Gold is one of the few available types of investment for most Russians; in addition, this precious metal is a reliable way to store their savings. In this case, the investor has the right to choose what to buy - standard bars or coins. The cost of money is always slightly higher, but this is a more universal option, since all kinds of rubles, sterling and francs look great as a gift or souvenir. Among the sought-after coins for almost a century is a product that is officially listed as one chervonets, but because of its design it is called the “Sower.” Moreover, the coin is known under this name all over the world.
Sberbank gold coins
Today Sberbank of Russia offers a wide selection of various coins. There are hundreds of different variants presented here, produced by dozens of countries, such as Russia, Belarus, Ukraine, the USA, Australia, Western European countries and others.
What does “investment coins” mean?
An investment coin is a product made of precious metal (gold/silver) of high standard. They are used as a powerful financial tool that allows you to invest funds for the purpose of saving and increasing personal assets .
Sberbank entered the coin investment market in 1996. The need to release such a product to the masses was provoked by the large number of gold chervonets stored in the Central Bank.
But at the beginning of this project, the cost of the precious metal was declared too high (a 20% tax was also introduced, the cost of which was not refundable), which scared off potential consumers. The situation changed at the beginning of the 21st century, when the tax on investment transactions in this area was abolished. Now the precious metal is in quite high demand, and such products are purchased as gifts or as savings against possible inflation.
Silver coins of Sberbank
The purchase of coins has always been considered a profitable investment, because precious metals are constantly in price, and their value regularly increases. In addition, coins can be an excellent souvenir or collector's item.
All coins are conventionally divided into investment, collectible and commemorative. The cost of investment depends on their weight. In commemorative coins, the price is made up of three factors - in addition to the direct cost of the precious metal, its artistic qualities, as well as its collection value, are assessed.
The coins themselves are made of silver, gold, and platinum. There are even specimens made of palladium.
What coins does Sberbank buy?
One of the advantages of selling coins at a bank is the availability of the service. The owner will not need to collect information about local numismatists, study information on various forums and waste time on this. All he needs to do is find out what rare coins Sberbank is buying for the current period. It should be noted that the institution does not buy all monetary denominations and their list periodically changes both over time and across regions. There is no exact forecast of which specimens will be purchased from the population. The reason is simple: the bank is not interested in buying one type of coin. When a sufficient number of certain denominations is collected, the credit institution begins to buy others. Therefore, it is very important to periodically monitor all information from the bank’s central office about the list of purchased copies.
Many coins are true works of art in their beauty and value.
Denominations
Let's decide which denominations are valuable to the bank. They are divided into two categories:
- valuable specimens purchased on an ongoing basis;
- periodically purchased banknotes.
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Precious metal coins
The first category includes coins made of precious metals, royal, and anniversary. The Bank buys investment copies only of its own issue, which were produced in limited quantities. Since their price increases over the years, it is profitable for the bank to sell them. But in this case, the physical condition of the product, including packaging, is very important. If there is damage, the price will be determined by the amount of precious metal and its value at the time of purchase. Experts say that even minor damage to the integrity of the case leads to a change in the composition of the coin.
It should be understood that the bank buys only a certain category: from precious metals and in excellent quality
Banknotes from the second category are purchased after the institution announces the start of the purchase of a certain denomination. Basically, these are post-Soviet coins issued no earlier than 1991. They may differ only in a few characteristics:
- place of manufacture - preference is given to the mint from St. Petersburg (SPMD mark is required);
- coins in denominations from 5 kopecks to 10 rubles;
- year of issue,
- difference in coinage,
- chemical composition of the alloy.
Recently, samples from 2001 and 2003 have been on the list of purchased denominations. These are coins in denominations of 1, 2, 10 rubles and 50 kopecks (2001), as well as 1, 2 and 5 rubles (2003). In addition, the 2-ruble and 10-ruble coins of 2003 with the image of Gagarin are of interest.
Coins made of gold, platinum and silver - these are the types of coins that buyers are interested in
It is important to know that the second category of purchased denominations is not constant and changes periodically. Therefore, the most accurate information about them can be obtained from the list published daily on the website.
When asked whether the bank buys old, foreign or Soviet coins, the answer is negative. They belong on numismatists’ trading floors.
