Category: News

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Investing in Legacy: Mixed Year Gold Coins and Enduring Their Value

Investing in gold is more than just buying metal; it’s about owning a piece of history. At J Blundell & Sons, we offer a unique collection of mixed year gold coins that blend historical significance with tangible value. Here’s why these coins are an investment in legacy and why they continue to attract collectors and investors alike.

The Allure of Gold Coins

Gold has always been a symbol of wealth and power. Throughout history, people have treasured gold coins for their intrinsic value and the stories they tell. When you invest in mixed year gold coins, you gain access to a variety of designs, mint years, and historical contexts. Each coin has a unique journey, and owning them is like holding a piece of the past.

Why Mixed Year Gold Coins Are Special

Mixed year gold coins offer a diverse range of options. They come from different mints, eras, and designs. This variety appeals to collectors who value the uniqueness of each coin. At J Blundell & Sons, we curate our selection to include coins from various countries and time periods, giving you a chance to build a truly eclectic collection.

Variety in Design

With mixed year gold coins, you never know what treasure you’ll find. Some coins feature classic images like monarchs, national symbols, or historic events. Others showcase unique mint marks or limited-edition runs. This diversity makes each coin a potential gem in your collection.

Historical Significance

Each coin carries a piece of history. Some were minted during significant events, while others mark important milestones. When you invest in these coins, you become part of that legacy. At J Blundell & Sons, we ensure that every coin has a story to tell, making your investment not just valuable, but meaningful.

At J Blundell & Sons you can invest in Half Gold Sovereign Jubilee Head Shield Back, with a choice of 4 years available. With an extensive variety of coins available, choose which Sovereign meets your personal or investment goals.

Enduring Value and Stability

Gold is a reliable asset. It tends to hold its value, especially in uncertain times. Mixed year gold coins offer an added layer of security because of their collectible nature. They are not just bullion; they are historical artifacts. This duality adds to their long-term value, making them a smart choice for investors and collectors alike.

A Hedge Against Uncertainty

Investing in gold coins can serve as a hedge against economic instability. When other investments fluctuate, gold often remains steady or even increases in value. Mixed year gold coins offer this stability while providing an opportunity for appreciation through their collectible appeal.

Diversification Opportunities

Investing in a variety of mixed year gold coins allows you to diversify your portfolio. At J Blundell & Sons, we help you create a balanced collection that includes coins from different periods and regions. This diversity can protect your investment and offer opportunities for growth.

Start Your Collection with J Blundell & Sons

Ready to invest in legacy? At J Blundell & Sons, we’re passionate about helping you build a unique collection of mixed year gold coins. Our experts carefully select each coin, ensuring quality and authenticity. Whether you’re a seasoned collector or just starting, we have something for everyone.

Explore our collection today and discover the enduring value of mixed year gold coins. Visit our website to learn more about our offerings and start your journey into the world of gold coin collecting. Investing in legacy has never been more rewarding.

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Gold Demand Surges as UK rides Recession

24k gold bars and gold coins from LBMA accredited refiner

The recent declaration of a UK economic recession has triggered a notable response in the investment sphere, notably reflecting in The Royal Mint’s report of a significant 22% uptick in daily gold sales last Thursday 15th February 2024.. This sheds light on a substantial shift in investor sentiment.

Market Insights Analyst Commentary

Offering insights, Market Insights Analyst Stuart O’Reilly from The Royal Mint pointed out that the news of the UK recession prompted investors to reassess strategies, leading many to turn to gold as a steadfast safe-haven for preserving wealth. The impending impact on interest rates and inflation fuelled renewed interest in gold, potentially affecting central banks’ monetary policies.

Factors Driving Gold Demand:

O’Reilly underscored several factors behind the surge in gold demand. The possibility of lower interest rates, often viewed favourably for gold, became a significant consideration for investors. Gold’s historical resilience during recessions and economic uncertainty further contributed to the surge. Additionally, geopolitical risks, signs of banking sector turmoil in the US and China, and the potential for central bank gold buying all played roles in driving up demand.

