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How Much Gold is There in a Gold Sovereign vs a Half Sovereign?

The gold Sovereign is the pride and joy of British coinage and has been around for a very long time. The modern gold Sovereign was launched in 1817, however, the Sovereign has a history that dates back even longer. The 1817 coin was part of the great British Re-coinage of 1816. The original 1817 gold Sovereign was designed by the Italian designer, Benedetto Pistrucci, who created the classic image of St George slaying the dragon. This is the image that appears on the gold Sovereign. At the time, the brother of the Duke of Wellington, William Wesley Pole commissioned the Italian designer to create the new coin for the re-coinage. Thereafter, the Sovereign was created to replace an older British coin called Guinea.

How Much Gold is There in a Gold Sovereign vs a Half Sovereign?
A fine example of an 1838 Gold Sovereign

The early history of the Gold Sovereign

The gold Sovereign is based on an even older British coin called the English Sovereign. This was issued in 1489 by King Henry VII. The English Sovereign weighed of 15.55 g in gold. It was the first coin with a value of 1 pound, and its size and fineness of gold changed over the years. In 1603, when King James I acceded to the throne of England, a Sovereign was released to commemorate the occasion. After that, the Sovereign was withdrawn from circulation and did not resurface until 1817.

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How much gold did the 1817 Sovereign contain?

Under the proclamation of King George IV in 1817, the weight of the gold Sovereign was set at 5 pennyweights, three grains, Troy weight of standard gold. When we calculate this amount in grams, it becomes clear that the 1817 gold Sovereign contained approximately 7.942 g of gold. According to the proclamation, the 1817 gold Sovereign would also be known as the 20 shilling coin. It was this occasion that heralded the birth of the modern Sovereign, as we know it.

The changing Sovereign

Over the years, the design of the Sovereign was modified with the reign of each British monarch. For example, the Sovereign of King George IV features a laureate head of the King. Once again, when King William IV took over the throne in 1830, a new makeover of the sovereign was created.

By the reign of Queen Victoria, the full Sovereign contained 7.98 g of gold, with a purity of 91.7%. The coin, popularly known as the Young Head, had a diameter of 22.05 mm and a thickness of 1.56 mm.  However, the gold content of the Sovereign was eventually brought down to 7.32 grams of gold. This weight continued through the reigns of King Edward VII, George V, right up to the 2022 gold Sovereign of Queen Elizabeth II. Currently, the half Sovereign of Queen Elizabeth II contains 3.66 g of gold.

How Much Gold is There in a Gold Sovereign vs a Half Sovereign?
The obverse of the Sovereign of King George IV with a laureate head

Both coins are tax-free when bought and sold in the UK. A full Sovereign contains 7.32g of gold, with the smaller coin containing exactly half that amount. Half Sovereigns tend to cost more per gram to buy but provide more divisibility to a coin portfolio. A mix of both types of Sovereign is preferable for a balanced collection.

A bullion coin

Both the full Sovereign and the half Sovereign are now released by the Royal Mint as a bullion coin. Since 1932, the Sovereign has been withdrawn from circulation. However, it continues to enjoy its status as a legal tender coin. In the UK. However, its gold value makes it unfit for use in the economy as a payment method.

Talk to the gold experts to know more about the British Sovereign

Physical Gold is proud to be one of the largest and most reputed gold dealers in the UK. If you wish to invest in gold Sovereigns, please speak to our investment team, who can guide you on getting the best deals for this coin. Call us on (020) 7060 9992 or drop us an email via our website.

 

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Gold Sovereigns or Krugerrands – Which are the Best to Buy?

When making a decision regarding gold coins for our investment portfolio, we have to probe into the history of the coins, find out more about their investment potential and assess their availability. We can make an educated decision based on certain factors that most investors would consider when choosing a gold coin for their portfolio. In this article, the two coins that we shall discuss are the famous British Gold Sovereign and the South African Gold Krugerrand.

History of the coins

The Gold Sovereign

The iconic gold Sovereign has been an integral part of British coinage for more than a couple of centuries. Modern gold Sovereigns have been issued since 1817. However, it ceased to be in circulation since 1932. Gold sovereigns are now minted by the Royal Mint as a bullion coin. This amazing British coin has been minted throughout the reigns of several British monarchs. During the reign of Queen Victoria, the Sovereign witnessed three different issues, better known as the Young Head, the Jubilee Head and the Old Head. The coin is instantly recognisable due to the famous design of St George and the Dragon, which was initially created by the Italian designer, Benedetto Pistrucci. It is a coin that is loved by many investors and numismatists and worth including in your investment portfolio.

Gold Sovereigns or Krugerrands
The Gold Krugerrand features the portrait of President Paul Kruger

The Gold Krugerrand

The gold Krugerrand is a more recent coin. It was first issued by the South African Mint in 1967 and produced with gold provided by the Rand Refinery. The Krugerrand gets its name from the former president of South Africa, Paul Kruger. Of course, the country’s currency is called the Rand. Hence, the coin is named Krugerrand. The obverse of the coin has an image of President Paul Kruger, while the reverse features a Springbok, which is the country’s national animal. By 1980, the Krugerrand was the leading choice for investors, who wanted to buy gold coins. Due to its popularity, the coin prospered and represented 90% of the international gold coin market at one time.

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Comparing the two coins

Gold Sovereigns can be a better purchase for UK investors than a Krugerrand as any profits are tax-free. While a Krugerrand can provide a cheaper overall purchase cost per gram due to its larger size, dealers may pay less for them and any profits are taxable. Sovereigns have been around for far longer so provide the possibility of owning more historical coins.

Gold Sovereigns or Krugerrands
A beautiful Young Head Sovereign from the reign of Queen Victoria

Liquidity and value

In terms of liquidity, both coins are well-placed. Both the Sovereign and the Krugerrand are globally renowned coins and sell quickly. Both coins feature 22-carat gold, which is a fineness of 91.7%. However, it must be noted that the older Sovereigns can fetch better value due to their age. The Krugerrand is a more recent coin and does not command premiums based on rarity and age.

Diversity

If we were to consider diversity, the gold Sovereign is a better choice. Having been around for centuries, the coin is available in a variety of issues and sizes. The gold Sovereign has many different sizes. Like the quarter Sovereign, the half Sovereign and even a double Sovereign. Investing in these coins can create flexibility for your portfolio, allowing you to sell different amounts of gold at different price points in the market.

Call Physical Gold to get the best advice on buying gold coins

Physical Gold is one of the most reputed gold dealers in the country and our investment team can advise you on making the best purchases in gold coins. Call us on (020) 7060 9992 or reach out to us via our website and a member of our team will contact you right away.

