We are excited to announce the launch of the Memorial Sovereign 2022 Gold Bullion Coin. The coin is the first bullion grade Sovereign to bear the portrait of King Charles III.
These are sure to be a popular choice for investors and collectors eagerly anticipating this launch and wanting to commemorate a new chapter in history with this classic British coin series.
This coin is also referred to as the Queen Elizabeth Memorial Sovereign, 2022.
The Memorial Sovereign
Struck to bullion standard this is a Memorial edition of The Sovereign. The Royal Mint’s flagship coin honours the life and legacy of her late Majesty Queen Elizabeth II. In tribute to her Majesty, Benedetto Pistrucci’s classic St George and the Dragon design stands aside for an intricate reinterpretation of the Royal Arms by Jody Clark.
This is the first Sovereign bullion coin range to bear the official coinage portrait of His Majesty the King. It’s the work of British sculptor Martin Jennings and shows Charles facing left, the opposite direction to his mother.
Browse the 2022 Memorial Soveriegns
History Of The Sovereign
The first gold sovereign was struck during Henry V11’s reign. On 14th October 1489, the King ordered the Royal Mint to produce ‘a new money of gold’. These coins were like nothing that had ever been seen in England before.
The coin was an emblem of stability and prestige and the sovereign was accepted as a currency in Britain. When each monarch succeeded the throne, they created a new sovereign for themselves.
The gold sovereign helped finance Britain during WW1, with an estimated £100,000,000 taken from the vaults of the Bank of England to aid the fight.
The modern gold sovereign is made from 22 carat gold and has a face value of one pound sterling.
They traditionally come in two sizes although there have been quarter sovereigns as well.
Full size. Weight of 7.981g. Actual Gold Weight of 0.2354 Troy oz.
Half size. Weight of 3.99g. Actual Gold Weight of 0.1177 Troy oz.
Quarter size. Weight of 1.997g. Actual Gold Weight of 0.0588 Troy oz.
Sovereigns are legal tender in the UK and benefit from being capital gains tax and VAT free.
Browse all Gold Sovereign Coins
Here To Help
Bleyer offers expert consultancy and welcomes appointments with customers looking for a personal service either face to face, by phone or online. Give our expert team a call on 01769 618618 or email [email protected].
