A Low Premium, Small Gold Coin Recognized Around the World
The modern British Sovereign was first minted under the reign of King George III in 1816. With the ascent of the British Empire during the Victorian Era, the British Sovereign became a standard trade coin in all parts of the World. In its heyday, the sovereign was minted on five different continents (Europe, North America, Africa, Asia, and Australia) at seven different mints (London, Ottawa, Pretoria, Bombay, Sydney, and Melbourne and Perth) to aid in its distribution. Even after the World’s governments abandoned the gold standard, many transactions in the Middle-East were reckoned in British Sovereigns.
These features make the British Sovereign particularly attractive to own. The Sovereign is recognized and tradable anywhere in the World. Aside from its bullion content, it is historic and eminently collectible. The Sovereign’s smaller size makes a smaller value unit that can be liquidated in practical spending units. Also, for its smaller size, it trades at a very reasonable premium.
If you are interested in purchasing British Sovereigns, please call one of our traders at 800-527-2375 for up to the minute pricing information. For price indications, refer to our Daily Quotes Price Page.
British Sovereign Specifications:
Size: 0.2354 Ounces
Denomination: One Sovereign (Equal to One British Pound)
Gross Weight: 7.98 grams, 0.2565 oz. Troy
Actual Gold Weight: 7.31 grams, 0.2354 oz. Troy
Fineness/Composition: .9167 Gold, 22 Karat
Diameter: 22.00 MM, 0.866 Inches
Thickness: 1.52 MM, .059 Inches
Specific Gravity: 17.63 (approx.)