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How Do I Find out Where to Buy Gold Sovereign Coins?

Gold Sovereign coins are one of the most popular British coins that attract investors every year. The Sovereign has been around for more than two centuries and benefits from abundant availability and low prices. The modern Sovereigns are available as bullion coins and carry low premiums due to mass production and lower manufacturing costs. The gold Sovereign is also a very affordable coin, since it is available in smaller sizes, as a quarter of an ounce. The gold Britannia, on the other hand, is a 1-ounce coin that is far more expensive than the Sovereign.

Great value for money

Due to their affordability factor, the gold Sovereign allows beginner investors access to the gold market by investing a smaller sum of money. Investors can also enjoy the flexibility of owning gold Sovereigns. Due to their smaller sizes, they add divisibility to an investor’s portfolio. From a tax perspective, Sovereigns are a great investment. Investors do not pay any VAT when buying the coins. Since the Sovereign is considered to be legal tender, investors can also avoid paying Capital Gains Tax (CGT) on the profits made from the sale of these coins.

How Do I Find out Where to Buy Gold Sovereign Coins?
A gold proof Sovereign featuring the portrait of our Queen, Elizabeth II

Buying gold Sovereigns

The growing interest amongst investors in buying gold Sovereigns, leads many people to ask the question – what is the best route to buy Gold Sovereigns? Of course, many would turn to high-street jewellers and gold shops. This is an old route, mainly for people who like to see and touch the gold they’re buying. However, over the last 10 years, much of the gold trade has moved online. Today, if you’re buying investment-grade coins like the gold Sovereign, it’s best to buy from a reputed online dealer.

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It’s safest to buy gold Sovereigns directly from a reputable precious metals dealer. If the dealership has the right credentials, it will ensure the Sovereigns are authentic, in great condition and sell at a competitive price. Many now have e-commerce stores, making it easy to buy online. Buying from a jeweller, an auction or privately are other options, but they pose significant risks.

Reputed online gold sovereign dealers

Moreover, large online dealers are more likely to stock a diverse range of gold products. By visiting the dealer’s website, you will probably see a variety and volumes of investable gold coins like the Sovereign. High-street dealers usually do not have such a large inventory. Due to their buying power, reputed online dealers are also able to offer rock bottom prices, especially on larger volume purchases. Many dealers, like Physical Gold, also have a monthly purchase scheme, through which you can regularly invest in gold Sovereigns and build up a formidable gold portfolio.

How Do I Find out Where to Buy Gold Sovereign Coins?
A reputed dealer can store your gold in an LBMA approved vault

Safety and security

Online gold dealers will also ensure that your transaction is conducted with utmost safety. Online payments are made using a debit or credit card, through a secure, encrypted payment gateway. Physical Gold, a reputed UK dealer uses a 3D secure payment method. Your gold Sovereigns are dispatched via a secure courier, and your package is fully insured. Many large dealers may also offer you the option of storing your gold securely with them in an LBMA approved vault. Lastly, all reputed dealers will provide an authenticity certificate and a buyback scheme. It is unlikely that you would get all this when you shop for your coins on the high street.


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Get in touch with Physical Gold to find out more about buying gold Sovereigns

At Physical Gold, we pride ourselves on being one of the country’s most reputed online gold dealers. Our experts are always willing and ready to work out the best deal on gold Sovereigns for you. Call us today on (020) 7060 9992, or reach out to us online by visiting our website.

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Why buy Gold Sovereigns?

If you want to collect a piece of history, along with unmatched value, look no further than the Gold Sovereign. While the Gold Britannia may be the flagship coin of the Royal Mint, the Gold Sovereign is perhaps the most iconic coin ever issued as a part of British coinage. The coin is heralded as one of the oldest British coins that have been around for more than 200 years.

The gold Sovereign

There is a distinction between the modern Gold Sovereign and the older coin that was issued during mediaeval times. The modern Sovereign has seen the face of several British monarchs. The coin was around during the reigns of the great Queen Victoria and Edward VII, followed by King George V, Emperor of the British Empire during the First Great War.

The Sovereign was continued during the reign of King George VI, who ruled the Empire during World War II and continued into the reign of his daughter, Queen Elizabeth II, our current British monarch. The older Sovereign was issued in 1489 during the reign of King Henry VII. However, the mintage of the Sovereign was terminated in 1604. The coin was reintroduced only in 1817.

Why buy Gold Sovereigns?
A rare George III half Sovereign from 1817

An illustrious history

It’s not just the history that makes this coin attractive. The Sovereign has a unique design. The reverse of the coin features an image of St George slaying a dragon. This iconic image was conceptualised by the famous Italian designer and engraver, Benedetto Pistrucci. The coin is indeed a work of art, as well as a representation of the fineness and elegance of British coinage.

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Which Sovereigns should I buy?

The first consideration for any investor is affordability. Most investors want value for money. Old Sovereigns are small in size and therefore affordable. Having been produced for over 200 years, they’re very easy to sell on and can make a good investment if the gold price goes up. Their value generally increases with age and any profit made on their sale is completely tax-exempt in the UK. It’s also important to research the secondary market. Due to its long years of production, the gold Sovereign enjoys a vibrant secondary market. Many Sovereigns that have been issued over the years are available at different price points. So, it’s important to build a relationship with a reputed gold dealer and find out the best deals on Sovereigns that you can benefit from.

Why buy Gold Sovereigns?
A proof Sovereign from the reign of Queen Victoria

Divisibility is an important differentiator

A definitive reason to invest in gold Sovereigns is the divisibility it brings to your portfolio. There is a wide variety of different sizes to choose from. As an investor, if you prefer larger coins with lower production costs, the full sovereign, the double Sovereign, and the quintuple Sovereign could be just right for you. The latter two are known as the 2-pound coin and the 5-pound coin, respectively. However, it may make sense to invest in smaller coins, which gives you the flexibility of selling small amounts of gold at the right price points. In that case, you have the option of acquiring the half and quarter sovereign. Incidentally, the quintuple Sovereign is perhaps one of the most famous, as it has the largest gold content ever found in a British coin.

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Accessibility to the gold market

Another important reason to buy gold Sovereigns is that it is an affordable coin when compared to the gold Britannia. Investors can therefore own a sovereign, with a lesser amount of capital outlay and enjoy its benefits, including VAT and CGT exemptions.

Get in touch with Physical Gold for the best deals in gold Sovereigns

Our numismatic experts at Physical Gold can advise you on how to avail of the best deals when buying gold Sovereigns. Call us on (020) 7060 9992 or visit our website and get in touch with us online.

