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Exploring British Gold Sovereign Denominations

Published by honor in category Precious Metal Information Guides on 20.02.2024
Gold price (XAU-GBP)
1,865.57 GBP/oz
  
- GBP29.25
Silver price (XAG-GBP)
21.88 GBP/oz
  
- GBP0.25

Since the first gold sovereign was minted in 1489, this coin series has expanded into a variety of sizes.

Gold Sovereigns have long been celebrated for their beauty, historical significance, and value as an investment. These coins, minted in various denominations, offer both collectors and investors a tangible piece of history and a secure asset.

This article delves into the different denominations of Gold Sovereigns, their dimensions, weights, and the unique value they bring to the world of numismatics and investment.

The History and Significance of Gold Sovereigns

george slaying the dragon

Originating in the 15th century during Henry VII’s reign, Gold Sovereigns embody a rich history. Renowned for their exquisite design and gold content, these British coins have served as a symbol of stability and prestige through centuries.

The coin’s design, featuring the reigning monarch on the obverse changes depending on the monarch. However the reverse has evolved over time. The famous sovereign design has Pistrucci’s St George and the Dragon on it. It changed over the years to encompass other designs such as the Victorian shield and 2023 it has seen the return of the iconic George and the Dragon on the Coronation Sovereign. Its essence is a representation of Britain’s strength has remained constant.

2023
Great Britain Sovereign King Charles III Coronation In Stock

Great Britain Sovereign King Charles III Coronation

We sell 1+ £459.64 433.94 433,94 433.94 433,94 433.94 433,94 459.64 459,64 459.2 459,20 458.32 458,32
We sell £458.32 433.94 433,94 433.94 433,94 433.94 433,94 459.64 459,64 459.2 459,20 458.32 458,32
We buy £433.94
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These British gold coins are not just historical artefacts; they are also a wise investment choice. Their exemption from Capital Gains Tax (CGT) as a legal tender in many jurisdictions adds to their allure among investors seeking gold bullion coins for their portfolios.

Denominations of Gold Sovereign Coins

The Quintuple Sovereign The Double Sovereign The Sovereign The Half Sovereign The Quarter Sovereign
Diameter 36.00 mm 28.40 mm 22.05 mm 19.30 mm 13.50 mm
Weight 39.9 g 15.98 g 7.98 g 3.99 g 2 g
Alloy 916.7 AU 916.7 AU 916.7 AU 916.7 AU 916.7 AU

The Quintuple Sovereign (Five Pounds)

The largest and most impressive, five-pound sovereigns are rare and highly sought after, with five times the gold content of a full sovereign.

The Double Sovereign (Two Pounds)

Double sovereigns, or two-pound coins, contain twice the gold of a full sovereign and are prized for their larger size and design details.

The Sovereign

The most iconic and commonly collected, full sovereigns weigh 7.98 grams and contain 0.2354 troy ounces of gold. They are the standard against which other denominations are measured.

The Half Sovereign

Half the weight and gold content of full sovereigns, these coins are popular for their affordability and the variety they add to collections.

The Quarter Sovereign

Introduced in 2009, quarter sovereigns offer an even more accessible entry point for new collectors, with a quarter of the gold content of a full sovereign.

Dimensions and Weights

Each denomination of Gold Sovereign has its own unique dimensions and weights, tailored to its value and size.

These coins are struck in 22 carat gold, combining purity with durability

Please note, the precise diameter, thickness, weight and type of gold of each denomination play a crucial role in its identity and the price of gold.

Why Invest in Gold Sovereigns?

Gold Sovereigns offer a blend of historical significance, artistic beauty, and investment value. Their range of denominations provides options for every level of collector and investor, from those just starting to seasoned numismatists.

CGT EXEMPT
Great Britain Gold Sovereign Elizabeth II 1957-1982 In Stock

Great Britain Gold Sovereign Elizabeth II 1957-1982

We sell 1+ £448.58 434.27 434,27 434.27 434,27 434.27 434,27 448.58 448,58 448.14 448,14 447.7 447,70
We sell £447.70 434.27 434,27 434.27 434,27 434.27 434,27 448.58 448,58 448.14 448,14 447.7 447,70
We buy £434.27
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The combination of tax benefits, fine gold content, and the enduring appeal of their design makes Gold Sovereigns a standout choice in the world of precious metals out of all the coins in the world. Denominations are a great way for a variety of people to invest, as the gold prices will vary the smaller or larger denomination you get, making it an accessible investment for all.

Key Takeaways

Gold Sovereign denominations present a fascinating and valuable opportunity for both collectors and investors. From the Quintuple Sovereign to the accessible Quarter Sovereign, these coins offer a piece of history, a work of art, and a solid investment, all rolled into one.

Whether you’re looking to diversify your investment portfolio or own a piece of numismatic history, Gold Sovereigns are a golden opportunity worth exploring.

FAQs

1) What do different sovereign mint marks mean?

These small letters or symbols, delicately imprinted on coins, serve as identifiers of the mint where each coin was produced. Learn more about sovereign mint marks here.

2) What is the meaning behind the sovereign designs?

The gold sovereign is undoubtedly one of the most iconic and recognisable coins in the world. It’s rich history, enduring design, and intrinsic value make it a symbol of prestige and power. Explore more about the meaning of the designs here.

3) Are gold sovereigns a good investment?

Gold sovereigns are a multifaceted investment, encapsulating a blend of historical intrigue, artistry, and financial stability in the realm of physical gold and metal investments. Explore more why gold sovereigns are a good investment for buying and selling here.

Gold price (XAU-GBP)
1,865.57 GBP/oz
  
- GBP29.25
Silver price (XAG-GBP)
21.88 GBP/oz
  
- GBP0.25

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