Precious metal coins are not only a collectible or a means of payment, as they were several centuries ago, but also an interesting investment tool.
The value of gold has been steadily increasing over the years. I don’t advise you to immediately rush to buy investment coins in order to make good money on them: for now, buying them is much easier than selling them. I will tell you about how gold coins are sold at Sberbank. The price for them is set taking into account the bank spread.
Sberbank is the largest financial institution in the country. There you can not only buy coins made of precious metals, but also sell them if necessary. Sberbank’s online catalog has a huge assortment – more than a thousand copies, but not all are accepted from the public. Below you will find out which copies you can make money on, whether they all accept returns and where to sell a coin purchased from another bank or inherited from your grandmother.
Sale of coins in Sberbank
There are several types of investment coins, the official sale of which is handled by Sberbank. The buyer is provided with a catalog of Sberbank coins with prices, branded packaging and all the necessary accompanying documents confirming the characteristics of the investment object and the legality of the transaction.
Bank coins made of gold and silver are one of the long-term investment options
In addition, the bank not only sells, but also buys such coins, provided that the owner manages to maintain their proper quality.
In this case, you should take into account some of the nuances that occur when selling:
- The designated financial institution practices purchasing only certain types. The difficulty is that over time these lines are updated, and previously purchased items become outdated and are not suitable for completing collections.
- Not every department conducts such activities. The reason is simple - not everywhere there is a professional appraiser.
- The verification does not happen immediately; it usually takes time, which can last for several days, excluding weekends.
We should not forget that investing in such a plan does not imply a short-term perspective.
Thus, unlike commemorative coins, investment coins are valuable solely for the purity of the metal. The cost of the latter is growing, but not as quickly as investors would like, so it is better to sell after some time, otherwise the benefit will be minimal, if not negative.
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.
Sberbank gold investment coins
The full catalog includes all Sberbank investment coins presented on the organization’s official website.
And today 7 copies with different themes, hallmarks, shapes and weights are available for purchase:
| Coin name | Denomination, rub. | Year of issue | Weight, g | Image | Cost, rub. |
| "Victorious" | 25 | 2021 | 3,11 | 18240 | |
| "Victorious" | 50 | 2021 | 7,78 | 43460 | |
| Talisman "Leopard" | 50 | 2011 | 7,78 | 43460 | |
| Talisman "Bear" | 50 | 2012 | 7,78 | 43460 | |
| Talisman "Leopard" | 100 | 2011 | 15,55 | 83480 | |
| Talisman "Bear" | 100 | 2012 | 15,55 | 83480 | |
| Talisman "Bunny" | 100 | 2013 | 15,55 | 83480 |
The first two copies depict St. George the Victorious, while the last five are decorated with symbols of the Winter Olympics in Sochi 2014. At the same time, studying the catalog, you can see that the cost of the coins directly depends on how many of them will be purchased, and here, accordingly, the more, the more affordable the price will be.
The purchase is also subject to tax, but in a much smaller amount than was initially established.
The final cost is also affected by the weight of investment gold, as well as the method by which it was minted. So, there are two options: PROOF and UC, the first of which is considered the highest quality and, accordingly, expensive, often made by hand, while the second is more affordable and widespread, but without being put into use.
All Sberbank gold coins listed in the table are of UC minting quality.
Investing in gold coins
The value of coins is by no means conditional and is determined not only by the quality of the metal used for minting it, but also by its appearance. This means that the catalog price is not a fixed value, but can change.
Of course, you can purchase such coins from your own hands, but in this case you seriously run the risk of running into a fake or a product that is frankly of poor quality in terms of safety.
There is an option to use the services of a professional appraiser, but this is an extra expense, which is another good reason to buy the required copy from a bank that provides such a service by default.
Investing in gold is still profitable. Another thing is that we are talking about the long term, otherwise instead of a profit you can get a minus
Another important nuance is that if you are purchasing coins with the prospect of further resale, and not for your own collection (which is unlikely in the case of investment banknotes), then it is better not to get rid of the transparent bank packaging. This simple technique will help ensure better safety of the investment object until a repeat transaction.
Sberbank silver coins: price, series, rare editions
Investment coinage made of silver is quoted, the cost of which is much lower, which is due to the difference in the price of precious metals.
You can also purchase such specimens at Sberbank, whose official catalog currently lists four different specimens:
| Coin name | Denomination, rub. | Year of issue | Weight, g | Image | Cost, rub. |
| "Victorious" | 3 | 2020 | 31,1 | 2800 | |
| Talisman "Leopard" | 3 | 2011 | 31,1 | 2800 | |
| Talisman "Bear" | 3 | 2012 | 31,1 | 2800 | |
| "Sable" | 0,01 | 1995 | 31,1 | 2800 |
All Sberbank coins listed in the above tabular form also have UC minting quality. At the same time, the “Sable” series, issued in a thousand copies, is used in everyday life, being a full-fledged means of payment on the territory of the Russian Federation, mandatory for acceptance.
Denominations
The denominations accepted by Sberbank are divided into those purchased on an ongoing basis and periodically. At any time, you can sell domestic investment and some commemorative (anniversary) gold coins. Denominations issued in limited quantities are well appreciated.