 

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What is the Difference between a Gold Sovereign and a Half Sovereign?

The sovereign is an iconic British coin that is popular amongst investors and collectors. The modern sovereign has been in existence since 1817, and the coin has witnessed the reigns of several British monarchs. The current version features a design of St George and the Dragon, which was created by the famous coin designer, Benedetto Pistrucci.

The sovereign is available in different forms, owing to separate releases during the reigns of different monarchs. The gold coins issued during the reign of Queen Victoria have three different editions – the young head, the Jubilee head and the old head. These variances make the coin extremely attractive to collectors. In this article, we will explore the differences between a gold sovereign, otherwise known as a full sovereign and a half-sovereign.

Difference between a Gold Sovereign and a Half Sovereign
A full Sovereign from the Sydney Mint, depicting the young head of Queen Victoria (1855).

Differences in size and weight

Many features are identical like the 22-carat alloy mix and front and back design. A full gold Sovereign coin is about the size of a one pence piece and weighs 7.98g, while the half Sovereign is closer to the old halfpenny size and weighs 3.99g. Both have a face value, qualifying them as legal tender in the UK, with the larger coin featuring a £1 value, and the half Sovereign 50p.

The half sovereign goes by that name since it is half the weight of a full sovereign, and has half the gold content. The face value of the half-sovereign is also half a pound. The Bank of England decided to discontinue the gold standard in 1931. Since then, the half-sovereign was minted as a bullion coin. However, it continued to be recognised as legal tender in the UK.

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Long history

The introduction of the half-sovereign into British coinage took place in 1544, during the time of King Henry VIII. In contrast, the original sovereign was released during the reign of King Henry VII’s in 1489. However, the circulation of both coins lasted only till 1604. The long hiatus of both sovereigns finally ended in 1817, when they were reintroduced, following the great British re-coinage of 1816. In the years that followed, the half-sovereign, remained in production, until 1926 in the UK. It is interesting to note that Australia continued to use this coin, till 1933. Production of the half-sovereign was restarted only in 1980, however, there were certain special issues for events like the coronation of Queen Elizabeth II.

Dimensions of the half-sovereign

When we speak about modern sovereigns, including the half sovereigns, we are referring to the issues beyond 1817. The dimensions of the modern half-sovereign include a diameter of 19.30 mm and a thickness of 0.99mm. The full sovereign, on the other hand, has a diameter of 22.05 mm and a thickness of 1.52 mm. The half-sovereign, weighing 3.99 g is around half that of the full sovereign, which weighs 7.98 g. The half-sovereign, therefore, contains 0.1176 troy ounces of 22-carat crown gold.

Difference between a Gold Sovereign and a Half Sovereign
This 1914 half-sovereign has the icon of St George and the Dragon, by Benedetto Pistrucci

Divisibility considerations

When building a gold portfolio, divisibility is an important factor. The half-sovereign is an invaluable addition to a gold portfolio since it offers the investor the opportunity to invest in a small portion of gold, around half that of the gold sovereign, which contains approximately a quarter ounce of gold. This makes the half-sovereign a more affordable coin and easier to sell when funding cash flows.


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Tax implications

Both the half-sovereign and the full sovereign are UK legal tender and qualify for CGT exemptions. Since both coins contain investment-grade gold, they can be purchased VAT free.

Talk to the gold experts at Physical Gold when buying sovereigns

Whether you’re in the market to buy half-sovereign, a full one or maybe even gold Britannia coins, you can benefit from great impartial advice when you call the investment team at Physical Gold. Our team can offer you advice based on solid research on the right coins and gold bars to invest in. Call us today on (020) 7060 9992 or get in touch online via our website.

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How Much are Gold Sovereign Coins Worth?

Value of Gold Sovereigns

The British gold Sovereign coin has been in existence for more than two centuries. The current version was initially issued by the Royal Mint in 1817, having gold content purity of 22 carats for a face value of 1 pound. At the time, the coin was in circulation. But, since 1932, the circulation of these coins has stopped. Now, the Royal Mint issues them as a bullion coin. The gold Sovereign coins available today carry the famous design of St George and the Dragon, created by the Italian designer, Benedetto Pistrucci on the reverse of the coin. The British gold Sovereign has maintained its status as one of the most famous coins in the world. Its liquidity is unparalleled and therefore, very attractive to investors.

How Much are Gold Sovereign Coins Worth
King George III Sovereign – one of the most valuable

How can we calculate the value of a Gold Sovereign?

This is a question frequently asked by many investors. The value of a Gold Sovereign depends on several variables. Firstly, the gold content value can be calculated by multiplying the current gold price by 7.32g. The age and condition of the coin will also impact the worth, with Victorian gold Sovereigns being valued higher than newer coins. Finally, a private collector may pay higher for a particular Sovereign than a jeweller for instance.

Perhaps the most valuable Sovereign is a George III sovereign. These were the ones first minted in 1817 post the great re-coinage of 1816. Few were produced, as the King was deceased by 1820. As a result, these coins were struck for only three years with limited mintage. Falling demand was yet another factor that contributed to the limited production of these coins and there were only 3500 produced by 1819. Of course, today, these coins are considered to be very rare, owing to their limited availability. Recently, one of the George III Sovereigns was sold for £ 186,000 at an auction.

How Much are Gold Sovereign Coins Worth
King George V Half-Sovereign

Scarcity and rarity

These are perhaps the key factors that raised the value of a British gold sovereign. The older Sovereigns go back over centuries and post the reign of King George III, Sovereigns are available from the reign of King George IV, who became the British monarch by 1820. Once again, his reign was short-lived and a new monarch – King William IV acceded to the throne in 1830 and passed away by 1837. As we can see, these frequent changes that took place in the monarchy created limited editions of the gold Sovereign through the reigns of these Kings, and these are hard to come by today, escalating their value as collectable coins

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The Sovereigns of Queen Victoria

By 1838, the Victorian ‘shield back’ Sovereign was in circulation and it gained popularity, resulting in the coin being struck regularly at the Royal Mint. During this era, improvements in the quality of the coins were put in place, ensuring that the Sovereigns were produced to a much higher standard. During the start of the Victorian era, the coins featured the young head of the Queen. These Sovereigns can be sold for £300 each, making them fairly valuable.