Data from The Royal Mint revealed a trend where investors are turning to gold and precious metals to diversify portfolios and hedge against risks. Notably, Sovereign and Britannia gold bullion coin and bar investment products emerged as preferred choices among investors. An interesting aspect highlighted is that these bullion coins are Capital Gains Tax-exempt for UK residents, providing a unique advantage for investors seeking tax efficiency amid market fluctuations.

Conclusion:

The recent surge in gold demand, as evidenced by The Royal Mint’s data, depicts investors actively seeking stability in uncertain times. Gold’s enduring appeal as a safe-haven asset is once again underscored as economic conditions prompt a re-evaluation of investment strategies. As the landscape evolves, the precious metal market may continue to be a focal point for investors navigating the complexities of a recessionary environment.

Discover the vast range of gold bullion made easy at jblundells.co.uk. As a trusted and credible gold dealer, we pride ourselves on offering an exceptional customer service and the highest quality of LMBA-approved gold bars and gold coins.

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Unveiling the Golden Opportunity in Dental Refinery

gold refining

Since 1839, J. Blundell and Sons Ltd, a trusted family-owned business, has specialised in refining precious metals. Now, we’re thrilled to extend our services, including dental scrap refining. This offers dental clinics and dentists across the UK a seamless opportunity to swiftly convert their waste dental scrap into cash.

How to Sell Your Dental Scrap Gold

Selling with us is easy. Whether you visit our Hatton Garden store or fill out our straightforward online form, the process is quick, reliable, and hassle-free. Request a FREE prepaid shipping pack, send us your dental scrap, and receive cash the very next day after we get your metals.

Ready to Turn Your Dental Scrap into Extra Income

Don’t hesitate to reach out to our experts for answers, quotes, and guidance. You can choose an in-person consultation at our Hatton Garden store, or if you’re looking for a quick estimate, utilise our online quote service.

Why Sell Dental Scrap Metals

Selling to J. Blundell’s isn’t just about cash; it’s also about sustainability. Recycling old restorations not only promotes eco-conscious practices but also clears your workspace. Moreover, you get the best prices for your dental scrap.

Scrap Metals We Accept

At J. Blundell’s, we refine dental scrap metals such as gold, silver, platinum, palladium, and others commonly found in dental restorations. Our refining processes contribute not only to sustainable practices but also guarantee financial returns for you.

Benefits of Refining Dental Scrap Gold:

Our dental gold refinery is designed to extract valuable metals from dental scrap, offering a dual advantage of financial gain and environmental responsibility. By choosing us, you not only convert unused dental materials into cash but also actively minimize waste.

Dental Gold Services Available:

  • Dental Scrap Assaying: Our accurate assessments and detailed reports on composition and value ensure transparency.
  • Dental Scrap Melting: Utilising state-of-the-art equipment ensures maximum efficiency and accuracy during the process.
  • Dental Scrap Refining: We maintain high standards in our refining process to provide the best possible payout for your materials.

Why Sell Dental Scrap Metals to J. Blundell’s?

  • Reputation and Trustworthiness: Our reputation for fair dealing, accurate assessments, and ethical practices is well-established.
  • Pricing Transparency: Clear pricing structures and explanations are provided for your peace of mind.
  • Purity and Quality: We assure you of high purity levels, consistently meeting industry standards.
  • Experience and Expertise: With years of experience handling various gold materials, including dental scrap, we bring a wealth of expertise to the table.
  • Environmental Responsibility: Our commitment to sustainability is evident in our processes and services.
  • Certifications and Compliance: Industry certifications and compliance with regulations underscore our professionalism and commitment to quality standards.
  • Security and Insurance: Secure handling and proper insurance coverage are in place to ensure a worry-free process.
  • Payment Options and Timing: Choose from flexible payment options and enjoy reliable, timely transactions upon completion.

