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6 Significant British Gold Sovereigns

Published by honor in category Precious Metal Information Guides on 15.10.2024
Gold price (XAU-GBP)
2,036.20 GBP/oz
  
+ GBP8.47
Silver price (XAG-GBP)
24.08 GBP/oz
  
+ GBP0.19

Since their introduction over 500 years ago, British Sovereign coins have stood as symbols of royal authority, and national heritage. Above all they are also known for their lasting value.

From their creation under Henry VII in 1489 to their ongoing minting today, Sovereigns have reflected the United Kingdom’s history, embodying both its triumphs and its trials.

This article will take a look at 6 of the most significant Sovereigns. It will take a look into the story that each sovereing tells and explore why they are significant.

What is a Sovereign Coin?

The Sovereign, a pure gold coin that has held its value and reputation for over five centuries, was initially introduced as a way to cement the authority of the reigning monarch. These coins were not just currency; they were statements of power, wealth, and national pride.

2024 sovereign gold coins are made of 22 carat gold

Over the years, the Sovereign has evolved from being purely functional to an investors treasure. Its standard weight and the symbolic imagery stamped upon it make it a timeless artefact of British heritage.

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1) The First Sovereign (1489)

In 1489, Henry VII commissioned a new coin to symbolise the legitimacy and power of his rule. Known as “The Sovereign,” this gold coin became the largest and most valuable English coin of its time.

sovereign history

Weighing 240 grains (around 15.55 grams) and made from fine gold, this Sovereign represented the stability Henry VII sought to bring to his kingdom after the Wars of the Roses. Today, this coin is one of the most highly prized among collectors, with only a few remaining outside museum collections.

2) The 1819 George III Gold Sovereign

The 1819 Sovereign, featuring George III, is one of the rarest Sovereigns ever produced.

With only 3,574 coins struck, it wasn’t meant for general circulation

This scarcity, combined with the unique history of George III’s reign, has made it a coveted piece among numismatists.

Featuring the familiar St George and the dragon design, this coin marks a period of British history where coins began to transition from purely practical use to a collector’s item, signifying national pride and heritage.

3) The 1937 Edward VIII Sovereign

Known as the ‘coinage that never was,’ the 1937 Edward VIII Sovereign remains one of the most fascinating British coins due to its backstory. King Edward VIII, who abdicated the throne to marry Wallis Simpson, halted the production of his coinage, leading to an extreme rarity of these coins.

The few pattern coins that were produced feature Edward’s portrait facing left, breaking the tradition of alternating the direction of each new monarch’s image. With only six known to exist today, the 1937 Edward VIII Sovereign is a prized collector’s item, representing a brief yet dramatic chapter in British history.

4) The 1879 Victoria Young Head St George Sovereign

Struck during the reign of Queen Victoria, the 1879 Sovereign bears her ‘Young Head’ portrait and the classic St George and the dragon on the reverse. This coin holds particular significance due to its connection with the Anglo-Zulu War, a crucial moment in British military history.

With only 20,013 coins minted, the 1879 Sovereign has become a valuable collector’s item. It symbolises both the strength of Queen Victoria’s reign and the enduring legacy of Britain’s imperial ambitions.

5) The 1989 Elizabeth II Gold Proof Sovereign

In 1989, to commemorate the 500-year anniversary of the original Sovereign, the Royal Mint released a special edition.

Breaking with tradition, this coin did not feature the classic St George design; instead, it displayed a Tudor Rose shield, a nod to the coin’s Tudor origins under Henry VII

This special edition was issued only for this anniversary and features Queen Elizabeth II seated in the coronation chair. The 1989 Proof Sovereign is a testament to the lasting legacy of British monarchy and the Royal Mint’s dedication to preserving history.

6) The 1993 Elizabeth II Gold Proof Sovereign

Commemorating Queen Elizabeth II’s Ruby Jubilee, the 1993 Gold Proof Sovereign celebrated her 40 years on the throne. With a limited mintage, this coin was crafted to a Proof standard, with impeccable detail and a high-polish finish, making it a sought-after collector’s piece.

The coin’s obverse features Queen Elizabeth’s third portrait, capturing a moment in British history where the monarchy and modernity began to blend. The 1993 Sovereign represents the stability and continuity of the British Crown through the 20th century.

Gold price (XAU-GBP)
2,036.20 GBP/oz
  
+ GBP8.47
Silver price (XAG-GBP)
24.08 GBP/oz
  
+ GBP0.19

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