Proof coins can fetch higher prices

Ordinarily, anyone will tell you that proof coins have a higher quality of finish and are extremely well presented in a polished form. However, the gold content is the same, and therefore these coins may not fetch you higher prices. But the gold Sovereign bucks this trend. For example, there is a series of proof coins that were created in anticipation of the start of King Edward VIII. Upon his abdication, the coins were never released. They are considered to be very rare and one of these coins was sold for £516,000 at an auction in 2014. Some rare modern Sovereigns can also fetch high prices.

Call us today to find out more about the value of gold Sovereigns

Gold Sovereigns like gold bars can make an amazing addition to your gold portfolio. But it’s important to know which ones to invest in, and when. Call Physical Gold on (020) 7060 9992 and you could benefit from important advice regarding your gold coin investments. You can also reach out to our investment team through our website.

 

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What are Gold Sovereign Coins?

Sovereign coins

Sovereign coins are 22 carat UK gold coins issued by The Royal Mint since 1817. With a face value of £1, they were initially circulated but are now popular amongst investors and collectors. The coin is minted by the Royal Mint, as a bullion coin and some designs of the coin are released in limited numbers. This is one aspect of the gold Sovereign that elicits healthy interest from investors and numismatists alike. The gold Sovereign enjoys a reputation of being one of the most liquid coins in the world.

Investment in these coins is widely regarded as safe and secure, and can also be used as a strategy to create diversification within a traditional investment portfolio, creating a good balance of paper asset classes and physical assets like gold and silver. Due to the scarcity of certain issues of the gold sovereign, the coin may attract high premiums. Their value can rise with the price of gold and also with their scarcity and antiquity. The gold Sovereign provides investors with plenty of options since this iconic British coin has been around for more than 200 years.

What are Gold Sovereign Coins
A 1959 Queen Elizabeth II gold Sovereign

A coin that has seen the reigns of many monarchs

The earliest version of the gold Sovereign was issued in 1489 and is popularly known as the English Gold Sovereign. Today, this is extremely rare to find and it can fetch very high premiums due to its demand and scarcity. These coins were around until 1604. The weighed half a Troy ounce and was originally minted with 23-carat gold. During the reign of King Henry VIII, the gold content was reduced to 22 carats. Years later, during the Great Recoinage of 1816, the gold Sovereign was reintroduced in 1817, effectively replacing the original English Sovereign. By this time, the Coin Act had come into place and stringent technical specifications were introduced for the new Sovereigns, which are followed even today. The gold Sovereign was in circulation until 1932 and has since been released as a bullion coin.

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Where are the Sovereigns minted?

Between 1817 and 1917 – a period of hundred years, the gold Sovereign was minted in the UK. However, mintage was shared with other reputed mints across the British Empire after 1917. The new production of the Sovereign was distributed across Canada, Australia and South Africa. By 1957, colonial rule had ended across the world and the Sovereign was once again minted exclusively by the Royal Mint till 2013.

Since then, the Royal Mint has inked a deal with MMTC-PAMP, a company based in India to share mintage of the gold sovereigns. This move was undertaken primarily due to the high demand for gold products in Asia. Although the production has been partly outsourced, strict quality controls continue to be in place and the Sovereigns produced in India are identical to the ones minted in the Welsh-based Royal Mint. The only difference is that the ones produced overseas bear a special ‘I’ mark.

What are Gold Sovereign Coins
A rare half-sovereign of King Henry VIII

The tax efficiency of gold Sovereigns

Gold Sovereigns are manufactured using investment-grade gold. Therefore, they enjoy VAT free status in the UK. Since the coins are considered legal tender in the country, they are also free from capital gains tax. Any gains are tax-free.

Speak to the gold experts at Physical Gold, if you want to invest in gold Sovereigns

At Physical Gold, we have gold investment experts who can offer impartial advice on investments in gold coins, especially iconic ones like the gold Sovereign. Please call us today on (020) 7060 9992 or get in touch with us online by dropping us an email

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Gold Britannia vs Gold Sovereign coins

Gold Sovereigns versus Britannias

Building a strong gold portfolio can be a challenging task, requiring an investor to study the different gold coins available in the market. Two of the most popular British coins that have stood the test of time are undoubtedly the Gold Britannia and the Gold Sovereign. Either coin holds an important place in your portfolio, so it’s worth finding out the pros and cons of investing in these coins, based on certain key attributes.

Variety

Variety is the key consideration when choosing gold coins for your portfolio. Coins that have a wide range of issues, sizes and denominations are likely to enhance the value of your portfolio. The Sovereign is an obvious choice if variety is to be considered. The iconic British coin has been around for more than 200 years and several issues through the reigns of different monarchs are available in a wide variety of choices. There are plenty of sizes to choose from, including the half, double and quintuple Sovereign.


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If we take a close look at the reign of Queen Victoria, we can find sovereigns that feature the great Queen’s young and old portrait, and also the Jubilee head. Therefore, choosing sovereigns create great value, as well as balance for your portfolio. The Britannia has only ever featured Queen Elizabeth on its obverse, whereas the Sovereign has contained numerous monarchs.

Gold Britannia vs Gold Sovereign coins
The gold sovereign provides great variety for a portfolio

Value

Most investors find it lucrative to purchase coins that offer more quantity of gold for the price.

Gold Britannias provide a lower price per gram than Sovereigns due to being four times the size. Both fetch similar prices per gram when being sold and both are Capital Gains Tax-free due to their legal tender status. It’s also important to note that many issues of the Sovereign carry hefty premiums due to their historical value. However, the gold Britannia is available at far lower premiums, since it is a more recent coin. The Britannia is four times larger than the Sovereign, making it a more expensive coin. Lower stake investors could find its purchase to be way beyond their means, while the Sovereign provides easier access to the gold market for these investors.

Divisibility

The Sovereign’s smaller size offers more divisibility, PHYS01_Animated_Gif_2_MPUand their longer existence (200 years versus only 30 years for the Britannia), provides far more variety and choice. If we compare the Sovereign with the Britannia, it becomes increasingly evident that the coin is a winner when it comes to divisibility. The sovereign is easily available in different sizes and denominations, which gives investors the flexibility to cash in at various price points in the market by selling different sizes and denominations, as and when required.

Liquidity

Both the coins enjoy an extremely strong secondary market, making it easy to sell at any point in time. Liquidity is an important consideration when investing in gold coins. Investing in illiquid coins defeats the very purpose of your investment, as you may be unable to realise its value at a time when you need it most.

Choosing the right coin

Daniel Fisher, CEO of Physical Gold provides a guideline to choosing these coins in a fascinating video released by the company. According to him, the choices are guided by the portfolio size. For a smaller portfolio of around £2,000 – £5,000, Sovereigns are a better choice. However, if the portfolio size is in excess of £10,000, the Britannia should be included.

