Great Rates when you Sell your Gold Sovereign's to SGB Gold

SGB Gold buy all Gold Sovereign coins

SGB Gold are always pleased to buy Gold Sovereigns from customers that require top prices, we have specialist buyers that buy gold coins from all around the world.

To work out the price of a Gold Sovereign ring or mount first deduct 8 grams from the overall weight (the full Gold Sovereign) and the balance can be calculated as 9 carat gold. Similarly deduct 4 grams for a Half Gold Sovereign ring or mount, when working out the price for your application these grams from the sovereigns will be paid at the coin price.

The name "sovereign" comes from the majestic and impressive size and portraiture of the coin, the earliest of which showed the king facing, seated on a throne, while the reverse shows the Royal coat of arms on a shield surrounded by a Tudor double rose. These original sovereigns were 23 carat (96%) Gold and weighed 240 grains or one-half of a troy ounce (15.6 grams).

Gold Sovereigns were discontinued after 1604, Production of sovereigns restarted in 1817, their reverse design being a portrayal of Saint George killing a dragon, engraved by Benedetto Pistrucci. This same design is still in use on British Gold Sovereigns, although other reverse designs have also been used during the reigns of William IV, Victoria, George IV, and Elizabeth II.

Gold Sovereigns prices are at a premium to the price of Gold unlike some other coins, like the Krugerrand. This is due to a number of factors: the higher unit cost of the Gold Sovereign (at under than one-quarter of an ounce); the higher demand for the Gold Sovereign from collectors.

Current Gold Sovereigns (2000 onwards) are struck in a 22 carat (92%) Gold alloy, also known as Crown Gold, which contains 11/12 Gold and 1/12 copper.

If you are unsure of what type of coins and Sovereigns you have please contact SGB Gold for further assistance.

Now you know why Gold Sovereign prices are always a good investment.

Ready to sell your Gold Sovereigns to SGB Gold?