Gold Sovereigns
This web site has been set up to provide information on "Modern" Gold Sovereigns, minted from 1817 to 1932.
Why do I say Gold Sovereigns are worth more than bullion?
On any day simply go to eBay and type Sovereign and then click the highest and you will see a coin price which is significantly higher than the Gold bullion price. Guaranteed.
Of the over 1 billion Gold Sovereigns minted it is estimated that less than 1% are still in existence—many melted down, made into jewelry, locked up in government vaults, or lost at sea.
The modern Gold Sovereign was introduced in 1817 after the British government gave approval in 1816. It was worth 20 Shillings and is made of 22 Carat gold weighing 0.2354 oz.
How much is a Gold Sovereign worth today?
Today's gold price × 0.2354 = Value of a Gold Sovereign.
If you take a sovereign to the local gold exchange, they would likely offer less than the gold price. A coin dealer should offer more—but not as much as a collector would pay.
Hopefully, this website will guide you in understanding the value of your Sovereign.
Warning: Do not clean your coin under any circumstances.
A dirty Sovereign could be worth thousands of pounds—but the same coin cleaned might only be worth its bullion value.
