British Sovereign Gold Coin
The British Sovereign The British Sovereign is 22k with .2354 oz actual gold weight.
The first British gold sovereign was issued in 1489 for Henry VII however, the modern gold sovereign commenced in 1817 under George III. The sovereign was a real circulating coin until the outbreak of the First World War in 1914.
At about this time, most countries in the world reduced or stopped production of gold coins for circulation, and switched to "token" coinage. By 1933, almost every country had stopped gold coin production, and it did not restart until about 1960. Even now, there are no countries where gold coins regularly circulate as part of the coinage system. The production of gold sovereigns, as bullion coins, restarted in 1957. There have been a number of breaks in production.
An Example of the British Sovereign
Other common gold coins >>
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