I have a few old sovereigns passed to me from my Gramps a Vicky and an Eddy. They seen some circulation but still pretty.
You could be right as many many people can't afford them as they live from paycheck to paycheck with their currency's buying power becomes smaller by the day.
I purchased much of mine when I had savings but that quickly eroded away over the last 5 years from more taxes and real inflation, I rarely splurge, dine out, gave up owning an automobile. I can see how one can get into debt real quick, something I religiously avoid.