2023 King Charles III Gold Bullion Full Sovereign Coronation
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What Are Bullion Sovereigns?
The first Sovereigns were struck in the fifteenth century during the reign of the Tudor king Henry VII. This prestigious name was later reclaimed for a new gold coin, issued in the aftermath of the Napoleonic Wars.
The new Sovereigns of 1817 established a specification still followed today, more than 200 years later. These gold coins are composed of 7.98 grams of 22 carat (916.7 fine) gold and have a diameter of 22.05 millimetres.
The Royal Mint began to strike new Sovereigns in the 1950s, restarting a tradition of annual issues that has continued to the present day. These gold Sovereigns are favoured by investors because they are both Capital Gains Tax and VAT exempt.
Martin Jennings' Portrait Of King Charles
Coins in the 2023 Sovereign family are some of the first to feature the new definitive coin portrait of King Charles III. This is the work of British sculptor Martin Jennings and was chosen via a private competition organised by the Royal Mint Advisory Committee. Personally approved by the King, the portrait was unveiled just weeks after His Majesty ascended the throne.
Jennings’ design shows the King without a crown and facing left, the opposite direction to his mother, Queen Elizabeth II, respecting a long-standing royal tradition. If these coins are anything like earlier issues, the legend is likely to read: 'CHARLES II · DEI · GRA · REX · FID · DEF ·'.
2023 Sovereigns are not the first to feature Jennings’ portrait of King Charles. It’s also been used on 2022 Memorial Sovereigns which were released in late 2022 as a tribute to the life and legacy of The Queen as well as on the commemorative Queen Elizabeth Memorial range. You can read more about Jennings' portrait on our blog: First UK Coins With Charles III Portrait: Elizabeth II Memorial Range.
Where Can I Buy A 2023 Sovereign?
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We won't be able to ship these proof Sovereigns immediately but you will need to act fast to secure your coin. Each year since we started trading we've been able to offer a comprehensive range of proof Sovereigns, bullion options and Sets and you can track all these products via the links below:
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