Sberbank accepts the following Russian gold coins:
| Denomination, growing rubles | Name |
| 0,1 | Chervonets – 75, 77, 78, 79, 82 |
| 5 | Bogolyubov, Alexandrov, Pereslavl |
| 10 | Raymonda, Bolshoi Theater |
| 25 | Series “Zodiac Signs” |
| 50 | Mordovia, Universiade, Radonezh, Chekhov, Helsinki, V. Novgorod, Gogol, 1000 years of Kazan, Yaroslavl, Shein, Kalmykia, Turin, Games, Lermontov, Football, Athens, Khakassia, Games, Kremlin, Smolensk, Bobr, 60 years of Victory, Elk, Geographical Society, Police, Sberbank, Zodiac Signs Series |
| 100 | Yuriev-Polsky, Raymonda, Alexandrov, Leopard, Pereslavl, Bolshoi Theater, Nevelskoy, Monetary circulation |
| 200 | Springboard, Short track, Leopard, Bobsled, Judo, Hockey, Figure |
| 1 000 | Ingermanland, Figured, Flora |
| 10 000 | Sberdelo |
| 50 000 | Sberdelo |
Exchange methods
The exchange service is not provided at Sberbank. It can only be exchanged for banknotes, that is, sold. If you are into collecting and there are two identical pieces in stock, you can try to exchange it for one of similar value with a colleague - a numismatist or collector.
Another option - selling and buying a new one - may not be as profitable due to the bank spread (the difference between the sale and repurchase prices).
Features of purchasing coins at Sberbank
Contrary to popular belief, there is also a demand for silver coinage. Because with proper investment, this type of investment is also quite promising.
For example, you can purchase bank silver coinage for the following purposes:
- as a present;
- as a souvenir or reward for certain merits in the professional field of activity;
- for your own collection;
- and, actually, for investing.
The only point is the issue, which occurs with silver lines as often as with gold ones, with all the ensuing prospects in terms of changing the design and using new themes. It is important to remember that these series are never duplicated, which can make them somewhat more difficult to sell in the longer term.
Coin offer from Sberbank
Sberbank offers a wide range of investment, anniversary and commemorative coins issued by the Bank of Russia, as well as leading foreign manufacturers.
The following coins are currently on sale:
- New Year's series 2022 and 2022;
- on the topic of religion;
- from the series “For good luck”;
- from the series “Zodiac Signs”, etc.
Not long ago it became possible to buy investment and commemorative coins at Sberbank at reduced prices: with mechanical defects on the copy itself, damaged packaging, without a manufacturer’s certificate. Such products can add to your own collection or become a memorable gift.
Products at reduced prices (in satisfactory condition) are not sold in all Sberbank departments. You can find out about authorized points of sale in the list of UVSPs in the “Important” block.
READ Options for withdrawing dollars or other currencies from Sberbank accounts
Copies in satisfactory condition cannot be sold to a bank, so they should be purchased with caution as an investment instrument.
How can I check the availability of investment coins at a Bank branch?
There are several ways to ensure that you know the presence of certain coins in the bank. The first option is the easiest, because it doesn’t even involve leaving the house.
This is quite simple:
- Go to the official website of Sberbank.
- Select the “Invest and Earn” section.
- Follow the path “Coins and bars” - “Coins made of precious metals”.
Not every bank branch has coins for investment.
You can check their availability on the official website or during a personal visit to a financial institution. At this stage, you can find out about the availability of coins in branches, not only new ones, but also used ones that do not have a certificate, but have defects (the cost will be appropriate ).
The second method involves direct contact with specialists at any bank branch, who will provide you with all the information about where you can purchase the investment property you are interested in.
Why are precious metal coins so popular?
Precious coins made from metals such as gold, platinum, silver are a good investment instrument, a collectible, and can become an original gift or souvenir.
For investment
Investment copies are produced in large quantities and have a fairly standard appearance.
The value of an investment product depends on the content and value of the precious metal included in its composition. As the value of the metal changes over time, the price of the product changes accordingly. The most popular investment coins in Russia are gold:
- “St. George the Victorious” 999 samples;
- “Russian Ballet” series;
- “Sower” 900 samples;
- "Sable".
You can buy these and other gold and silver investment coins at Sberbank of both excellent and satisfactory quality.
Important! Transactions with coins that can be a means of payment (investment, commemorative) are not subject to VAT, unlike transactions with precious metals in bullion.
Spread - the difference between the purchase and sale prices - depends on:
- precious metal included in the product (silver has more than gold, due to the greater demand for gold in the investment market);
- circulation (the larger the circulation, the smaller the spread).
Thus, buying coins made of precious metals as an investment should be with the expectation of long-term storage, at least 3 years, since the purchase price for them is significantly lower than the retail selling price.
For example, at the end of October 2022, at Sberbank you can buy investment silver coins “Sable” with a face value of 25 rubles in excellent quality for 24,990 rubles, and sell them to the bank for only 8,000 rubles. A gold copy of the same denomination has a selling price of 12,990 rubles, a purchase price of 6,000 rubles.
READ Connecting the package and its terms of service
For collection and gifts
Unlike investment items, commemorative (collectible, souvenir, anniversary) items are made using advanced technologies, have great artistic value, an original or unique design, and an unusual shape. As a rule, such products are produced in limited editions.
The cost of numismatic items is influenced not only by the market price of the metal, but also by rarity, theme, age, and preservation. The most valued are complete collections collected by series and years, rather than isolated specimens.
Collectibles are a fairly specific investment tool. Its application requires special knowledge or a consultant well versed in this area.
The main differences between collectible and investment pieces are reflected in the table:
| Indicator name | Collectible | Investment |
| Coinage | Proof | Uncirculated |
| Circulation | Limited | Big |
| Image | Not tied to an event | Anniversary, significant event, thematic series |
| Artistic value | Eat | No |
| Investment value | Rising price of precious metal | Increase in collectible value and, to a small extent, increase in metal price |
Please note: according to the Tax Code of the Russian Federation, income from the sale of coins owned for less than 3 years is subject to personal income tax. Therefore, it is important to have a document confirming the date of purchase of the coin.
