The British Gold Sovereign is the World’s Oldest Continually Minted Coin
2016 is an historic year for Great Britain. It will always be remembered as the year that Britons went to the polls to decide whether they would remain in the European Union. 2016 is also the 200th anniversary of the Great Recoinage of 1816. This act provided for the minting of the British Gold Sovereign.
The British Soveriegn was first minted in 1489 with the nominal value of one pound. The British Sovereign has been minted through most of British history since then. The current British gold Sovereign has been minted almost continuously since 1816. The British Gold Sovereign was in general British circulation until 1932 when the United Kingdom went off the gold standard. Since 1932, the British Gold Sovereign has been minted as a bullion product.
The reverse design of the current British Sovereign is the same as that which graced the 1816 version, featuring famed coin engraver Benedetto Pistrucci’s depiction of St. George Killing a Dragon. The obverse features the current Queen of England, Queen Elizabeth II.
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The British Gold Sovereign
The British Gold Sovereign is a 22K gold coin weighing slightly less than a quarter ounce and is about the size of a United States Nickel.
British Gold Seovereign Specifications
Manufacturer: Royal Mint
Condition: Brilliant Uncirculated
Gold Content: 0.2354 troy oz
Weight: 7.988 grams ( a U.S. nickel weighs just 5 grams)
This article by BGASC is not, and should not be regarded as, investment advice or as a recommendation regarding any particular course of action.