The Bank of England resumed the issuance of gold sovereigns in 1957.  In order to differentiate the previously issued coins which has been in circulation from the newly minted ones, dealers called the earlier issued as “old” sovereigns as against the ‘new” sovereigns.  It’s very important to distinguish the old ones from the newly made [...]

There is a big controversy about the alleged fraudulent transactions on eBay over sale of counterfeit products.  It is believed that this online shopping giant is making $1 billion yearly.  It’s getting profit from dishonest transactions.  The issue has been raised to the media, however, there seems to be no action being taken to address [...]

There are distinct differences between the Proof and Uncirculated sovereigns.  Proof coins are shinier, though, this description is overly simple. The Uncirculated takes its meaning from the literal term itself.  It means that t he coin has never been out in the public for circulation.  However, there could be a possible presence of bag marks, [...]

Gold Sovereigns as being popular for its worth have become a favorite subject of counterfeit.  Collectors have to be aware of the existence of forged sovereigns as any other coins.  They have to be extremely knowledgeable on how to detect an authentic coin from a  fake one.  There are different kinds of imitation in varied [...]

Coin collectors set a rigid standard in determining the value of coins.  Gold Sovereign coins are in the top list of collectors.  The better the grade of the coin, the higher value it contains.  The gold content and the actual value of the coin does not fully determine it’s worth.  The coin’s physical condition is [...]

For several centuries, the pound sterling was the unit of account of sovereign coins circulated having a value of one pound sterling.  Now, it was made adapting the standard coin alloy of 23 carat which is 95.83% fine.

The sovereign was produced to imitate a a much alike large coin produced and available for circulation in Europe.  Another purpose is to give an impression of Europe with the power, fame and undeniable success of the new Tudor dynasty.

The first design of the gold coin with a King seated in a throne looking majestic has brought it’s name- sovereign.

In 1489 during the time of King Henry Vii, the first gold sovereign coin was created.  The design showed a King seated on a throne projecting a majestic image.

The Royal Mint in London offers genuine limited edition gold sovereign coins.  Different denominations are available like half crown, crown, angel, half sovereign, and sovereign.