British Gold Sovereign Coins
The British Gold Sovereign coins were first issued for Henry VII of England, in 1489, and has been in production ever since. The coin usually had a nominal value of 1 pound sterling (or 20 shillings), but the gold sovereign coin itself was primarily an official bullion piece, with no value mark anywhere on it. The earliest of these Gold Sovereign coins showed the King seated on a throne, with the reverse depicting the Royal coat of arms on a shield, surrounded by a Tudor double rose.
Original British Gold Sovereign coins were 23 karat gold (96% gold), and were 240 grains, or one-half of a troy ounce (15.6 g) in weight. The purity was reduced to 22 karats by Henry VIII, which became the gold coin standard.
British sovereign gold coins were produced in major quantities till the First World War, when UK came off the gold standard. Production resumed in 1957. They were produced most years as bullion till 1982, and till 1999 proof coinage only versions were produced. Since 1817, the specifications for a British Gold Sovereign coin have been weight: 7.9881 g, thickness: 1.52 mm, diameter: 22.05 mm, and actual gold content: 7.3224 g (91.6 % fineness).
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