British Sovereign
Tradition and prestige since 1817
The world's oldest gold coin in continuous production, symbol of the British Empire and international standard of trust.
Technical Specifications
History and Legacy
The Sovereign was introduced in 1817 during the reign of George III as part of the Great Recoinage.
The modern Sovereign was introduced in 1817 as part of the Great Recoinage ordered by the British government after the Napoleonic Wars. Its name comes from the medieval English 'sovereigns' minted during Henry VII's reign in 1489, reviving a centuries-old tradition of the British crown.
During the 19th century, the Sovereign became the world's most trusted gold coin, backing the British Empire's international trade. It was minted not only in London but also at colonial mints in Australia (Melbourne, Sydney, Perth), Canada (Ottawa), India (Bombay), and South Africa (Pretoria).
The classic reverse design was created by Italian engraver Benedetto Pistrucci in 1817, showing St. George slaying the dragon. This depiction has become one of the most iconic numismatic designs in history, remaining virtually unchanged for over 200 years.
The Sovereign ceased to circulate as currency in 1932 but continued to be minted for investors and collectors. Today it is recognized worldwide as one of the most prestigious gold coins, exempt from VAT in the European Union and CGT (Capital Gains Tax) in the United Kingdom.
Why Invest in the Sovereign?
Over 200 Years of History
The world's oldest gold coin in continuous production, backed by the British Royal Mint.
Tax-Free in UK and EU
Exempt from CGT in the United Kingdom and VAT in the European Union, significant tax advantages.
Global Recognition
One of the most recognized and trusted gold coins internationally, easy to sell anywhere.
Compact Size
Smaller than a troy ounce, ideal for fractional investments and discreet portability.
Low Premium over Spot
Competitive premiums thanks to mass production and sustained high demand.
Additional Numismatic Value
Vintage and special edition Sovereigns may have collectible value beyond gold value.
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Fascinating Facts
The world's oldest gold coin in continuous production (since 1817)
Pistrucci's St. George and the dragon design is considered a masterpiece of numismatic engraving
Minted on 5 continents during the British Empire with distinctive mint marks
It is legal tender in the United Kingdom with a face value of £1, though worth much more
Queen Victoria appears in three different portraits during her reign on Sovereigns
Exempt from VAT in the EU and CGT in UK, unique tax advantages among gold coins