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A British 1916 22 carat gold Sovereign (George V) was potentially minted in any one of a number of places, including -

The Royal Mint London - no mintmark

The Ottawa Mint (Canada) - mintmark = C to the right of the date.

The Melbourne Mint (Australia) - mintmark = M to the right of the date.

The Perth Mint (Australia) - mintmark = P to the right of the date.

The Sydney Mint (Australia) - mintmark = S to the right of the date.

A mintmark of "Y" is not one of the possibilities.

Uncirculated and in absolute mint condition, the London and Australian minted coins could fetch anything from £185 to £220 GBP. If it has been circulated but still in good condition, it might fetch bullion value.

The Ottawa minted coin could fetch an extremely high value, but have been the subject of many recent forgeries.

The values quoted are the best possible for the best specimens in their grades, but may be significantly lower due to varying demand for the coin and the prevailing economic climate. A reputable coin dealer will be able to give a more accurate valuation based on inspection of the coin.

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