Call the experts at Physical Gold to make the right choice

Our investment experts can help answer all your questions about investing in gold coins, whether you want to buy the gold Britannia or the Sovereign. Call us today on 020) 7060 9992 or simply drop us an email. A member of our team will be in touch with you right away.

 

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Why Buy Gold Sovereign Coins?

Buying Gold Sovereigns

This is a common question we get asked all the time. “Why buy gold Sovereigns?” Do they really add value to your portfolio? How are they different from other popular gold coins like the Krugerrand or the Britannia? Well, it’s one of the oldest British coins and has been in circulation for more than two centuries. It was first issued in 1489 during the reign of King Henry VII. Its production was stopped in 1604 and then resumed once again in 1817.

Modern sovereigns have been minted across the reigns of several monarchs – Queen Victoria, Edward VII, George V, George VI and Queen Elizabeth II. On the reverse, the coin features an image of St George slaying a dragon, which is a design created by the famous Italian engraver, Benedetto Pistrucci. As such, it has an unbeatable reputation as one of the most famous British coins of all time.


FREE Download. 7 Crucial Considerations before you buy Gold Sovereigns. Click here to download.


Liquidity and divisibility

The gold Sovereign is very easily available and enjoys an extremely vibrant secondary market. Its availability is a direct result of its long years of production. So, you can easily find Sovereigns issued in many different years at different price points. Due to its popularity, it’s very easy to sell and this enhances the liquidity of your portfolio. In terms of divisibility, the Sovereign is a winner. There are many different sizes to choose from, including the half and quarter Sovereign, the full Sovereign, the double Sovereign (2-pound coin) and the quintuple Sovereign (5-pound coin). The quintuple Sovereign has the largest gold content found in any British coin. Due to its variety of sizes, you can distribute your gold investments, enabling you to take advantage of different price points in the market, when selling.

Why Buy Gold Sovereign Coins?
This half Sovereign from the reign of King George V was minted in 1914 in Sydney

Old and new

Old Sovereigns are small in size and therefore affordable. Having been produced for over 200 years, they’re very easy to sell and can make a good investment if the gold price goes up. Their value generally increases with age and any profit made on their sale is completely tax-exempt in the UK. Older Sovereigns can, therefore, attract a premium due to the numismatic value. This means that its market price far outweighs the value of its gold content.

PHYS01_Animated_Gif_2_MPU

Newer Sovereigns, on the other hand, may not attract a rarity premium but can make a sound investment, due to their ability to lock in value. All sovereigns produced post-1817 are minted using 22-carat gold. This means that the coin has 11 parts crown gold and one part copper, which make up all 12 parts of the coin.

Comparison with other famous coins

The gold Britannia is a larger coin and it weighs one Troy ounce. This makes it affordable for investors with modest means. However, the Sovereign allows access to the gold market for these investors. In terms of choice, the Sovereign is a better option due to its variety of monarchs and years of issue.

Owning several different Sovereigns adds balance to your portfolio. In terms of tax efficiency, both the Britannia and the Sovereign benefit from their status as UK legal tender. Capital gains tax is exempt on both. However, the same tax advantage isn’t shared by other famous gold coins like the Krugerrand, since these coins are not legal tender in the country.

Our investment experts can help you buy the right gold Sovereigns

Call the investment team at Physical Gold on (020) 7060 9992. Our team is always available to work with you to identify the right sovereigns that can help you attain your investment goals. You can also get in touch with us online with any queries regarding gold Sovereigns.

 

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How to Sell Gold Sovereign Coins

Gold Sovereigns have been in circulation for over two centuries, making it one of the most popular iconic British coins with a large secondary market. The Royal Mint struck these coins, using 22-carat gold from the year 1817. They have now been put out of circulation and are available as a bullion investment coin. The iconic design of St George and the Dragon, created by Benedetto Pistrucci make these coins unmistakable and they are in great demand from numismatists and investors alike.

Gold sovereigns can carry hefty premiums depending on the monarch and the year. For example, the Young Head Victoria can fetch prices of around £300. There are even rarer ones like a proof set created for Edward VIII. A single coin from this set can command a price of £516,000. So, investors need to know how to sell these coins in order to maximise their profits.

How to Sell Gold Sovereign Coins
Selling a gold Sovereign can be very lucrative

Identifying a reputed online dealer

Since the Sovereign carries a numismatic value as well, as its value in gold, it’s best to sell your Sovereign gold coins to a reputable gold dealer. This will ensure you receive a fair price that reflects the gold content and the numismatic value of the coin. Members of the British Numismatic Trade Association (BNTA) are trustworthy. Going through a reputed dealer can get you access to a wider secondary market, increasing the chances of a quick sale at a good price. Preparing to sell is a key factor. If you want the best possible price, let the dealer know in advance that you want to sell your Sovereign coins. It’s important to let your dealer know about the complete details of all the coins you want to sell. You must decide on a timeline for the sale. This will help your dealer identify the right buyer and bring the coins into the market at a time when the best price can be achieved. Don’t be in a hurry to sell, unless you need the funds for an emergency. A distress sale is always likely to get you a far lower price.


Click here to download the FREE 10 Commandments when selling gold coins


Attempting a private sale

Some investors believe that they can get a far better price by arranging a private sale. But, be aware that it may not be possible for you to check the backgrounds of the buyers. It could be risky to have them visit your home. As an individual investor, it is unlikely that you will have a large network of interested buyers. So, you will be forced to depend upon only a few interested buyers who may have responded to your ad. Of course, it may also take a lot of time and effort to post your ads and reach out to the right audiences. A dealer would be far more adept at reaching out to interested parties.

Research your dealer well

You aren’t forced to sell through one dealer only. If you identify two or three reputed dealers, feel free to engage all of them. Doing your research means connecting with other investors and buyers in the marketplace. Find out all about a dealer’s reputation and background by speaking to other investors and viewing their ratings online.

Contact Physical Gold for the best way to sell your gold Sovereign

An effective way to properly market your gold Sovereign is to simply speak with our investment team. Physical Gold Limited is registered with the BNTA and have a long track record in providing exemplary service. Getting in touch with our team is easy. Simply call (020) 7060 9992 or visit our website to reach out to us.

 

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Which Gold Sovereign Coin is the Most Valuable?

The Gold Sovereign – a flagship British coin

The UK gold sovereign is a historic British coin that has been in circulation for more than two centuries but which gold Sovereign coin is the most valuable? They have been issued by the Royal Mint since 1817, as 22 carat gold coins having a face value of one pound. Initially, it was well-known as a circulating coin. The gold Sovereign was withdrawn from circulation in 1932.