The recycling and refining process involving dental scrap metals support both environmental and economic advantages. At J. Blundells, we wholeheartedly welcome a range of dental scrap to help our customers recycle what would have otherwise become wasted goods.

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Unwrapping Brilliance: Buying Gold Online in December

Are you thinking about buying gold online in December? A month draped in the sparkle of festivities, December is the perfect time to delve into the world of online gold shopping. In a digital era where convenience meets luxury, acquiring gold has never been more accessible.

Buying Gold Online

Begin your journey by navigating through the exceptional collection of Gold Bullion at J Blundell & Sons today. Gleaming collections await, with each piece crafted to perfection, promising not just an accessory but a timeless investment. December heralds a season of celebrations, making gold a symbol of both opulence and tradition.

When it comes to buying gold online, the options are as diverse as the holiday traditions themselves. From Brand New Gold Bars to the very popular Gold Sovereign and Britannia Coins, there certainly is a large choice available.

Why Shop Online?


What sets online gold shopping apart is the convenience it brings to your fingertips. Effortlessly browse through an array of designs, compare prices, and make a decision in the comfort of your home this December.

All online orders will receive a FREE and Fully insured delivery service plus there are safe and secure payment methods available.

Shop online with confidence when you purchase gold bullion from a reputable and well-established, expert gold dealer such as J Blundell’s.

Investment strategy


December serves as an ideal time to bolster your investment strategy with gold. The festive season heightens gold demand, creating a favourable market. Historical trends show increased economic uncertainties, making gold a sought-after safe-haven asset. The tradition of gift-giving in December further boosts gold demand, potentially leading to price appreciation. Seizing exclusive deals and discounts offered online enhances financial prudence. Take advantage of this opportune moment to fortify your investment portfolio with the enduring value and stability that gold provides.

Conclusion

In summary, buying gold online in December is a smart move. The festive season boosts demand, and exclusive online deals add extra value to your investment. Enjoy a stress-free experience from home, exploring diverse options conveniently. Given gold’s historical resilience during economic uncertainties, December presents an opportune time to fortify your financial portfolio. Embrace the convenience, variety, and potential savings of online purchases to secure a timeless investment that combines elegance with financial prudence

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The King Charles III Coronation Gold Sovereign’s Triumph in 2023

In 2023, the King Charles III Coronation Gold Sovereigns soared in popularity, driven by their historical significance and the anticipation surrounding Charles’s impending coronation. These coins, celebrated for their intricate designs and relative scarcity, captivated both collectors and investors.

Beyond their monetary value, these coins carried profound symbolism as emblems of British heritage. Their enduring allure made them highly coveted, particularly among those exploring pawnbroking.

A Year of Historical Significance

The year 2023 witnessed a significant shift in the gold market. With Prince Charles ascending to the throne, the anticipation surrounding his coronation ignited substantial interest among collectors and investors. This was not just due to the historic occasion but also because gold, renowned for its stability and safe-haven status, drew many in the United Kingdom who were exploring pawnbroking and investment opportunities.

King Charles III Coronation Gold Sovereign 2023

The King Charles III Coronation Gold Sovereign of 2023 achieved remarkable success in the coin market, captivating collectors and investors. Its significance extended beyond its precious metal composition; it symbolized the continuity and tradition of British history. With its regal design and limited mintage, it became a cherished keepsake for those seeking a tangible piece of history. Its value transcended its gold content; it embodied the enduring spirit of the United Kingdom. In 2023, the King Charles III Coronation Gold Sovereign served as a testament to the nation’s rich history and promising future, making it highly sought-after among collectors.

Regal Beauty: A Closer Look

The coin’s appearance exudes captivating regality. One side showcases a meticulously crafted and detailed portrayal of King Charles III, framed by a coronation crown and adorned with royal regalia. The reverse side features the iconic image of St. George slaying the dragon, symbolizing strength and valor. This design pays homage to a significant event in British history, with its shimmering gold surface adding to its grandeur. In summary, the King Charles III Coronation Gold Sovereign radiates timeless elegance, capturing the essence of royalty and tradition in 2023.

