A sovereign gold coin is a gold coin that is issued by a government, typically representing a specific weight and purity of gold. Historically, the British sovereign, which weighs 7.32 grams and contains approximately 22 carats of gold, is one of the most recognized examples. These coins are often used as a form of currency or as a means of investment, valued for their gold content and historical significance. In modern contexts, sovereign gold coins may also refer to similar coins issued by various countries.
No, a British 'sovereign' coin does not always mean it is made of gold. Traditionally, the sovereign coin is a gold coin that was first minted in 1489, weighing approximately 7.98 grams of pure gold. However, there are modern versions of sovereigns that may be produced in other metals for collectors, but the classic sovereign is specifically a gold coin.
No. The British gold Guinea coin was a coin with a value of 21 Shillings and was 24mm in diameter. The Guinea was last issued in 1813 and was effectively replaced by the Sovereign. The British 22 carat gold Sovereign coin is a coin with a face value of One Pound (or 20 Shillings) and is 22.05mm in diameter. The modern Sovereign was first issued in 1817.
A "British Sovereign" is the reigning King or Queen of the United Kingdom or, it is a 22 carat gold coin with a face value of One Pound.
A gold sovereign
Your coin is either a Sovereign (22.05mm) or a Half-Sovereign (19.3mm). All Sovereigns and Half-Sovereign coins are made from 22 carat gold.
The current market value of a gold sovereign coin varies depending on factors such as its condition, rarity, and the current price of gold. As of current date, a typical gold sovereign coin may be valued at around current market value.
The current value of gold sovereign coins varies depending on factors such as the coin's condition, rarity, and the current market price of gold. As of current date, a typical gold sovereign coin may be worth around current value in the market.
Michael A. Marsh has written: 'Gold Sovereign' -- subject(s): Gold coins, Sovereign (Coin)
Any collector value would depend on the year and condition of the coin. At the very least, it will be worth whatever the current price of gold might be. A mint condition Sovereign contains 7.322381 grams of gold. Currently gold is at about $1,790 USD per ounce. That makes the gold content of a Sovereign coin worth about $79 USD.
It will be either a British Sovereign or Half-Sovereign.
A British Half-Sovereign has a face value of 50 Pence. They are made from 22 carat gold and, since 1980 have been issued as a collector or investment coin issued as either or Proof or bullion coin, or both, their actual value, depending on the year, is more likely to be anything from £140 to £200 GBP. See the link below for a currency conversion.
You fail to specify what type of coin you refer to. The only gold British coin minted in 1958 was the Sovereign.