However, the Royal Mint has continued to issue these coins as bullion coins. which is attractive to collectors and gold investors. The modern-day Sovereign carries a design of St George and the Dragon on the reverse of the coin. This design was created by the famous Italian Engraver, Benedetto Pistrucci and his initials appear on the coin.

The Sovereign is now one of the most sought-after British coins. It is attractive to both investors and numismatists as an investment and a collectable coin.

A long and prestigious history

Due to its long history, the gold Sovereign has been around for more than two centuries. During this time, the coin has seen the reigns of several British monarchs. Having been minted for over 200 years, the gold Sovereign is easily available to investors. However, the value of a gold Sovereign is often decided by its gold content, the age and the condition of the coin. Newer gold sovereigns do not carry hefty premiums.

The Sovereigns of George III

When the Sovereigns were initially minted in 1817, the gold Sovereign was reintroduced into British coinage, after a long hiatus since 1603. When the Sovereigns were initially minted in 1817, PHYS01_Animated_Gif_2_MPUGeorge III was the reigning monarch. Therefore, the coins were produced with an image of his head on the obverse. However, the King died in 1820. So, George III Sovereigns were struck for the duration of only three years.

Which Gold Sovereign Coin is the Most Valuable?
Sovereigns from the reign of King George III are very rare

There were other factors that led to limited mintage produced during these years. The coin failed to win popularity at the time and there was a lack of demand. By 1819, only a little more than 3500 were being produced. There was talk of gold being discontinued as a metal used for coinage. This was another factor that contributed to the low numbers being manufactured.

The reigns of many monarchs

The British gold Sovereign has witnessed the rule of several monarchs. George IV acceded to the throne in 1820 and now the Sovereigns were produced with his image. William IV became King in 1830 and once again, a new Sovereign was introduced. However, his reign was short-lived and ended in 1837 with his death. It was now the start of the Victorian era and by 1838, the ‘shield back’ Sovereign was being minted regularly at the Royal Mint.

Gold Sovereign coin value
A 1914 half Sovereign from the reign of King George V

Victorian era Sovereigns

On the other hand, Victorian gold Sovereigns can fetch a much higher value due to their increasing scarcity. It was during the reign of Queen Victoria that the Sovereign gained worldwide popularity. The reign of Queen Victoria witnessed issues of three gold Sovereigns – the Young Head, the Jubilee Head and Old Head.

From 1842, a massive re-coinage operation was undertaken that lasted three years. New quality control measures ensured that the coin was produced to a high standard and distributed across the world. Of course, these coins featured an image of the young head of Queen Victoria. Of the commonly traded and readily available bullion Gold Sovereigns, the Young Head Victoria tends to be the most valuable with prices around £300 each.

Gold Sovereigns or Krugerrands
A beautiful Young Head Sovereign from the reign of Queen Victoria

The price of a Sovereign can also vary according to demand and the type of investors. For example, a private buyer may often pay a higher price for a gold Sovereign that was issued in a particular year.

The most valuable commonly-traded Sovereigns

Of the commonly traded and readily available bullion Gold Sovereigns, the Young Head Victoria tends to be the most valuable with prices around £300 each. Proof and rarer modern Sovereigns can also fetch higher prices like the Elizabeth II third head which trades around £400.

By 1890, all gold coins prior to the Victorian era were recalled by the government and the demonetisation came into effect in 1891. This is another reason why early Sovereigns are scarce today.

Which Gold Sovereign coin is the most valuable?

Let’s take a look at gold Sovereigns that have fetched record prices. George III Sovereigns have proved to be the most valuable due to their scarcity, with one fetching £186,000 at auction.

The sovereign was discontinued during the start of the First World War in 1914. In 1937, a proof set of Sovereigns were created for the reign of Edward VIII. They were never released as the King abdicated in 1938. These are considered to be very rare and one of them fetched £516,000 at an auction in 2014, this was subsequently sold to a collector for 1,000,000 pounds in 2020.

Needless to say, the gold sovereign remains one of the most collectable coins in the world today and brings joy to generations of investors and collectors alike.

Call our team of experts to know more about valuable British gold coins

At Physical Gold, we specialise in the best gold bullion coins, such as gold Sovereigns and gold Britannias. Whether you’re a collector or an investor building a gold portfolio, we’d be happy to hear from you. Get in touch with us by visiting our website at www.physicalgold.com

 

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6 Hacks To Buying The Best Value Sovereign Coins Video

Best Value Sovereign Coins

In this video, we’ll be taking a look at the Royal Mint’s flagship gold coin The Sovereign. For keen investors, I’ll reveal 6 smart ways that you can buy Sovereign coins for the best value.

The modern Sovereign has been around for more than 200 years so there’s plenty of secondary liquidity and choice when it comes to buying. Exploiting these proven methods will help you build the best value Gold Sovereign portfolio.

1. Buy the current year of issue

With older Sovereign coins fetching a premium for their age, rarity and desirability, it makes sense to focus on the most recent Sovereign year of issuance which commands a lower premium. Avoid buying them in the last month or so of the year when premiums can rise as supplies dwindle in preparation for the next year’s issue.

Buying the current Sovereign coin is a low price option as the coins are plentiful and most dealers will have them in stock so you’re able to shop around for the best prices. With wide availability, an extensive volume discount is offered by dealers on the latest Sovereign. So if you’re looking to buy a fair amount of Sovereigns, then you’re rewarded handsomely with progressive price reductions.

2. Buy big coins!

The full Sovereign is a relatively small coin, weighing around a quarter of an ounce. PHYS01_Animated_Gif_2_MPUOne way of achieving improved value is to opt for the quintuple Sovereign, or £5 gold coin as it’s also known. Make sure the dealer isn’t charging a commemorative issue premium for these coins and you could bag a bargain. With its huge size, the £5 gold coin benefits from a lower production cost per coin.

3. Nearly new pre-owned coins

Sometimes offering even lower prices than brand new coins, are nearly-new Sovereigns. Perhaps gold dealers have bought Sovereigns back from customers which are between 3 and 10 years old. They’re too recent to command a historical value yet, but may be offered at a discount to clear stock. We actually call this product ‘Best Value Sovereign’ in our online store. If you don’t mind us choosing the year and monarch, then you can end up getting a lot of gold for your money.

4. Buy when the market is quiet

Just like any other market, sales are on when demand is low. Premiums on Sovereigns can reduce when interest in gold is low. So if you have patience, waiting to buy your Sovereigns during a quiet patch gives you a little more negotiation than when demand outstrips supply.