Value to the Market

These coins represent more than mere metal; they encapsulate history, culture, and tradition. Their rarity and storytelling appeal draw collectors and investors alike. The market value of these coins is anticipated to continue rising, making them a prudent choice for investment.

In conclusion, the release of the King Charles III Coronation Gold Sovereign in 2023 not only reshaped the coin market but also rekindled interest in numismatics. These coins transcended their monetary worth, transforming into tangible pieces of history and symbols of heritage that ignited the imagination of collectors and investors. The excitement surrounding this coin had a ripple effect, revitalizing the market and reaffirming the enduring allure of sovereigns. They solidified their status as prized assets for collectors and investors.

Conclusion

In summary, the 2023 release of the King Charles III Coronation Gold Sovereign transformed the coin market. Its regal design and historical significance reignited interest in sovereign coin collection and investment. These coins became tangible pieces of history, igniting collectors’ and investors’ imaginations beyond their monetary value. The excitement it generated had a ripple effect, reigniting numismatic interest. In 2023, this coin not only reshaped the market but also reaffirmed the enduring allure of sovereigns as prized assets.

J Blundell & Sons offer an exceptional selection of Gold Britannia Coins as well as Gold Sovereign Coins, all of which can be ordered online and come with free, fully insured delivery.

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“The Domino Effect: How Bank Failures Impact Gold and Precious Metal Prices”

Overview

The recent significant bank failure, Silican Valley Bank (SVB), which is the largest since the 2008 financial crisis, has sparked a renewed bullish sentiment in the gold market. Analysts predict that the increased demand for safe-haven assets will drive gold prices higher in the coming week.

Silicon Valley Bank

SVB specialised started about 40 years ago its clientele primarily comprised individuals and companies in various sectors, including technology, life science, healthcare, private equity, venture capital, and premium wine industries. The bank was particularly influential among Indian start-ups, as it was one of the few financial institutions that was willing to serve C corporations whose founders did not possess Social Security numbers

Collapse of SVB

In order to service SVB’s insured deposits, the FDIC established a new bank called the Deposit Insurance National Bank of Santa Clara. However, in 2022, SVB experienced significant losses due to an increase in interest rates and a major decline in growth in the technology industry, where the bank had a substantial amount of liabilities. According to reports, SVB had unrealized losses exceeding $15 billion for securities held to maturity as of December 31, 2022. Eventually, a bank run fueled by tech industry investors and inadequate risk management led to the bank’s collapse in early March 2023.

The Domino Effect of Bank Failures

Bank failures can increase gold prices as they erode investor confidence in the banking system and the stability of fiat currencies. When a bank fails, it may trigger a chain reaction of financial panic, causing investors to seek safe haven assets such as gold as a hedge against market instability.

Additionally, bank failures can lead to central banks and governments implementing policies that increase the money supply or lower interest rates to stimulate the economy. These measures can lead to inflation and weaken the value of fiat currencies, making gold a more attractive investment option as it maintains its intrinsic value over time.

Therefore, in times of economic uncertainty and bank failures, gold prices tend to rise as investors flock to the perceived safety and stability of gold as a store of value.

The Impact of the 2008 Financial Crisis on Gold Prices

The global financial crisis of 2008 had a significant impact on the price of gold. In the early stages of the crisis, investors were uncertain about the stability of the financial system and the value of fiat currencies. As a result, many investors turned to gold as a safe-haven asset to protect their wealth.

The increased demand for gold led to a surge in its price, as investors sought a hedge against the market instability and inflationary pressures. Gold prices rose from around $800 per ounce in late 2008 to a high of over $1,900 per ounce in September 2011.

Furthermore, the crisis led to central banks and governments implementing expansionary monetary policies to stimulate the economy and prevent a complete financial collapse. These policies, such as quantitative easing and low-interest rates, increased the money supply and weakened the value of fiat currencies, making gold a more attractive investment option.

