What Are Sovereign Coins A Complete Guide for Collectors

Few coins carry as much heritage, prestige and recognition as the British Sovereign. First struck over 500 years ago, the Sovereign is more than just a gold coin — it is a symbol of Britain's history, monarchy and craftsmanship.

In this guide, we’ll explore what Sovereign coins are, their history, and why they remain so popular with collectors around the world.

What Is a Sovereign Coin

A Sovereign is a British gold coin, traditionally struck in 22 carat gold, with a weight of 7.98 grams and a diameter of around 22.05 mm.

Each coin contains 0.2354 troy ounces of pure gold and is legal tender in the UK with a nominal value of £1 — although its real value is much higher due to its gold content, design and collectability.

Modern Sovereigns are typically minted by The Royal Mint and feature:

• A portrait of the reigning monarch on one side

• The iconic image of Saint George slaying the dragon, designed by Benedetto Pistrucci, on the other

A Brief History of the Gold Sovereign

The Original Sovereign 1489

The very first Sovereign was commissioned in 1489 by King Henry VII, intended as a powerful symbol of royal authority. It was a large and impressive gold coin, used primarily for ceremonial or prestige purposes rather than everyday use.

The Modern Sovereign 1817 Onwards

After a long absence, the Sovereign was reintroduced in 1817 during the reign of King George III, following the Great Recoinage.

This version was practical and intended for daily circulation. It featured:

• A standardised size and gold content

• High quality production using modern coin presses

• The return of the Saint George and the Dragon design

It quickly became recognised and trusted internationally for its consistent quality.

20th Century and Beyond

Though Sovereigns eventually disappeared from everyday circulation, The Royal Mint continued to strike them through major historical periods including both World Wars.

Today, Sovereigns are produced in several editions:

• Full Sovereign

• Half Sovereign

• Quarter Sovereign

• Double Sovereign also known as the £2 piece

Each carries the legacy of Britain’s royal history and remains a favourite among collectors for its artistic beauty and timeless appeal.

Why Collect Sovereign Coins

Sovereign coins are admired not just for their gold content but for what they represent — centuries of tradition, national pride and masterful engraving.

Collectors are drawn to:

• The variety of monarch portraits, from Queen Victoria to King Charles III

• Special editions and proof strikes, often released to mark royal events

• The historical significance of certain years, such as coronation Sovereigns or wartime issues

Whether you are building a personal collection or looking for a coin with character and story, the Sovereign is a standout choice.