Great Britain Sovereign Gold Coin

Great Britain Sovereign Gold Coin
Posted on September 15, 2022 by BOLD Precious Metals
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The British Sovereign is one of the world's most well-known and recognizable gold bullion coins. There is a long history of this gold Sovereign that dates back to before this period and even throughout the British Empire.

A traditional bullion coin that is traded and gathered by investors and enthusiasts all over the world is the British Gold Sovereign. A collection may gain value from the numerous commemoratives and special editions released over time in addition to the regular Sovereign. Recently, new Sovereign coins like the 2023 Gold World English King Coronation Sovereign and the 2022 Gold World English Memorial Sovereign King have been released featuring His Majesty King Charles III. Discover the finest selection and history of British Sovereign gold coins by reading this blog.

British Gold Sovereign Coins

Since 1489, the British Gold Sovereign has been produced as a gold coin in several variations. Except in 1933, when gold coins were not made in the United Kingdom, the modern Gold Sovereign was first introduced in 1817 during the reign of King George III. Since then, they have been produced annually.

All the modern Gold Sovereign coins weigh 7.98 grams and are crafted from 22-carat gold. They are 22.05 mm in diameter and 1.52 mm thick. Although the coin's designs have evolved, it always has the current monarch's likeness on the obverse and a picture of St. George defeating the dragon on the reverse.

Gold Sovereign coins in proof, bullion, and brilliant uncirculated striking standards are available from the Royal Mint.

The size of a gold Sovereign and the current market price of gold is what determines its value. If you want to know the value of a gold sovereign, start by finding the current live spot price for the specific coin size.

History

In 1489, King Henry VII made the Gold Sovereign a big gold coin worth twenty shillings. It was used to trade with other countries and showed the king's money and strength.

The new Gold Sovereign came out in 1817 when King George III was on the throne. It was a standard money piece in Britain and its territories, worth one pound sterling. Although the Sovereign's design has been changed many times, it always shows British money and economic power.

Even though the British government stopped making Gold Sovereigns for people to use during World War I, they were still made for trading with other countries. The Gold Sovereign was not used anymore when the government stopped using gold as money in 1971. However, it was still viewed as money for buying and selling.

The British Gold Sovereign is extra important in the UK. It's a coin you can use legally for buying and selling things. The coin's value is much more than its face worth. This means it's not often used for everyday purchases.

The historic Sovereigns represent a link to the kings and queens of the UK throughout history with their renowned coins and iconic designs.

- Made for Monarchs

Since 1489, the Sovereign has been struck for kings and queens, and notable year dates have been used to illustrate the ascent and descent of some of Britain's most prosperous monarchs.

- Reverse Design

Since 1817, The Sovereign has been adorned with the classic Benedetto Pistrucci design, and the recognizable George and the Dragon scene has come to be associated with one of the world's finest coins.

- Strength Comes from Being Stable

This 22-carat gold coin has had its weight and quality meticulously maintained throughout its illustrious history, guaranteeing that it is revered worldwide.

The First Gold Sovereign

Henry VII was the monarch who issued the first gold Sovereign. The monarch instructed the Royal Mint's officers to create "A new money of gold" on October 28, 1489. It evolved in numerous attributes from this coin:

1815: Saw the introduction of a new 20-shilling gold coin known by its previous name, Sovereign.

1817: The original Sovereign's weight and diameter were nearly cut in half by the new gold coin of that year.

1825: A more traditional depiction of the royal coat of arms replaced the image of St. George.

1871: The obverse featured an image of the young Queen Victoria, while the reverse featured a shield design with the saint and dragon.

1887: New designs for the gold and silver coins were unveiled in honor of Queen Victoria's Golden Jubilee.

1893: Saw the creation of the most artistic Half-Sovereign, with Pistrucci's St. George adorning the reverse and Thomas Brock's ancient head taking the place of Queen Victoria's Jubilee head on coins.