Overall, the 2008 financial crisis had a significant impact on the price of gold, driving demand for the precious metal as a safe-haven asset and leading to a sustained period of price growth.

Current Market Conditions and Predictions for Gold Prices

As global economic uncertainty persists, analysts are predicting that gold prices could reach $1,900 per ounce, similar to the levels seen during the 2008 financial crisis. The current market conditions, including low-interest rates and inflationary pressures, are fueling demand for gold as a safe-haven asset. Additionally, ongoing geopolitical tensions and the COVID-19 pandemic are creating an environment of economic instability, which is causing investors to seek the perceived safety of gold. With these factors in mind, analysts believe that gold prices will continue to rise in the coming months, potentially reaching the levels seen during the GFC.

According to analysts, gold is expected to maintain its appeal as investors seek to safeguard themselves against inflation and potential financial instability. Furthermore, analysts have observed that the collapse of SVB may indicate the conclusion of the Federal Reserve’s tightening cycle.

Conclusion

The recent collapse of Silicon Valley Bank (SVB) has reignited interest in the gold market, as investors seek safe-haven assets to protect themselves against financial turmoil and inflation. Bank failures erode investor confidence in the banking system and fiat currencies, leading to a surge in demand for gold as a store of value. The 2008 financial crisis had a similar effect on gold prices, driving demand for the precious metal as a safe-haven asset and leading to a sustained period of price growth. With ongoing economic uncertainty and geopolitical tensions, analysts predict that gold prices will continue to rise, potentially reaching the levels seen during the global financial crisis. In this environment, gold is expected to remain an attractive investment option, particularly as central banks and governments implement expansionary monetary policies to stimulate the economy. Overall, the collapse of SVB serves as a reminder of the importance of diversification and the role of gold as a hedge against market instability.

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The New Commemorative King Charles Coins

After the passing of our late Queen Elizabeth II in September, we knew that the coins we use every day with her portrait on them would eventually have to be phased out and replaced with the portrait of our new King Charles III. 

At the end of 2022, The Royal Mint unveiled a new coin effigy of King Charles III; these new coins were released at the beginning of the year. This new coin design features a portrait of King Charles III facing right and was designed by Martin Jennings. The Royal Mint has a long-standing tradition of creating new effigies to mark significant changes in the monarchy, and this new effigy of King Charles III continues that tradition.

The King’s portrait will appear on the heads of the new £5 and 50p coins. On the reverse of the 50p coin is a design that originally appeared on the 1953 Coronation Crown. The reverse of the £5 coin features two new portraits of Queen Elizabeth II that artist John Bergdahl created. Both these designs will commemorate the life of our late Queen.

5 New Memorial Bullion Sovereign Gold Coins 

To mark the passing of Her Late Majesty Queen Elizabeth II and to honour her long life and reign, a new memorial range of Sovereign bullion coins are being released this month. 

This is the first Sovereign Bullion range featuring the official portrait of His Majesty The King; it features Benedetto Pistrucci’s St George and the dragon and an intricate reinterpretation of the Royal Arms by Jody Clark. 

The five new coins are:

  • The Memorial Sovereign 2022 Gold Bullion Coin
  • The Memorial Soverign 2022 Twenty-Five Bullion Coin Tube
  • The Memorial Half-Sovereign 2022 Gold Bullion Coin
  • The Memorial Double-Sovereign 2022 Gold Bullion Coin 
  • The Memorial Quarter-Sovereign 2022 Gold Bullion Coin

These coins will all feature our new King Charles III for the first time, and they will be released on the 7th of February. 

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The Forecast of Gold prices in the UK in 2023

As 2022 drew to a close and we welcomed in the New Year, Gold was one of the best-performing assets, just behind the US dollar. 

Supply and demand are the two main factors that affect Gold prices. When demand for Gold increases, so does its price; when more people sell their Gold than buy it, prices drop. Other factors include inflation, economic growth or decline, currency exchange rates, and political turmoil—all of which influence the global markets and play a role in setting Gold prices. 

