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1962 Full Gold Bullion Sovereign

1962 Full Gold Bullion Sovereign Reverse
(VAT Exempt)
Released in 1962, this gold bullion Sovereign is the first Sovereign issue of the 1960s. The previous Sovereign was minted in 1959. Personally selected by our team and graded at aEF (about Extremely Fine) or above. Coins graded at Extremely Fine or above have few signs of wear. Bullion coins are also less costly than their Proof counterparts, making them more cost-effective. Ideal for marking a special occasion such as a wedding, birthday or anniversary. The Reverse hosts the classic 'St George and the dragon' design by Benedetto Pistrucci. The Obverse presents the 1st Portrait of HM The Queen, Elizabeth II, by Mary Gillick. The Sovereign is exempt from VAT and Capital Gains Tax and our price is inclusive of fully insured UK shipping. Subject to stock availability.
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Gold bullion Sovereigns are possibly the most famous of all gold coins, and a popular choice for both collectors and investors. The Sovereign is frequently known as 'The Chief Coin of the World' owing to the coin's international trading in the 1800s and 1900s. The modern gold Sovereign was first minted in Britain from 1817 until 1917, and then in 1925, 1957–59, 1962–68, 1974, 1976, 1978–82 and 2000 to the present day. Modern gold bullion Sovereign production was paused after 1982 up until the year 2000, although Proof versions were still issued. 

The Gold Sovereign has a five-century long association with national pride, prestige and exceptional minting quality. The first of the modern Sovereign coins carried the head of King George III and the 'St George and the Dragon' design by Benedetto Pistrucci, an Italian engraver who became Chief Medallist at The Royal Mint. Very similar to the Reverse of the 1962 Gold Sovereign Bullion coin. The 1962 Gold Sovereign Bullion coin hosts a portrait of Elizabeth II by Mary Gillick. HM Queen Elizabeth II is the current and longest reigning British monarch of all time. Born on 21st April 1926 to King George VI and Elizabeth Bowes-Lyon, Princess Elizabeth became Queen in 1952 and her Coronation was held on 2nd June 1953.

Buy a 1962 Gold Sovereign 

  • This pre-owned 1962 gold bullion Sovereign is struck in 22 carat gold, weighs 7.98g and contains 7.32g of fine gold. 
  • A mintage of 3 million bullion coins were produced at The Royal Mint for the year 1962. 
  • The gold Sovereign is considered to be one of the world's oldest coins still in production and a pinnacle of minting excellence. 
  • The perfect gift to mark a special occasion such as a birthday, anniversary or wedding.

The year 1962

The year 1962 was also characterised by a number of historic events; the US entered the 'space race to the moon' with the Soviet Union, Bob Dylan debuted his hit song 'Blowin' in the Wind' in New York, Marilyn Monroe was found dead in her home following a drug overdose, the first James Bond film 'Dr No' was released in cinemas, Nelson Mandela was arrested in South Africa and would later be sentenced to life imprisonment, the Cuba Missile Crisis had the world in suspense, ears pricked at the first sounds of The Beatles' 'Love Me Do', Anthony Burgess publishes his controversial book 'A Clockwork Orange', and Rowntree invented the 'After Eight' mint. 1962 was a remarkable year in history, now immortalised in coinage. 

1962 Gold Bullion Sovereign Coin

The Obverse (front, heads) presents Queen Elizabeth II's first portrait by Mary Gillick. The first Portrait of Elizabeth II was issued on British coinage in 1953, the year of Her Majesty's Coronation. The image hosts a youthful and uncrowned Queen. Gillick competed against 16 artists for the honour of designing the first Portrait of Elizabeth II. Her design stood out for its absence of a crown and The Queen's 'approachable' depiction. 

The Reverse (back, tails) of the 1962 gold bullion Sovereign hosts the signature 1817 'St George and the Dragon' design by Benedetto Pistrucci. In the 19th century, talented Italian engraver Pistrucci was instructed to develop designs for George III's silver and gold coins by William Wellesley-Pole, The Master of The Mint and the Waterloo Medal for the British Government, a commission which took the artist 30 years to create. 

The coin includes the inscription, 'DEI GRA REGINA FID DEF', which translates to 'By the Grace of God, Queen, Defender of the Faith'. The inscription refers to HM Queen Elizabeth II's position as Supreme Governor of the Church of England. Elizabeth II has held the role since her accession to the throne in 1952. 

No Proof version of the 1962 gold Sovereign was issued. This 1962 bullion coin may be supplied in an acrylic capsule. 

The Legend of St George and the Dragon

The ancient legend of 'St George and the dragon' dates back to the reign of William of Malmesbury, during the third century, where inspiration for the story was drawn from a Roman soldier who refused to give up his Christian faith. There are many fabled stories associated with St George, the majority of which honour him as a brave hero with English ideals and a symbol of Christianity. The most well-known tale sees St George as a heroic rescuer on horseback sent to rescue a young maiden or princess sacrificed to a dragon, which he slays to save her life. It is widely believed that the dragon was slain at Uffington's Dragon Hill, a Bronze-age site just 20 miles from our premises. Since 1222, St George has been celebrated on the 23rd April every year in England, the country of which the legend is the patron saint. This is despite St George being unlikely to have ever been deemed of English descent. Mythical St George is also the patron saint of Aragon, Catalonia, Georgia, Lithuania, Palestine, Portugal, Germany and Greece; and of Moscow, Istanbul, Genoa and Venice (second to Saint Mark). 

Frequently Asked Questions

Based on the current gold price, we will pay a minimum of £388.48 for a 1962 Sovereign. This is on the basis that it's in reasonably good condition and hasn't been mounted in jewellery.

This price fluctuates in-line with the live gold price and you may be reading an old snapshot of this page. Our up-to-date buy rate is shown when you click the 'Sell to Us' button, towards the top of this page.


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