5. Speak to a dealer

Again, patience is key for this one. If you’re willing to wait, then you could achieve a 1-2% discount off website prices. Let your gold dealer know which coins you’re after and they may be able to pair you with a seller. When a dealer’s customer wants to sell their Sovereigns, they can then call you to snap them up. This prevents selling back into the wholesale market and the saving can be passed onto you!


Read our the common questions about Sovereign coins and our expert answers


6. Buy when a particular Sovereign coin’s premium falls

With such a variety of Sovereign coins available, it’s no surprise that premiums vary considerably between new ones and Victoria Young Headshield back coins. Best value doesn’t necessarily mean the lowest price.

Again, you may wish to build a relationship with a good gold dealer. Letting them know that you’re after a particular monarch and quantity of coins means they can call you when premiums fall.

So an older Sovereign coin which usually trades at a higher premium may have a brief period of higher supply which lowers its market premium. Their premium returns to usual levels once the supply is mopped up, so buying in the dip can reap great value.

Similarly, you may take a view that there’s a good chance that premiums of a particular Sovereign issue will rise in the future. For example, buying on a jubilee year may offer value at the time as it may become collectable in future years.

10 commandments when selling gold coins

Buy great value Sovereigns from Physical Gold

So there you have it, 6 amazing hacks to obtaining the best value Sovereigns available.

If you found this video useful, please take a look at our full suite of 20 video guides covering all aspects of gold and silver investment.. If you’re looking to buy great value Sovereigns, then check out our online Sovereign store at https://www.physicalgold.com/gold-sovereign-coins/

If you need guidance on which coins or bars to buy, how to store, or how to buy online, then don’t hesitate to call our team on 020 7060 9992.

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Gold Britannias or Gold Sovereigns – Which is the Best Investment?

Britannias versus Sovereigns

This article focuses on the two main UK investment coins – Gold Britannias and Gold Sovereigns.

For UK investors especially, these two coins are the go-to choice when putting together a gold portfolio.

But which ones are better? The Britannia or Sovereign? I’ll look at 5 factors to compare the two coins.

1. Price

Let’s start at the most obvious place, with the price. The Britannia is around four times bigger than the Sovereign, weighing 1 troy ounce. That means, its price is far higher, so for those with very modest means, the smaller Sovereign coin provides access to the market where perhaps the Britannia is out of reach.

For most investors though, a larger allocation to gold is granted, so the price per gram between the two coins can be compared. With its larger size, Britannia’s production cost is lower as a percentage of the price, allowing for a lower price per gram. So if you’re looking for the most gold coin weight for your money, then gold Britannias are the better choice.

Winner: Britannia

 

2. Variety

While there is the occasional special edition gold Britannia launches, usually, there is one type of coin to choose from – the standard 1oz bullion coin. Fractional versions also exist, allowing the investor to buy half, quarter and tenth ounce version, but these can be expensive for the privilege.

As Britannias have only been around since 1987, PHYS01_Animated_Gif_2_MPUno coins really have historical or numismatic value. Yes, coin designs are updated every few years, but the variety with gold Britannias is very limited.

In contrast, the modern gold Sovereign has been around for 200 years. Like the gold Britannia, there is also various size option including Half Sovereigns, Double and even Quintuple Sovereigns!

But it’s the variety in age and monarch which really creates investment options. Sovereign coins can be bought with the current Queen on the front, but also there is a strong market in gold Sovereigns featuring King George, King Edward and Queen Victoria. The latter coins even vary between 3 different types of design, the Young head, jubilee head and old head versions and can be worth substantially more than newer Sovereigns.

Owning a variety of Sovereigns adds balance to an investment portfolio. It varies your upside potential between just owning bullion coins and perhaps also benefiting from numismatic gains.

I’m a strong believer in mixing the coins your own rather than owning all of one type, as it creates other profit opportunities.

Winner: Sovereign

 3. Divisibility

One of the most overlooked aspects of buying physical gold is obtaining divisibility within your portfolio.

This is one of the main reasons investors opt for gold coins rather than bars, it gives them the flexibility to sell small parts of their holding when they need.

Clearly, gold Sovereigns offer four times the divisibility of the standard 1oz Britannia. Yes, you can buy quarter and half ounce gold Britannias, but they’re a less economic method of obtaining flexibility than owning Sovereigns and Half Sovereigns.

So if you’re putting together a modest portfolio of coins – say £2-£5k – then we’d always recommend gold Sovereigns so that you can own a variety of coins and keep flexible.

However, for those looking to invest larger amounts, say £10k+, then you could still buy enough gold Britannias to achieve a great degree of divisibility.

Winner: Sovereign, unless you’re investing £10k+

 

4. Tax Efficiency

This one’s simple. Both the Sovereign and Britannia are VAT exempt when buying them as they qualify as investment grade gold.

In a similar way, any profits made on either coin are also free from Capital Gains Tax. That’s because both coins feature a face value and so qualify as legal tender in the UK. Selling any legal tender currency is free from Capital Gains tax.

Winner:               Tie

5. Liquidity

The second-hand market in any asset class is 10 commandmentscrucial when considering its merits as an investment. You can buy the best asset for capital gains in the world at a great price, but if no-one wants it when you come to sell, it fails as an investment.

Luckily, both the Sovereign and Britannia are highly sought and liquid coins globally. In the UK both coins are popular due to their tax free status. They can be sold in a matter of hours.

Globally, the Sovereign is better known as it’s been around for a lot longer than the Britannia. But the playing field is quickly changing. Since 2013, the Britannia has been minted as a 24 carat coin. While this doesn’t make any difference to gold content, it opens up the lucrative Asian market. In a land where only 24 carat appeals, the growing Chinese market love the Britannia but are more tentative towards the 22 carat Sovereign.

However, liquidity when buying is switched. While the latest year’s issue of either coin is plentiful and easy to obtain, buying pre-owned coins is a different matter.

If you wish to buy second-hand Britannias, they’re not always easy to buy when you want them. That’s because they’ve only been around for 30-odd years so there are less on the market.

In contrast, with the Sovereign’s long trading history, you’re able to obtain most types of gold Sovereign from any age, more or less when you want.

Winner: Sovereigns….just

Conclusion – gold Britannias or Sovereigns?

So there you have it, we’ve looked at 5 of the most important considerations when choosing gold coins for investment.

Ideally, owning a mixture of both, and in a range of ages and sizes, produces the most balanced portfolio. But that’s not always attainable for everyone’s financial means.