In 2022, Gold did underperform due to The Federal Reserve System, which is the central bank of the United States; raising their interest rates which had a negative impact on bonds and Gold. This meant that the value of the U.S dollar increased, and it became a safer investment, so the demand for Gold decreased. 

However, the forecast for Gold prices for this year looks promising. As we enter 2023 and see that many economies could face a bit of a recession, Gold will naturally become more attractive to investors. Gold is the only asset that every central bank owns, and according to the World Gold Council, in the third quarter of last year, central banks bought 400 tonnes of Gold. 

Towards the end of 2022, we saw the value of Gold start to rise as the US dollar started to weaken, and if this continues, then the value of Gold will continue to go up in value during 2023. It’s important to remember that Gold prices aren’t always stable; they often fluctuate based on short-term events like news reports or natural disasters. This means that predicting long-term trends with any degree of accuracy is difficult. 

We are looking forward to seeing what unfolds this year! As always, if you are looking to invest in Gold, we’d be happy to help you alongside a financial advisor.

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An Overview of the Current Price of Gold in the UK

As with any investment, keeping an eye on the market is important. This is especially true when it comes to Gold. The price of Gold can fluctuate greatly depending on various factors, making it difficult to determine what will happen next. In this post, we’ll take a closer look at the current price of Gold in the UK and what factors influence its value. 

Current Price Of Gold In The UK  

The live price of Gold can fluctuate dramatically daily and even hour to hour. Today the price of Gold is £1,557.47 per ounce (£50.07 per gram). It has dropped slightly this week but is nearly at its highest since September 2022.

Factors Influencing the Price of Gold in the UK 

Several different factors, including supply and demand, geopolitical events, and currency exchange rates determine the price of Gold. Supply and demand play an important role in determining the price of Gold; if there is an increase in demand for Gold, then prices may rise. Likewise, if there is a decrease in demand for Gold due to political or economic events, then prices may also fall. 

Inflation also plays a role in determining the price of Gold. If inflation is high, people may turn to invest in Gold as a haven from potential financial losses due to rising living costs. 

Gold Coins & Bars 

Investors need to consider additional costs, such as premium prices for special coins or bars and shipping fees or taxes, when buying or selling physical Gold coins or bars.

Another important factor to consider when buying physical Gold is storage fees. Most banks offer safe deposit boxes that provide secure storage for valuable items like jewellery and coins – but these come at a cost, so make sure you factor this into your budget before making any investments! 

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2022 recap

Happy New Year! As we welcome 2023, we thought we would recap the Gold market in 2022. 

In 2022, Gold saw a period of significant changes in the United Kingdom. It was an eventful year for the precious metal, from new regulations to rising prices. Let’s take a look at some of the key developments and what they mean for investors and consumers alike. 

Price Changes 

Gold prices rose significantly during 2022, reaching their highest level since 2011. This was largely due to increased demand from central banks and other institutional investors seeking to diversify their portfolios or hedge against economic uncertainty. This surge in demand led to higher prices across the board, with Gold coins becoming increasingly popular as investments among individuals and institutions.

One of the biggest changes to gold prices in 2022 was due to Brexit. After Britain officially left the European Union on January 1st, it caused great uncertainty in global markets. This instability caused investors to flock to safe-haven investments such as gold, significantly driving its price. 

Regulatory Changes 

The UK government also implemented a few regulatory changes related to Gold. This included the introduction of new rules around how Gold can be traded, including restrictions on who can buy and sell gold bullion bars and coins online. 

These regulations were established to protect consumers from potential fraud or manipulation by rogue traders or dealers. Stricter reporting requirements were also put on companies that deal with Gold trading, aiming to improve transparency and accountability.

The Royal Mint started producing new coins.

Along with the rest of the UK this year, we were deeply saddened by the news of Queen Elizabeth II’s death on September 8th. The coins we use every day started to phase out in December, with new coins being introduced featuring our new King. This year we will start to see new coins featuring King Charles III’s portrait. 

We are looking forward to seeing what 2023 brings!