Gold Sovereign Coin: Great Britain (Why Buy it?) @CashAndCoinsYT
Gold Sovereign Coin: Great Britain (Why Buy it?)  @CashAndCoinsYT
Uploaded May 2023 | Updated September 2026, 2 weeks ago
Gold Sovereign Coin: Great Britain
Purity: .9167 fine gold
Manufacturer: Royal Mint
Thickness: 1.52 mm
Diameter: 22.05 mm
Weight: .2354 Troy Ounce
Check out: youtube.com/@UCdZxSkbFjOq7dKGKYalciYw Sovereign Saurus

Issued by the Royal Mint since 1817. They are based on the English gold sovereigns introduced by King Henry VII in 1489. Most Gold Sovereigns feature the reigning monarch on the obverse, with St. George slaying a dragon on the reverse. It is possible for special anniversary dates to feature the Royal Arms instead.
There are many reasons why gold sovereign coins are popular with investors and collectors alike. One reason is that they are one of the best recognized bullion coins in the global market and are easy to sell. Another reason is that they are classed as legal tender in the UK with a face value of £1, which makes them exempt from Capital Gains Tax. Additionally, gold coins give investors greater flexibility and maintain value against inflation 1. Why do Americans and other countries invest in the British sovereign? They can be easily sold; they are easy to store and usually have low premiums. Many see the British sovereigns are a good way to invest in gold. Thank you for watching Cash and Coins.
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Gold Sovereign Coin: Great Britain (Why Buy it?)

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