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The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains 0.2354 troy ounces (113.0 gr; 7.32 g) of pure gold.Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery.
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
The sovereign was a gold coin of the Kingdom of England first issued in 1489 under King Henry VII. The coin had a nominal value of one pound sterling, or twenty shillings. The sovereign was primarily an official piece of bullion and had no mark of value on its face. Nonetheless, it was the country's first coin to be valued at one pound.
Sovereign: £1 Gold bullion coins, available in four other sizes too: quarter sovereign (25p), half sovereign (£ 1 / 2 ), double sovereign (£2) and quintuple sovereign (£5). Two pounds: £2 Issued as a commemorative coin from 1986 and in general circulation from 1998 (dated from 1997). Britannia: various values
Such bullion issues are sold based on the price of gold, carrying a smaller premium than proof coins, [32] with a sufficient premium charged to allow for the costs of manufacture and sale. [33] Both varieties of the 2022 quarter sovereign were sold by the Royal Mint as bullion pieces, [ 33 ] [ 34 ] as well as in proof condition ; [ 26 ] [ 27 ...
BullionByPost is a trading name of Jewellery Quarter Bullion Limited. [2] In 2016 BullionByPost was described as Britain's biggest online gold dealer. At one point it had £5.6 million of sales in one day, beating its previous record (in 2014) of £4.4 million.
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