The Gold Sovereign was originally issued in 1817 during the reign of King George III. Since then, it has been manufactured annually.
The weight of the 22-carat gold Gold Sovereign is 7.98 grams. It is 1.52mm in thickness and 22.05mm in diameter. Source
The British Gold Sovereign is classic bullion coin. It is popular coin among investors and stackers all over the world. The gold sovereign collection may gain value from the different commemoratives and special editions that have been released over the years in addition to the basic Sovereign.
A common selection for UK investors, the British Gold Sovereign is one of the few gold coins that are exempt from capital gains tax in the UK.
The Gold Sovereign has seen changes in appearance over time, but it has always had a picture of the current monarch on the obverse and a picture of St. George slaying the dragon on the reverse.
The Sovereign's obverse design often includes a picture of the current monarch, along with the monarch's name and title inscribed around the coin's edge. The design may change yearly, depending on the reigning monarch's image.
St. George, the patron saint of England, is depicted on the Sovereign's reverse side riding a horse and fighting a dragon. The phrase "GEORGIVS V DEI GRA: BRITT: OMN: REX FID: DEF: IND: IMP:," which means "George V by the Grace of God, King of all the Britains, Defender of the Faith, Emperor of India," is written around the design.
Over the years, a number of commemoratives and special editions with different designs or variations on the classic Sovereign design have been produced in addition to the original design. For instance, some special editions may include a different monarch or have a distinctive design to honor a particular occasion or anniversary, such as the one shown above left ☝️.
King Henry VII originally issued the Gold Sovereign in 1489 as a substantial gold coin worth 20 shillings.
During King George III's reign, the current Gold Sovereign was first launched in 1817. It was as a circulating coin in Britain and its colonies and had a face value of one pound sterling. The Sovereign's appearance has evolved over time, but it has always represented the strength of the British economy and monetary system.
The British government stopped producing Gold Sovereigns for circulation during World War I, but they were still made for foreign trade. The Gold Sovereign was no longer in circulation when the government ended the Gold Standard in 1971. It was still produced, nonetheless, as a bullion coin for investments.
The British Gold Sovereign also enjoys a special status in the UK as a coin that is accepted as legal currency. However, because of how much less its face value is than actual bullion worth, it is rarely utilized in regular transactions.
References
https://www.jmbullion.com/gold/gold-coins/british-gold-coins/british-gold-sovereigns/
https://www.apmex.com/category/16750/british-gold-sovereign-coins
https://en.wikipedia.org/wiki/Sovereign_(British_coin)
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Several different Obverse versions, from different mints, the reverse is always St. George, slaying the dragon @silversaver888 !😊
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These were all made from the Royal Mint. But they came for different mints in the territories and the commonwealth, I think.
I can believe it was issued internationally on the onset to show how wealthy the king was,
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These sovereigns are always nice to stack  @silversaver888!🤗
If I remember correctly they contain .2354 Oz of Gold!😇
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! help(no space) to get help on Hive. InfoEarly years gold coins stack under the mattress for trade, now collectors pieces hidden away in vaults.
Pity the West did not hold onto a gold backing perhaps money would have held more value.
Interesting information with the collection, perfectly presented to learn more.
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Thanks for the tip, sis!!!
I love looking at these coins, along with the others.
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Great to go through them seeing the design, knowing the history. Old king looked good, hope the new one fits in... !LOLZ
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Great knowledge about that.
We are learning together!
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I've always loved the fact that you can get usually get ones from the 1800s for the same price as more modern editions. Victorian era gold coins just seem more appropriate somehow :).
Yes, I love the older sovereigns, too. And you are right, some BU coins from the 1800s are priced just a little more, and some are priced the same as modern editions.
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You have beautifully presented the history of the British Gold Sovereign and this coin of the British era and the beautiful events of that time. Thank you for sharing.
I'm glad to share, @kawaragi .
There are many materials on these coins!
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I have heard that British fighter pilots used to have sovereigns sewn into their kit in case they got shot down — ‘cause when the shit goes down, you better be ready!
I heard the same thing! Even modern American pilot sew gold pieces onto their jackets.
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It is definitely a coin that is a must in any stacker's stack! Should times become harder and fiat no longer accepted, then this is coin to have.
Always beautiful and a classic for sure. Thanks for sharing sis! Love ya much!🤗😘💕🌸🍁 !LADY !LUV
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! help(no space) to get help on Hive. InfoThey are classic, sis! A slow build, that is for sure!
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Interesting with the UK tax, what about fine gold ? Here in Canada if it's not at least 995 purity the gold is taxable
22-karat or 90% gold, is considered fine gold. Different folks, different strokes! Here in the US, some parts collect sales tax others don't. It states that collect sales taxes on precious metals, some of which are determined by the total $ amount purchased.
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Don't get me wrong 90% is fairly pure but to call it fine is a stretch if you ask me but I guess its up to the regional laws as to what constitutes fine, either way I would not mind scoring one of these
Great post! Sovereigns are such cool coins, a staple for gold investors. I love your collection of them, absolutely beautiful!
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