The Gold Sovereign coin is one of the most recognisable and invested in gold coins on the market and remains the Royal Mint’s flagship coin.
It was first minted over 500 years ago and has been used as British currency since then.
The 2018 edition contains 7.988 grams of 22 carat gold. This is a brand new bullion finish coin, issued by the Royal Mint. Coins will be packaged loose for small quantities and come in Royal Mint tubes for orders of 25 and more. If you’d like to further protect your coins, we offer Sovereign coin capsules which fit perfectly.
The obverse of this coin features the familar fifth portrait of Queen Elizabeth II.
This was designed by world-renowned artist Jody Clark. In this design, the Queen is featured in the King George IV Diadem and Diamond Jubilee drop pearl earrings.
The reverse contains Benedetto Pistrucci’s original design of St George and the dragon which has been everpresent on Gold Sovereigns since the birth of the modern SOvereign coin more than two centuries ago.
The latin on the coin reads ‘DEI GRA REGINA FID DEF.’ Once this is expanded it is translated as ‘Dei Gratia Regina’ which means By the Grace of God. Queen. Fid Def is ‘Fidei Defensor’ which means ‘Defender of the Faith’.
This is an acknowledgement of the Queens status as Supreme Governor of the Church of England.
Hands down, the 2018 Sovereign is one of the best options for those seeking to build a physical gold investment. The MInt mass produce these coins to bullion standard, which is the lowest cost method to provide the most gold for your money. Proof versions are available but the premiums on those coins makes them less attractive for gold investors.
At approximately a quarter of an ounce in weight, they are four times smaller than the 1oz Britannia coin. The advantage the smaller coins bring is one of flexibility and further divisibility. Whether that will help more easily divide coins amongst children and grandchildren, or simply provide flexibility to liquidate small amount when times require.
While all investment grade gold is VAT exempt in the UK and EU, only certain coins are also free from Capital Gains Tax. This coin is one which qualifies for tax free status as it benefits from owning a face value and therefore becoming legal tender in the UK. Any coin which is legal tender cannot be taxed for Capital Gains. Tis fact alone, makes the Sovereign a very popular choice for investors seeking tax efficiency.
Due to the coin’s value, diminutive size and tax free status, they’re incredibly popular. Any physical asset which is in demand will alsway fetch a higher price than obscure or undesirable assets. With a history of 200 years, you can have the comfort that these coins are incredibly liquid and easy to sell, fetching great prices.
If you’re looking to build a mixed holding of gold coins, the 2018 Sovereign can be combined with older, more collectible Sovereign coins such as the George V, Edward VII and Victorian Sovereigns. The value of Victorian Sovereigns for example, will be higher than the brand new version as it benefits from historical, scarcity and collectors value. You may find that premiums on the older coins rise faster than brand new coins depending on availability.
Another way of diversifying your gold portfolio, would be to combine the 2018 Sovereign coin with larger coins such as the Quintuple Sovereign and Britannia, and buying smaller Half Sovereigns. This way, your holding is a great mix of sizes and ages, while still remaining completely tax free.
Buy the 2018 Gold Sovereign from Physical Gold to benefit from fast, insured and discrete delivery. No where else will you receive a Certificate of Authenticity and buyback guarantee.
As member’s of the British Numismatic Trade Association (BNTA), we’re one the of the UK’s top specialists for UK gold coins.