Navigation

No products in the cart.

Bitcoin $1232.53(-9.29)Gold $1287.93(+0.26)Silver $18.03(+0.01)Platinum $976.46(+0.19)Palladium $794.69(+0.16)Rhodium $1025(+1,025.00)

British Sovereign Gold Coin

Return to Previous Page
Description

Product Description

British Sovereign Gold Coin

The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling. Prior to 1932 it was a fully circulating coin within Britain’s then Gold Standard currency. Today it is used as a bullion coin and is sometimes mounted in jewelry.

Named after the English gold sovereign, last minted in 1604, the name was revived with the Great Recoinage of 1816. Minting of these new sovereigns began in 1817. The gold content was fixed by the coin act of 1816 at 1320/5607 (0.235420) troy ounces (7.322381 g), nearly equivalent to 113 grains. This weight has remained practically constant to the present day (some minute changes have resulted from its legal redefinition in the metric system of weights).

Sovereigns have been minted in the United Kingdom from 1817 to 1917, in 1925, and from 1957 to the present. In the past Australia, Canada, and South Africa all occasionally minted the coins. Today, they are minted at the Royal Mint in Llantrisant, Wales, and under license by MMTC-PAMP near Delhi, India.

In addition to the sovereign, the Royal Mint also struck ten-shilling half sovereigns, two-pound double sovereigns, and five-pound quintuple sovereign coins. Only the sovereign and the half sovereign were commonly struck for circulation.

In 2009, The Royal Mint released a new coin in the sovereign series: the quarter-sovereign, similar in some ways to the original gold English crown of the rose.

If you are looking for fractional gold coins but are put off by the higher premiums that you have to pay for all 1/2, 1/4, and 1/10th in relationship to their one ounce parents, consider the Gold British Sovereign. The premiums are closer to what you would pay for 1 ounce gold bars.

The sovereign is a gold coin from the United Kingdom containing .23542 troy ounces of gold.

Please do not hesitate to contact us with any questions about this or other bullion products that we have for sale on our website. We would also be happy to answer any of your queries over the phone. Please also visit our information pages for more details on gold and silver investment basics, Bitcoin, and our policies.

Buy British Sovereign Gold Coin with Wire Transfer, Check, and Bitcoin at Veldt Gold.

More Info

Additional Information

Weight 7.322 g
Reviews (0)

Reviews

There are no reviews yet.

Be the first to review “British Sovereign Gold Coin”

Back to top