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  1. The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains 0.2354 troy oz of pure gold. Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. In addition, circulation strikes and ...

  2. The Royal Mint's bullion buyback service allows investors to sell their gold Sovereigns back to The Royal Mint. A bullion standard full gold Sovereign's value is calculated by taking the live sell spot price and multiplying it by the gold Sovereign's gold content of 0.235 troy ounces. View Gold Price Charts.

  3. The First Gold Sovereign. The very first gold Sovereign was struck during Henry VII’s reign. On 28 th October 1489, the king ordered the officers of his Royal Mint to produce “A new money of gold.”. Up to that point, gold coins had been in circulation for over a hundred years, so the Sovereign certainly wasn’t the first gold coin to be ...

    • The Price of The Sovereign vs Britannia. One of the most important considerations is, of course, the price of each coin. Weighing in at one troy ounce, our gold Britannia bullion coin is around four times heavier than The Sovereign, making it more expensive.
    • The Liquidity of Gold Bullion Coins. The international popularity of both Britannia and The Sovereign makes them extremely sought-after and the size of the secondary market for these coins means that owners can sell them when they want to liquidise their investment.
    • Tax-Exempt Gold Bullion Coins. Due to their investment-grade status, both The Sovereign and Britannia are exempt from VAT for most non-VAT-registered individuals.
    • Coin Design. Whereas the first Britannia bullion coin was produced in 1987, bullion editions of The Sovereign have been around for three decades longer, with the first Sovereign bullion coin being struck in 1957.
  4. The British Gold Sovereign, ‘the Chief Coin of the World’ is one of the most highly treasured gold coins. First introduced in 1489 under Henry VII, the Sovereign has evolved from being a widely-used circulation coin to becoming a bullion coin sought-after by both investors and collectors alike.

  5. The Basics of Gold Sovereigns. Gold Sovereigns are British coins, renowned for their rich history and the purity of their composition. They are struck from 7.98 grams of 22-carat gold, which means they are 91.67% pure, containing 7.32 grams or precisely 0.2354 troy ounces of pure gold. The Sovereign 2024 Gold Bullion Coin.

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  7. Nov 20, 2023 · British Gold Sovereigns – Key Dates & Varieties. Published on November 20, 2023. by APMEX. In 1489 the country of England struck it’s very first gold coin called a “ Sovereign.”. It depicted a portrait of King Henry VII, and it was, at the time, the largest and most valuable coin of its day. It was an international messenger of England ...

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