British Gold Sovereign
Obverse
Reverse
Name: British Gold Sovereign
Weight: .2568 troy oz.
Fineness: .916
Diameter: 22mm
Thickness: 1.4mm
Gold Content: 0.2354 troy oz.
1£ British Gold Sovereign:
The British Gold Sovereign, particularly the 1 Pound denomination, is a coin steeped in history and prestige, symbolizing the might and expanse of the British Empire at its zenith. First issued in 1489 under King Henry VII, the modern version of the Gold Sovereign was reintroduced in 1817 as part of the Great Recoinage after the Napoleonic Wars. Over the centuries, the Sovereign has become a cornerstone of British numismatic history, cherished by collectors and traders worldwide.
The design of the British Gold Sovereign is a showcase of Britain's royal heritage and artistic prowess. The obverse typically features the reigning monarch's portrait, reflecting the changing faces of the British monarchy over time. The most iconic reverse design is the Saint George and the Dragon, a work of art by Benedetto Pistrucci, first introduced in 1817. This classic design symbolizes courage and strength, key virtues of the British ethos.
Key features of the 1 Pound British Gold Sovereign include:
Purity and Composition: The Sovereign is minted in 22-karat gold, also known as crown gold, comprising 91.67% gold and 8.33% copper. This alloy ensures durability while maintaining a high gold content. Each coin contains 0.2354 troy ounces of gold.
Historic and Iconic Design: The Sovereign's design is not just artistic but also historic. The image of Saint George slaying the dragon on the reverse is emblematic of British culture and history. The obverse has been graced by every British monarch since 1817, providing a tangible connection to the country's royal lineage.
Denominations and Variants: While the 1 Pound Sovereign is the standard, there are also half Sovereigns, double Sovereigns (2 Pounds), and quintuple Sovereigns (5 Pounds), offering a range of sizes and values for collectors and dealers.
Legal Tender Status: Although its bullion value far exceeds its nominal face value, the Sovereign is legal tender in the United Kingdom. This status adds an extra layer of security and recognition to the coin.
Collectability: The Gold Sovereign is highly sought after by both dealers and collectors. Its historical significance, enduring design, and gold content make it highly liquid and a prized collectible. The British Gold Sovereign, especially the 1 Pound denomination, is more than just a coin; it's a symbol of Britain's enduring legacy, a piece of art, and a cherished bullion product, all encapsulated in a small disc of gold. Its long history and global recognition make it a timeless piece of numismatic art and a solid choice for gold collectors.