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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.
Country Name of bullion coin Fineness weights options in troy ounces (ozt) Years Minted Australia: Emu.9995: 1 ozt: 1995–1998 Canada: Palladium Maple Leaf.9995: 1 ozt: 2005–2010
Between 1997 and 2012 silver bullion coins have also been produced under the name "Britannias". The alloy used was Britannia silver (millesimal fineness 958). The silver coins were available in 1 troy ounce (31.1 g), 1 ⁄ 2 ounce, 1 ⁄ 4 ounce and 1 ⁄ 10 ounce sizes. Since 2013 the alloy used is silver at a (millesimal fineness 999).
In 2013, two additional sizes were introduced, a five-ounce coin of face value £500, and a fractional size of one-twentieth of face value £5. [citation needed] Britannia silver coins contain one troy ounce of silver and have a face value of £2. Silver Britannias also are issued in fractional sizes of one-half, one-quarter, and one-tenth of a ...
The first minting of a new commemorative coin denominated £100 was announced on 29 December 2014. [3] The coins contain 62.86 grams (2.021 troy ounces; 2.217 ounces) of fine silver, with a diameter of 40.00 millimetres (1.575 in). [4]
The first sovereigns were of 23-carat (95.83%) gold and weighed 240 grains, or half a troy ounce. King Henry VIII lessened the gold content to 22 carats, or 91.67%. Although this was part of what is called The Great Debasement, 22 carats became the gold coin standard in both the British Isles and later the United States, known as crown gold.
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