2020 Gold Double Sovereign
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2020 UK Double Sovereign Gold Coin
With a history dating back to 1489, the Royal Mint’s flagship 22 carat coin, the Gold Sovereign, represents a trusted constant through years of change.
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.
The coins are issued without expensive presentation boxes to maximize the amount of gold for your money.
The Double Sovereign version, also known as the £2 coin, provides a satisfying super sized Sovereign for investors and collectors alike. The coin weighs a healthy 15.96g with a gold content of 14.64g
The new 2020 version signifies more than 200 years of the Sovereign featuring the George and Dragon reverse designed by Benedetto Pistucci.
The obverse features the Queen’s fifth portrait by Jody Clark.
As a bullion coin, the 2020 Double Sovereign is designed and aimed at investors. A bullion finish is the cheapest production method available, with the coin being struck once in the mould. This lends itself to those seeking as much tax free gold as possible for their money, rather than pay for expensive packaging and a proof finish.
Our Expert Opinion
A wise choice for those seeking a happy medium between the larger 1oz Britannia and the smaller Gold Sovereign in their gold portfolio. The double size provides a satisfying feel in the hand, while maintaining full liquidity and flexibility liquidate small parts of the portfolio when the desire arises. The £2 face value qualifies the Double Sovereign as legal tender and therefore is free from any Capital Gains Tax.
Collectors will also be keen on adding the Double Sovereign to the equivalent Quintuple Sovereign, Sovereign, Half Sovereign and Quarter Sovereign.
In our opinion, the coin is a sound choice as the premium isn’t inflated by any historical value. It’s a cheap way of owning a Double Sovereign without having to pay the increased premiums associated with George and Victorian versions. We’d recommend these coins form part of a larger portfolio, mixed with larger 1oz coins and semi-numismatic Sovereign coins, to achieve a balance between buying price, flexibility and growth potential.
Orders are delivered free of charge within the UK only.
Delivery is in non-branded tamper proof packaging by Royal Mail Special Delivery and is fully insured. Delivery usually takes place before 1pm on the day following despatch, but some areas may run over this timeframe.
Maximum value per parcel is £50,000, so larger orders will be sent in multiple installments.
When placing your order, the delivery address needs to match the registered address of the buyer.
You’ll receive a despatch email with a tracking link once the goods are sent so you can see the status of the delivery and location of the parcel.
In the event that no-one is in to receive the delivery, you’ll be left a red card confirming attempted delivery, with confirmation on the Royal Mail tracking page. You then have the choice of arranging redelivery or picking up the parcel from your nearest sorting office.
For more details please see section 4 of our Terms & Conditions and our Delivery & Storage page.
If you request storage for your order, your goods will be sent free of charge to the storage vaults.
All gold & silver orders are stored at Loomis International in the UK and held on a fully allocated and segregated basis.
Storage fees are 1%+VAT/year for gold and 1.5%+VAT/year for silver, subject to minimum charges.
Please see further details of storage fees and minimum charges on our Storage & Delivery page.
Storage is charged at point of purchase by selecting ‘Buy with Storage’ to the next semi-annual pay date. Semi-annual storage dates are 15 March and 15 September each year and are subject to minimum charges for the period.
A recurring storage fee will be taken from your card at each semi-annual storage date.
You can opt to have your goods delivered at any time, subject to delivery charges of £25 +0.25% of the metal value.