Gold Sovereign Coin
Available as a gold bullion coin the sovereign is recognised as the chief coin of the world and is one of the most popularly traded coins of all time.
Gold sovereign coin. Its liquidity is unparalleled and therefore very attractive to investors. Recognized worldwide for its purity and historical significance the british gold sovereign coin is minted in 22 karat gold. The british sovereign containing 2354 troy ounces of gold content can generally be purchased for less than half the premium of the similar sized 1 4 troy ounce american eagle gold bullion coin you won t find a better buy for gold mint coins with this great combination of small size and recognizability. Since the royal mint struck the first gold sovereign in 1489 the coin has survived retirement rebirth and reform to become a modern classic.
Given the long. Old british sovereign gold coins contain exactly 0 23542 oz 7 322381 g of gold and have face values of 1 each. Gold sovereign coins from the british royal mint have been struck every year since 650 c e. This can be compared to buying junk silver which also have low premiums for the specific.
Around 1540 the remaining mints closed and the royal mint we know today was the only left in operation. The sovereign gold coin price is dependent on the current gold spot price and the coin size of a sovereign. Gold sovereign coin history however goes back to 1489 and the reign of king henry vii. The initials b p.
In 1663 striking coins by hand was finally abandoned with the introduction of screw. It is now a bullion coin and is sometimes mounted in jewellery in most recent years it has borne the design of saint george and the dragon on the reverse. Gold sovereign coin with king george iii 1817 1820 king george iii was the first sovereign to have a sovereign minting of 22 carats and 7 3224 g of pure gold a standard still used today for british sovereigns. With some designs being issued in limited numbers the coin attracts a lot of interest and is considered one of the standard ways in which investors can build a gold holding of their own.
A full sovereign gold coin is often worth more than double in comparison to a half sovereign gold coin. At that time there were several mints across the country. The gold sovereign coins available today carry the famous design of st george and the dragon created by the italian designer benedetto pistrucci on the reverse of the coin. We buy gold sovereign coins at competitive market prices so if you want to cash in on your investment contact a friendly member of.
The british gold sovereign has maintained its status as one of the most famous coins in the world.