For the smaller investor, Sovereigns is the best starting point. For those seeking simplicity and the lowest purchase price, Britannias are the choice.

Either way, you won’t go wrong when investing in gold Britannias or gold Sovereigns. Silver Britannia coins are also available.

Contact a gold investment expert when buying Britannias and Sovereigns

Don’t forget that our team are here if you need any guidance on buying gold coins. Our Directors Pick is a popular choice if you want to own a gold portfolio of mixed UK coins but prefer our expertise to pick a balanced choice. You can leave a message on our Contact Us page, call our team on 020 7060 9992, or engage in the live chat function on the website.

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King George V Half Sovereign – A Historic Coin with a Bright Future

First struck back in 1910, this vintage coin has grown in value and gained a following in the century since it was originally produced. Here is a look at the heritage and pedigree the King George V half sovereign represents, and the bright future it’s set to enjoy.

King George V Half Sovereign
King George V half sovereign obverse and reverse

History of the King George V Half Sovereign

When King George V came to the throne in 1910, Britain was a global superpower, unknowingly sitting on a precipice of events that would eventually lead to the start of the First World War just a few years later.

This, in part, is the reason that the King George V half sovereign holds so much significance. It was quite literally the poster boy for the war efforts once the fighting had begun, forming an important part of the campaign to get people to invest in a war loan to bolster the finances of the nation as a whole. It was also used, along with the larger gold sovereign, to pay the countries war debts to the US.

King George V Half Sovereign
Wartime poster encouraging gold sovereign investment

The strong historical associations that the coin enjoys today have much to do with the way that gold coinage was changing in Britain when it was initially produced.


How to get the best possible price for your gold coins. Download our FREE 10 step guide here


The country was leading the world in terms of minting gold coins, so much so that economists and politicians alike were concerned about having such a large proportion of the gold in the country proliferated in this way.

Global reach

The sovereign was envisaged as becoming a gold coin with global reach, reinforcing Britain’s power and consolidating its influence worldwide. However, this half-sovereign would be the last of its kind to enter general circulation, as the switch to banknotes began and fewer precious metals were used for coinage.

The final King George V half sovereign was struck in 1924, but its popularity during its time in production was enough to secure its lasting impact and collectability.

King George V Half Sovereign Design

This coin features Bertram Mackennal’s Insider's Guide to gold and silverportrait of the monarch himself on the obverse and Pistrucci’s iconic depiction of St. George defeating the cowering dragon on the reverse. As such the King George V half sovereign is very much in keeping with the classic design format adopted for coinage of this kind ever since their inception.

Future of the King George V Half Sovereign

As with many half sovereign coins, this King George V example is available in various quantities. Whether you are a collector looking for a single coin, or an investor who is interested in how it will appreciate over the years, there are options for you.

Enhanced profit potential

At the moment its value is equivalent to that of similarly aged half sovereigns, including the Queen Victoria half sovereign and the King Edward VII half sovereign. However, it is arguably a coin that has the opportunity to increase in value more consistently than its contemporaries.

The future appreciation of the King George V half sovereign will have a lot to do with how its historic significance is perceived in years to come. Its associations with the First World War, the golden age of British coinage and the eventual end of the general circulation of gold coins leave it in a great position to build a stronger reputation.

Collectable gold coins of this era have even been found squirrelled away for safekeeping in some unusual hiding places. This makes it a good idea to carefully plan where to store your investment.

Speak to us for gold coin investment guidance

If you are considering investing in gold coins which are valuable for their historic importance as well as their precious metal content, speak to Physical Gold’s expert advisors today. You can call us on 020 7060 9992 or use the contact form on our site to get an email response.

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King George V Sovereign – A Complete Guide

King George V sovereigns are highly valued amongst numismatics due to being the last gold sovereign in actual circulation before the end of the Gold Standard in Britain. Over the years gold sovereigns have become a standout investment for collectors as they not only represent a significant part of British History but are also considered legal tender in the UK. This means they are Capital Gains Tax exempt.


You may know your stuff with George Sovereigns, but our Insiders Guide covers gold investment as a whole. Download Now


Why do King George V Sovereigns make a good investment?

Gold sovereigns are one of the finest examples of British craftmanship, PHYS01_Animated_Gif_2_MPUa symbol of a time when the British Empire was still considered great. George V was one of the country’s most popular monarchs and reigned during a time of great change, not just in Britain but throughout the world. His time on the throne saw the rise of new political movements such as socialism, communism and fascism, however, the advent of World War I in 1914 would have the biggest impact on his reign.

Up until the first world war, gold sovereigns were still a major part of everyday life. Just days after the start of the war in August 1914, however, people were urged to donate their gold coins. Sovereigns continued to be mined overseas but this period marked the end of an era for what had been one of the most important coins in British History. After the gold standard was abolished, there was less of a need for gold sovereigns and so the number of coins being minted started to go into decline.

Gold Britannias or Gold Sovereigns – which is the best investment? – a Physical Gold Video

It was under George V that the final two branch mints would be opened, one in India and one in South Africa. George V Sovereigns are the only coins to have been produced in six branches of the Royal Mint.

Gold sovereigns are considered semi numismatics. This means collectors buy them for both their bullion content as well as their numismatic (rarity/historical value) Due to the coins everlasting popularity with collectors from all over the globe, gold sovereigns are relatively liquid which means they are easily exchangeable for cash.

King George V Sovereign
1914 George V Sovereign

The 1917 George V Sovereign

The 1917 George V gold sovereign is considered incredibly rare and is highly sought after by many coin collectors. This is due to many of them being melted down after World War I in a bid to help pay off Britain’s war debts to America.

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The Ottawa Mint

The branch mint in Ottawa ceased all production of gold sovereigns during George V reign. Gold sovereigns produced at the mint up until 1919, when it closed for good, are considered exceptionally rare and valuable due to the mint producing far fewer sovereigns than other mintages. 1916 sovereigns, in particular, are highly sought after, as only 6119 of them were produced in that year.

Shop George V Gold Sovereigns

Design

George V gold sovereigns were produced in 91.67% fine gold (22 carats). The design of the coin was changed in 1929 to incorporate an inner circle and beading around the outside edge. This extra level of security made it much harder for forgers of the time to replicate the coin which is why the sovereign is still held in such high regard by collectors and investors.

Purchase George V Sovereigns through Physical Gold

Physical Gold offers a wide selection of gold sovereigns spanning over the last two centuries including those minted during the reign of George V. To browse our full selection of gold sovereigns please click here. For more information please give us a call on 020 7060 9992.

Image Sources: Wikipedia