Great Britain Gold Sovereigns Edward VII
Tavex is pleased to present the King Edward VII sovereign gold coin, part of Britain’s most famous and longest issued gold coin series. The sovereign, introduced for the first time more than 500 years ago, is world renowned for its impeccable accuracy, strong liquidity and high quality.
Gold sovereigns have a real and permanent tangible value, and thus will make a great addition to any investor’s portfolio.
- Sovereigns are Britain’s most famous coins. Gold sovereigns are Britain’s most cherished coins and likewise one of the most recognised gold pieces in the world, representing the golden age of the British Empire.
- Sovereign gold coins are liquid. With more than 700 million pieces minted since the 1800s, the sovereign gold coins are supported by a deep and liquid market.
- Sovereigns are money. All gold sovereigns minted after 1837 are considered legal tender and are exempt from Capital Gains Tax in the United Kingdom.
- Sovereign gold coins are internationally recognised. The rich 500-year history of the gold sovereign and its effigy of King George V, ruler of the largest empire in human history, support the coin’s exchangeability worldwide.
- Sovereign coins are the equivalent of savings. Gold sovereigns are an ideal choice for any long-term saver who appreciates the security and stability of owning physical legal tender gold coins.
- Sovereign gold coins are an excellent way to diversify your portfolio. Gold’s low correlation with other financial assets makes sovereign gold coins serve as a portfolio hedge against market risk.
Sovereign gold coins – an investment that embodies more than 500 years of British history
When England’s King Henry VII authorised the mintage of the sovereign gold coin in 1489, little did he know that more than five centuries later the gold sovereign would still be minted by Britain’s Royal Mint. This makes the British gold sovereign the oldest continuously produced gold coin in the world. The sovereign represents over half a millennium of history, and in this entire period it has kept an almost unified consistency of purity and quality, which has earned it the reputation of being extremely trustworthy. The gold sovereign is today cherished by collectors because of its historical significance; it is desired as a gift by those who recognise its elegance and value; and it is sought after by those who want their wealth to be secure, liquid and portable.
The sovereign – a famous gold coin of the English royalty
The history of the sovereign began in the Middle Age, when precious metal coinage played an important role in spreading the fame of the ruling English sovereign. To show off his greatness, King Henry VII had the original gold sovereigns struck in almost 24 karat gold weighing half a troy ounce, depicting the King, enthroned majestically on the obverse side of the coin. Although too pure and valuable to be used in daily commerce, they were instead handed out as gifts to visiting high-ranking officials. As time passed, the technical specifications of the gold sovereign coin changed, creating a more durable alloy which standardised the gold content to 91.6%, or 22 karats. These changes helped to fuel its wider acceptance as a circulating coin, and due to its reach in promoting the sovereign of the realm, hence the name “sovereign”, it became the de facto coinage of English royalty. Kings and queens that ruled after King Henry VII continued in his footsteps by portraying their effigy on the obverse side of the sovereign gold coin, a tradition that is still practised, and which can be observed on the modern sovereign gold coin which portrays the effigy of the current “sovereign”, Queen Elizabeth II.
|Nominal value||Dimensions||Fineness||Product weight in grams||Gold weight in grams||Gold weight in Troy ounces|
|1 sovereign||22.00 mm||916||7.98570 g||7.31490g||0.24|
The King Edward VII sovereign gold coin was issued between 1902 and 1910.
Obverse: The obverse portrays King Edward VII. Around his effigy is the text “EDWARDS VII DG BRITT OMN REX FD IND IMP” which translates as “Edward the seventh, by the Grace of God, King of all the Britons, Defender of the Faith, Emperor of India”.
Reverse: The reverse displays the motif of the Christian martyr St. George slaying the dragon. The design was made by the acclaimed Italian engraver and chief medallist at the Royal Mint, Benedetto Pistrucci. The year of mintage is shown at the bottom.
Purity: The King Edward VII sovereign is a 22 karat gold coin which means it is composed of 22/24 = 91.6 % gold and the rest of the coin contains copper. The gold – copper alloy makes the surface of the coin more durable and less prone to scratches and marks.
Packaging: Each coin is individually packaged in a hard plastic capsule.
When placing an order through our online shop, you can choose to have the products delivered to your local post office or to collect them in person at one of our offices in Stockholm.
Delivery by PostNord: all orders are fully insured and trackable. The package is shipped the same day after we receive your payment and will arrive to your local post office within 1-3 working days.
Self pick-up: you are welcome to come and collect your products at one of our offices in Stockholm the same day we notify you that we have received your payment.