Exchange methods
Sellers should be aware that buying does not happen all the time, but is periodic. This means that you cannot come to any bank branch at any time and make a sale. Initially, a credit institution makes an announcement about the purchase of a certain type of banknotes from the population. In addition, not every department has specialists capable of conducting an examination.
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What coins does the bank buy?
There are a few other things to consider during the selling process. These are the conditions set by the institution:
- copies containing precious metals are accepted;
- if a product is damaged, its price is determined by the number of precious metals it consists of;
- the owner of a previously purchased coin can sell it no earlier than 3 years, otherwise he will have to pay tax;
- the cost of purchased denominations is determined on the day of purchase exactly as it happens with the exchange rate;
- To carry out the procedure, the seller must have a passport with him.
The process of buying coins occurs according to a certain approved procedure
Olympic coins
The most popular topic now is commemorative and investment coins dedicated to the past Olympic Games in Sochi. They have different denominations, but the cost of such coins varies from 3 thousand rubles to an impressive 395 thousand. The reverse usually depicts the sports that will be represented at the Olympics, or the official mascot of the games, the leopard. The only exceptions are the two most expensive coins - flora and fauna, the price of which is close to 400 thousand rubles. The reverse depicts the ancient goddesses flora and fauna. The obverse of such coins is a relief image of the coat of arms of Russia.
Price in Sberbank of the gold chervonets “Sower”
A person who wants to buy such an investment coin needs to know that this product does not have a fixed price. Reason: It fluctuates with the market value of gold. That is, it depends on demand on world exchanges. Therefore, Sberbank indicates the current cost daily.
You also need to know that the price at Sberbank is the same for all years of manufacture (only products minted at the end of the century are sold). And collectors, due to the different value of the products (depending on the year of minting), can ask for different amounts for the “Sower”. For example, the coin issued in 1981 is considered the most expensive - it is rare and its value is 4-5 times higher than other analogues. Coins of the highest quality (proof) are 3-4 times more expensive than ordinary products; only 100 thousand of them were issued (for the 1980 Olympics), but they are not considered investment coins, but commemorative chervonets.
Gift sets of coins
One of the most beautiful, of course, is a set of coins that is dedicated to Emperor Alexander the Third. Made in color, they will certainly become a treasure for a true collector. The set includes three coins in total. The first depicts a portrait of the emperor himself, the second shows his coronation ceremony, and the third shows the royal family. The denomination of these coins is 2 Fijian dollars, as they were made by local artistic engravers. The set itself costs 11,500 rubles. Most of all, Sberbank of Russia presents coins made by craftsmen from the Island of Niue - these are collections dedicated to St. Petersburg and the history of Russia, images of butterflies, flowers, and various rare animals that are listed in the Red Book of our country. One of the most beautiful is a coin with the image of the Amber Route. It shows a map of Europe and all eight major cities through which the ancient trade route passed. In addition, the coin itself contains real amber. Such a coin can be purchased for only 2800 rubles.
Characteristics and description of the golden chervonets “Sower”
The presented coin was issued at the beginning and end of the last century, but its appearance is almost identical and is as follows:
The obverse - since this is a coin of a no longer existing state, there are many Soviet symbols on it, which are appreciated by lovers all over the world. So in the very center is the coat of arms of the RSFSR, which is a shield with the sign of a hammer and sickle. The entire composition is framed with a wreath of ears. The coat of arms is located against the background of the sun's rays, under it is the inscription - RSFSR. Around the coat of arms is a well-known Soviet cliché: PROLETARIANS OF ALL COUNTRIES, UNITE! There is a frame in the form of large dots around the circle;
Reverse - in the center of the coin there is a peasant sower, whose figure gave the name to the coin itself. This image symbolized the optimism and confidence of the then newly created Country of Soviets. The denomination is also indicated on the coin, which is 1 chervonets. The release date was indicated at the bottom left. All of the above was depicted against the backdrop of a factory, a plow, and the rising sun;
Edge - here the year of minting, the number of shares of gold (78.24), the manufacturer, which were various mints (Leningrad, Moscow), were indicated.
Exclusive coins of Sberbank
The limited edition of these coins makes its owner the owner of a unique piece of coin art. Each such coin has individual features such as a unique number and a case made of expensive wood or precious stone.
- A limited edition makes the owner the owner of a unique item.
