Gold Sovereign Coin

The gold sovereign coin is a british coin that is produced by the royal mint as a bullion coin and released for investors and collectors.

Gold sovereign coin.

A full sovereign gold coin is often worth more than double in comparison to a half sovereign gold coin. 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. Old british sovereign gold coins contain exactly 0 23542 oz 7 322381 g of gold and have face values of 1 each. 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.

In 1663 striking coins by hand was finally abandoned with the introduction of screw. Given the long. The sovereign is a gold coin of the united kingdom with a nominal value of one pound sterling struck from 1817 until the present time it was originally a circulating coin accepted in britain and elsewhere in the world. Around 1540 the remaining mints closed and the royal mint we know today was the only left in operation.

Sovereign coin with king george iii 1817 1820. The sovereign gold coin price is dependent on the current gold spot price and the coin size of a sovereign. The british gold sovereign has maintained its status as one of the most famous coins in the world. Its liquidity is unparalleled and therefore very attractive to investors.

Since the royal mint struck the first gold sovereign in 1489 the coin has survived retirement rebirth and reform to become a modern classic. Gold sovereign coin history however goes back to 1489 and the reign of king henry vii. The initials b p. 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.

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. This can be compared to buying junk silver which also have low premiums for the specific. Gold sovereign coins from the british royal mint have been struck every year since 650 c e. Recognized worldwide for its purity and historical significance the british gold sovereign coin is minted in 22 karat gold.

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.