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2024

Great Britain King Charles III Gold Sovereign

Out of stock
Tavex is pleased to present the Gold Bullion 2024 Sovereign. This 2024 Gold Bullion Sovereign illustrates the official coinage ... read more
We sell We buy
1-9
-
£490.55
10-24
-
£490.55
25+
-
£490.55
The photos are used for illustration purposes only and may not be an exact representation of the product.

Introduction

Tavex is pleased to present the Gold Bullion 2024 Sovereign. This 2024 Gold Bullion Sovereign illustrates the official coinage portrait of His Majesty King Charles III, designed by Martin Jennings. The sovereign, introduced for the first time more than 500 years ago, is world-renowned for its impeccable accuracy, strong liquidity, and high quality.

Sovereigns were known as "the chief coins of the world" across the British Empire, and they were at the heart of the classical gold standard, playing an important role in international finance and trade. More than 20 countries used sovereign gold coins as legal tender currency during the eighteenth century, illustrating their global significance.

This coin, struck in 22 carat fine gold, allows this sovereign to have real and permanent tangible value, and thus will make a great addition to any portfolio. The Royal Mint, as the official government-authorised mint for the UK, offer CGT exemption on their fine gold bullion coins that is important when considering your gold investment.

Why Buy

  • Gold Sovereigns allow you to invest in a legacy. As The Royal Mint’s flagship coin, the Sovereign gold coins have endured for more than five centuries.
  • Sovereigns are Britain’s most famous gold bullion coins. In addition to representing the golden age of the British Empire, gold sovereigns are one of the most treasured coins in Britain and are among the most widely recognised gold pieces worldwide and in the bullion market.
  • Sovereign gold coins are liquid. With more than 700 million pieces minted since the 1800s, the sovereign gold coins are supported by a deep and liquid market.
  • Sovereigns are money. All gold sovereigns minted after 1837 are considered legal tender and are exempt from Capital Gains Tax in the United Kingdom.
  • Sovereign coins are the equivalent of savings. A sovereign gold coin is an ideal choice for any long-term saver who appreciates the security and stability of owning physical legal tender gold coins in their investment decisions.
  • Sovereign gold coins are an excellent way to diversify your portfolio. Gold’s low correlation with other financial assets makes sovereign gold coins serve as a portfolio hedge against market risk.

Buying gold items means low risks and maintaining wealth

Gold's value has grown over the years making it good to maintain or grow wealth.

  • Product value (1pc)
    £514.49
  • Buyback price
    £490.55
  • Your risk now
    £23.94

Fact: gold price in GBP has risen 175.36% in the last 10 years. The lowest price was 686.93 GBP/oz and the highest 2,154.41 GBP/oz. Current world market price is 2,105.88 GBP/oz

History

The Sovereign, produced by The Royal Mint, has a 500-year history and is connected with several British Monarchs. For 2024, the reverse of the coin has Benedetto Pistrucci's iconic St George and the Dragon design, which first featured on The Sovereign in the nineteenth century. Martin Jennings designed the official coinage picture of His Majesty King Charles III for the 2024 Bullion Sovereign range's obverse. 

The Royal Mint

The Royal Mint is one of the oldest and most respected government institutions of Great Britain. Its long operating history, by some estimates over 1100 years, and coupled with its production of many of the world’s most famous coins, like the gold sovereign, has contributed to making it one of the best known and renowned mints in the world. Since 1279 when the mint established its operation in the Tower of London, it has been responsible for the production of coins of the United Kingdom. Its reputation for excellence and trust was further reinforced when Sir Isaac Newton became Master of the Royal Mint. During his tenure at the Royal Mint, he was responsible for moving the British pound to the gold standard.

Today the Royal Mint is not only responsible for minting coins used for circulation in the UK, but is likewise producing official coinage for more than 60 countries in the world. However, the most important and renowned coin ever to come out of its minting presses has without doubt been the sovereign gold coin which even today is being produced at its minting facility in the town of Llantrisant, Wales, UK. The accuracy and quality of the modern gold sovereign coin is the same as it was two hundred years ago, containing 22 karats of fine gold and weighing exactly 7.98805 grams. The popularity of the gold sovereign has likewise not changed, as confirmed in 2014 when the Royal Mint ran out of 2014 sovereign gold coins due to exceptional demand. The gold sovereign is without doubt one of the foremost gold coins ever to be produced and the fact that almost 100,000,000 sovereigns gold coins have been minted since 1957 is a testament to their excellence and trustworthiness. The reputation of the gold sovereign coin as “the chief coin of the world” will live on for centuries, as savvy investors will always prefer to keep a portion of their wealth in gold coins which are secure, liquid and trustworthy.

Product weight in grams
7.98
Gold weight in grams
7.315
Fineness
916.7
Gold weight in troy ounces
0.23542
Diameter (mm)
22.05
Thickness
-
Face value description
1 sovereign
Manufacturer
The Royal Mint, United Kingdom

Obverse

The obverse displays the official coinage portrait of His Majesty King Charles III, designed by Martin Jennings.

Reverse

The reverse features the iconic image of St. George conquering the dragon. The date of release is listed at the bottom. Bendetto Pistrucci designed the reverse.

Packaging

Each coin is individually packaged in a hard plastic capsule. Multiples of 25 are available in original mint-sealed tubes.

We understand the importance of ensuring that you receive your order in a safe and secure manner. That’s why each order goes through additional quality control, is carefully packaged in a protective box and discreetly labeled to guarantee the protection of your privacy. Additionally, we take extra steps for your peace of mind – every shipment is fully insured, so you don’t have to worry when ordering products online.

We are committed to providing you with the best possible service and experience, and we believe that one important aspect of the process is a safe and secure shipment process. If there are any issues with your shipment, such as damage or loss, please don’t hesitate to reach out to us. Our dedicated customer support team is always available to help by phone 020 4541 4145 or tavex@tavexbullion.co.uk, and we will do everything in our power to sort out any problems and get your order to you in a timely and efficient manner.

After we dispatch your parcel, we will provide you with a tracking number so that you can track its progress and see exactly where it is at all times. This way, you can stay informed about the status of your order and know exactly when to expect it to arrive. Transparency is key to a great customer experience, and we are always here to help with any questions or concerns you may have.

Each order is discreetly packed and fully insured, so you can safely order products online – additionally, after dispatch, we will provide you with the package number, so you will be able to track its entire route.

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