- An original case made in the form of a book, which describes the history of good deeds.
- The coin has an individual number indicated on the edge.
The collection of Sberbank of Russia is available to any citizen. Anyone who wishes can purchase these real works of art.
Descriptive characteristics of the 1923 chervonets
Here are the main parameters of this coin:
- catalog number – Fedorin-1,
- letter designation - PL,
- quality characteristics of the release – UNC,
- production metal – gold material of 900 standard,
- mass component – 8.603 (fluctuations may occur up or down by a maximum of 0.08 g),
- chemically pure metal contained – 7.742 g,
- diametrical cross-section – 22.6 mm with an error of 0.1 or 0.15 mm,
- total thickness - 17 mm with a probable deviation of 0.05 or 0.15 mm.
The coin was issued by the Mint in Moscow and Leningrad. Years of production: 1975-1982.
Review of collections from Sberbank
Considering all offers for the sale of investment coins, one can note an increased demand for the collection created in honor of the past Olympics in Sochi, especially products depicting curling and bobsleigh. The popularity of collectible items with the minted image of St. George the Victorious is also not decreasing.
According to experts, the undisputed leader among Russian investors is the “Golden Chervonets” coin, published in a circulation of 7 million copies.
The Sberbank catalog also includes other investment cash offers. Collections of precious metals published by other countries are also of interest to potential investors . It is worth taking a closer look at the collections that are always popular.
Features of selling investment coins
In addition to the use of high-quality precious metals in the production of commemorative coins, Swarovski crystals are used in the design. According to observations, these are the products that are in greatest demand among investors. The level of sales price is influenced by a number of factors. In particular, the following is taken into account:
- manufacturing method;
- level of safety;
- quality of minting;
- weight of pure precious metal;
- complexity of design, drawing.
Sberbank sells investment coins in individual gift boxes. It is recommended to store purchases in them in order to protect them from oxidation when in contact with the skin of the fingers.
The sale and purchase of investment gold products from Sberbank are exempt from mandatory taxation. But you should know that when purchasing collectible jewelry, the client will have to pay tax . Therefore, any transaction relating to this area of investment requires the mandatory presentation of a passport.
Popular areas in this area
The modern catalog of investment coin investments from Sberbank is not so large. The characteristic differences between the coins of the collection series are the following nuances:
- high quality of coinage;
- cost as close as possible to the actual valuation of the metal;
- simplified design (overly complicated shapes and small details are not used);
- Ancirculate type coinage (used for products produced in large quantities), it is characterized by the absence of mirroring of surfaces and the same structure.
According to statistics, Sberbank sells about 1 million collectible coins per year
Investment Features
Sberbank gold investment coins are evaluated according to two criteria:
- Real cost.
- Nominal rating.
All coins offered for sale at Sberbank can be seen on the bank’s official website.
The nominal value remains unchanged, and real prices are formed based on existing market conditions. Therefore, the demand for precious metals remains quite high among investors. According to experts, the main advantage of this type of investment is the increased level of investment reliability and accessibility to the masses of consumers.
The average cost of an investment precious metal from Sberbank is 800-900 rubles, and when making a purchase for a large quantity, the investor receives a discount of up to 3%.
It is worth dwelling on tax payments. They have certain conditions. So, for example, if the buyer has had the product for at least 3 years, then the 13% tax is not taken into account, but when owning coins before the stated period, certain tax conditions are assumed (if the total cost of the purchase was from 125,000 rubles) .
Useful recommendations from analysts
According to experts, the best return will come from investing in gold coins (silver is ideal as a good gift). Potential investors should understand that this type of investment is a lengthy, long-term process. It requires a competent approach and the ability to analyze the current state of the market. Although the gold rate is growing quite systematically, it is not at all at the pace that investors would like to see .
You should invest in gold/silver investment coins only for the purpose of long-term storage, in order to subsequently make a profitable transaction to sell them.
conclusions
Precious metal coins from Sberbank are an excellent way to invest. These operations help not only to preserve savings, but also to increase invested funds. Also, such products are highly valued as an expensive gift/present for family and friends. Well, if you want to sell your personal valuable coins, contacting Sberbank with this issue is the most profitable. After all, this bank has the most developed network for purchasing precious metals and is known for its most favorable offers.