An ever-popular image: Pistrucci’s Design of St George and the Dragon

Since Victoria's reign, Pistrucci's design has been adorned on every monarch's sovereign. Except for five special occasions, including the Golden Jubilee year of Her Late Majesty The Queen in 2002 and the 200th anniversary of the modern Sovereign in 2017, the design has been featured on every bullion Sovereign of the 20th century.

Pistrucci's St. George and the Dragon considered the ultimate masterpiece of coin making, remains the top choice for the gold Sovereign collection. It is featured on all five of the Sovereign family's coins. Since each one was made with the original master tools, they all faithfully capture the dynamic masterpiece of Pistrucci in all of its original splendor.

Modern Sovereign Coins

Bullion

The Modern Sovereign bullion coins meet the bullion standard set by The Royal Mint.

A special edition of the Sovereign, which is the primary coin of The Royal Mint, has been issued to celebrate the coronation of His Majesty King Charles III.

The coin's obverse showcases a crowned coinage portrait of His Majesty King Charles III.

Meanwhile, the reverse features the famous St. George and the dragon design, which is closely associated with The Sovereign and was created by Benedetto Pistrucci.

22-carat gold strike.

Global investors rely on it for its robustness and consistency.

It is rated as investment-grade.

Proof

Modern Sovereign proof gold coin is the world's most valuable coin

Features Benedetto Pistrucci's iconic St. George and the dragon portrait on the back. It is struck in 22-carat gold to Proof standard.

The first official coinage image of His Majesty King Charles III is displayed on the obverse.

For the first time, the St. George and the dragon design is featured in the modern Sovereign Collection, along with the first official portrait of His Majesty on coinage. A Proof Sovereign has been minted with the King appearing on it.

Comes with a pamphlet describing the origins of the Carolean era and the history of The Sovereign.

Popular Gold Sovereign Bullion Coins

The Coronation Sovereign 2023 Gold Bullion Coin

Celebrate the historic occasion of His Majesty King Charles III's coronation with the exquisite Coronation Sovereign 2023 gold bullion coin.

The bullion standard is used to strike the coin.

On the front of the coin is a portrait of His Majesty King Charles III with a crown.

The reverse side of the coin displays the famous St George and the dragon design created by Benedetto Pistrucci. This design represents the strong heritage and resilience of The Sovereign.

Embrace this exceptional piece of history, struck in 22-carat gold, and be a part of a momentous chapter in the English monarchy.

The Memorial Sovereign 2022 Gold Bullion Coin

The Royal Mint's flagship coin, The Sovereign, has a memorial edition that pays tribute to Her Late Majesty Queen Elizabeth II's life and legacy by being struck to bullion standard. His Majesty, King Charles II's effigy, makes its debut with this 2022 Gold World English Sovereign King BU release.

The famous St. George and the dragon design by Benedetto Pistrucci has been replaced by Jody Clark's meticulous reconstruction of the Royal Arms in homage to Her Majesty.

The official coinage portrait of His Majesty King Charles on Sovereign bullion coins shows a new era for the British monarchy. Investors must own it because of its unique design and royal heritage, making it a collector's favorite.

Conclusion

The best way to make your investment or gold holding different and keep the important coverage of owning physical gold is by buying Gold Sovereigns. You will get the best value for your investment with Gold Sovereign coins. The British Gold Sovereign coins are collectors' favorite gold coins today. Collectors and investors worldwide buy, sell, or keep them for their collection. It is also given as a present during events like naming ceremonies and weddings. No matter what you like, BOLD Precious Metals offers many choices of gold bullion coins and bars.

BOLD offers the most sought-after gold, silver, and platinum bullion from reputable mints and refineries. At BOLD, we take pride in providing outstanding customer service and upholding stringent authenticity and grading guidelines to guarantee the caliber of our products. BOLD is a trustworthy source for purchasing precious metals, supported by numerous positive customer reviews.


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