Purchase and Sale of Gold Sovereigns & Gold Bars

Piraeus Bank is the only commercial bank in Greece that purchases and sells Gold Sovereigns, Half Gold Sovereign, Gold Bars and purchases of Other Gold Coins, through its branch network.

Advantages

  • Gold Sovereign & Gold Bars are world renowned, broadly recognized, and an excellent choice for a meaningful gift
  • Gold Bars offered for sale are accompanied by certificates of authenticity
  • Customers can purchase and sell Gold Sovereigns and Gold Bars at all Piraeus Bank branches

How are Gold Sovereigns and Gold Bars purchased and sold

For English Gold Sovereign:

  • Purchase and Sale transactions of up to 30 items Gold Sovereigns and up to 60 items Half Gold Sovereigns are priced according to the FX and Banknote Bulletin issued by the Bank on a daily basis
  • Purchase and Sale transactions of more than 30 items Gold Sovereigns and more than 60 items Half Gold Sovereigns are subject to preferred pricing offered by Financial Markets Sales


For Gold Bars:



For Other Gold Coins:


Gold Sovereigns and Gold Bars are subject to market risk. Their value is subject to change according to fluctuations in the price of Gold [USD/ounce] as well as exchange rates (EUR/USD) on the international markets.

A valuable gift for the most special moments of yours

The Gold Sovereign is the most popular and recognized coin in the world with more than 500 years of history. Piraeus Bank is the The Royal Mint’s  official distributor of the gold Sovereigns across Greece.

Nowadays, Piraeus Bank is the only commercial bank giving its clients the opportunity to purchase a valuable gift for their loved ones.

Characteristics Of Gold Sovereigns & Gold Bars 

Gold Sovereign
Half Sovereign
Gold Bar Denomination
Weight
7.988gr
3.99gr
1gr, 5gr, 10gr, 20gr, 50gr, 100gr, 250gr, 500gr, 1.000gr
Alloy  
 
917
(22 carats)
 
917
(22 carats)
 
999.9 (24 carats)
 Diameter 
 
22.05mm
 
19.30mm
 


Additional services

Piraeus Bank offers the following related Gold Sovereign and Gold Bar services:

Appraisal via Piraeus Gold

All Appraisals are conducted at the exclusive point of service for all Gold products and services. Piraeus Gold is located in the center of Athens, within the branch at 16 Panepistimiou Street, in Heraklion of Crete, within the branch at 7, Evans and the Piraeus Gold in Thessaloniki at 5, Ionos Dragoumi Street.

No appointment required.

Appraisal via Piraeus Gold

Direct Appraisal

All Appraisals are conducted at the Bank’s specialized facilities in Athens, at which Specialists examine Gold Sovereigns and Gold Bars and determine whether or not they are acceptable for sale.

Appointments are booked via all Piraeus Bank branches.

Find your nearest Piraeus Bank branch

Appraisal via Branch

Arrangements can be made via all Piraeus Bank branches for the delivery and transfer of Gold to the designated appraisal facilities.

The Branch Officer receives the Gold from the client and arranges for the safe transfer and return.

Fees for the service are charged in accordance to the Bank’s designated Fee Bulletin.

Find your nearest Piraeus Bank branch

Features and Advantages

  • Customers may make an appointment through their respective branch and bring their Gold directly to the designated facilities. Alternatively, customers may have their Gold transferred securely via their respective Branch to the respective designated facility.
  • Appraisal service is performed by specialists at the Bank’s designated facilities in Athens, which are equipped with advanced spectrograph technology.
  • The service is offered irrespective of whether the Gold was purchased from Piraeus Bank.

Piraeus Bank offers Safekeeping of Gold Sovereign and Gold bars at its designated facility in Athens. The service is offered irrespective of whether the customer has acquired the English Gold Sovereign and Gold bars from the Bank. If however, the Gold has not been acquired by the Bank, appraisal must be performed before accepting Gold for Safekeeping.(see Appraisal procedure above). Fees for Safekeeping services are charged in accordance to the Bank’s designated Fee Bulletin.

Advantages

  • Reduces the risk of loss during transfer and possession of the Gold
  • Facilitates the immediate liquidation
  • Ensures against potential damage