2020 Full Gold Bullion Sovereign
Top quality gold bullion 2019 Sovereigns: available now.
The Story of the Gold Sovereign
The first Sovereigns were struck during the reign of Tudor king Henry VIII. Centuries later, a new gold coin bearing this name was introduced, following a major overhaul of British coinage. This Sovereign, first minted in 1817, established specifications that are still strictly followed today.
All Sovereigns weight exactly 7.98 grams and are composed of 22 carat gold. That's a gold weight of 7.32 grams or .2354 troy ounces. Sovereigns measure 22.05 millimetres in diameter and have a nominal face value of one pound sterling though their gold content means they command significantly higher prices.
Sovereigns once circulated across the globe, a symbol of the British Empire, trusted to contain a known quantity of gold. Regular production ceased with the First World War, only resuming in 1957. Today, Sovereigns are offered annually in a range of sets and finishes for collectors and investors.
Pistrucci's Saint George Design
For much of its history the modern Sovereign has featured an iconic reverse design, crafted by Italian artist Benedetto Pistrucci. His instantly-recognisable Saint George and the Dragon design shows England's patron saint mounted on a horse, slaying a dragon underfoot.
It's a powerful image that has become synonymous with the gold Sovereign. These coins don't carry their denomination on their face as part of their legend like most currency, so the Saint George motif is an easy identifier for many collectors. The coin's date appears below the dragon.
For the 2020 Sovereign, Pistrucci's historic reverse is paired with Jody Clark's portrait of Her Majesty the Queen. Introduced to British coinage in 2015, this fifth official effigy shows the artists initials below the traction of Elizabeth II's neck with the legend reading: 'ELIZABETH II ∙ DEI ∙ GRA ∙ REGINA ∙FID ∙ DEF'.
Investing in Gold Sovereigns
These 2020 Sovereigns are offered in The Royal Mint’s bullion finish. Intended for investors, these coins offer the same amount of precious metal as their proof counterparts with different designs and dates adding an element of collectibility.
For buyers, the benefit of gold Sovereigns, including the 2020 edition, is that they're exempt from Capital Gains Tax as UK legal tender and free from VAT as investment grade gold.
We have some other options if you're considering 2020 Sovereigns:
- Proof finish 2020 Sovereigns are also available and these boast a special royal cypher mint mark
- 2020 collectors sets are available include an excellent 2020 three-coin proof set
- Our best value bullion Sovereigns with mixed dates are a great option if you’re looking to diversify your portfolio with gold
We are always proud to show off our previous customers experiences with you and what they thought of our purchasing through with Britannia Coins.