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1976 Gold Full Sovereign Elizabeth II Bullion Coin

1976 Gold Full Sovereign Elizabeth II Bullion Coin Reverse

* These images show the type of coin you will receive, not the exact item

Buy a 1976 Sovereign

The 1976 Gold Sovereign marks an important milestone in the modern story of British coinage. It was the first bullion Sovereign struck at The Royal Mint's new site in Llantrisant, South Wales, following the end of gold coin production at Tower Hill, London. Minted in 22-carat gold and containing 7.31 grams of pure gold, this pre-owned coin features the classic combination of Benedetto Pistrucci's Saint George reverse and Arnold Machin's regal portrait of Queen Elizabeth II. Issued solely for bullion investors, this coin is part of a limited annual mintage and remains highly sought-after. As UK legal tender, the 1976 Sovereign is exempt from Capital Gains Tax and VAT-free as investment gold, making this coin a sensible choice for investors and Sovereign collectors alike.

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First Sovereign Struck In South Wales

The 1976 Sovereign was the first bullion Sovereign to be struck at The Royal Mint's new Llantrisant facility in South Wales, marking a major shift in the coin's production history.

Opened by Queen Elizabeth II in 1968, the Llantrisant site gradually replaced the long-standing Tower Hill mint in London. The final coin to be struck in London was a 1974 Sovereign, and with no 1975 Sovereigns issued, the 1976 issue became the first of its kind to be minted at the new site.

These coins were struck with a bullion finish, and our pre-owned examples may show signs of handling and minor scratches, typical of an investment coin that is now decades old.

Royal Portrait Of Elizabeth II

The obverse of the 1976 Sovereign shows the second official coinage portrait of Queen Elizabeth II, designed by Arnold Machin RA.

This effigy depicts the Queen facing right and wearing the Girls of Great Britain and Ireland tiara, capturing a poised and youthful appearance. The portrait was in use across UK coinage from 1968 to 1984.

Surrounding the portrait is an inscription which reads 'ELIZABETH ∙ II ∙ DEI ∙ GRATIA ∙ REGINA ∙ F: D:' which translates from the Latin as 'Elizabeth II, by the Grace of God, Queen, Defender of the Faith'.

Browse the range: Arnold Machin Portrait Gold Sovereigns

Pistrucci's Saint George Reverse

The reverse of the 1976 Sovereign carries a timeless design, depicting Saint George slaying a dragon, first created by Italian artist Benedetto Pistrucci in 1817.

This classically styled engraving shows England's Patron saint on horseback, sword raised, in a dramatic encounter with a coiled, winged dragon. The date (1976) is shown in exergue with the artist's initials - 'B.P.' - to the lower right.

This enduring design continues to define the Sovereign series and links modern bullion coins like the 1976 issue with centuries of Royal Mint tradition.

How Many Sovereigns Were Minted In 1976?

According to official records, The Royal Mint struck 4,150,000 bullion Sovereigns in 1976. These coins were produced exclusively for the international bullion market.

No proof Sovereigns or Half Sovereigns were issued in this year, and the release of official Sovereign sets would not begin until 1980.

While the 1976 Sovereign is not considered rare, this issue's high mintage ensures affordability, making it a practical choice for stacking physical gold.

Collecting 1976 Gold Sovereigns

With its accessible price point, classic design, and historic status as the first Sovereign from The Royal Mint's new home in Llantrisant, the 1976 gold Sovereign stands out among modern bullion issues.

While these bullion coins were issued with investors in mind, they represent an important moment in British coinage history, which makes them appealing to collectors keen to acquire important modern Sovereigns.

Offering strong liquidity and a relatively low premium over spot, the 1976 Sovereign continues to serve as a cornerstone investment in gold portfolios.

Frequently Asked Questions

The value of a 1976 Sovereign depends largely on the live gold spot price, as each coin contains 7.31 grams of fine gold. Most examples trade for close to their intrinsic gold value, with reputable dealers adding only a small premium since these bullion coins are fairly common.

The Royal Mint struck 4,150,000 bullion Sovereigns in 1976. These were issued exclusively for investment purposes and not for circulation. No proof versions or companion denominations (such as Half or Double Sovereigns) were released that year.