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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.
The Royal Mint realised there was a market for sovereign coins, and began to sell them to collectors at well over face or bullion value. [41] Beginning in 1980, five-pound gold coins were sold every year, except 1983, sometimes in a four-piece proof set with the half sovereign, sovereign and double sovereign, and sometimes sold individually.
The vast majority of the coins from the United Kingdom were melted down by the Royal Mint after the King's abdication. Many pattern issues are retained by the Royal Mint Museum, with other surviving coins purchased by private collectors. [2] In 2020, an Edward VIII sovereign sold at auction for £1 million, the most for a British coin. [3]
Any future crown issue were defined as a coin with a diameter of 1.525 inches, and a weight of 28.27 grams. [6] Like other New Zealand silver coinage, the rim of the coin was milled. [7] All obverse designs in the series used a crowned bust portrait of George V initially designed by Percy Metcalfe for use on the Southern Rhodesian pound.
The Royal Mint realised there was a market for sovereign coins and began to sell them to collectors at well over face or bullion value. [69] In 1980, the first Elizabeth II half sovereigns available to the public were issued, in proof quality, and in 1982, the first half sovereigns sold as bullion coins.
List of most expensive coins Price Year Type Grade Issuing country Provenance Firm Date of sale $18,900,000 1933 1933 double eagle: MS-65 CAC United States: King Farouk of Egypt: Sotheby's [1] June 8, 2021 $12,000,000 1794 Flowing Hair dollar: SP-66 CAC United States Neil, Carter Private sale [2] January 24, 2013 $9,360,000 1787 Brasher ...
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