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Victoria Young Head Gold Sovereign

Product code: GSOVVYF
Quantity

£494.57

Incl. £0.00 VAT

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Specifications

Manufacturer
Royal Mint
Country
UK
Fineness
916.7
Total Weight (grams)
7.988
Pure Metal Weight (g)
7.322
Diameter
22.05mm
Thickness
1.52mm
Face Value
£1

Sovereign Victoria Young Head Gold Coin

The Sovereign Victoria Young Head coin represents part of arguably the world’s best-known coin and the Royal Mint’s flagship issue, the Sovereign, with a history dating back to 1489.

All our pre-owned coins undergo strict quality checks by our team of experts to ensure their condition is excellent. Coins will be carefully packed loose, but if you’d like to further protect your coins, we offer Sovereign coin capsules

The obverse features the first portrait of Wuenn Victoria, while the reverse displays the classic St.George and Dragon design by Benedetto Pistucci.

The coins will date between 1871-1887.

The picture illustrates the type of coin you’ll receive, not the exact item.

History

Queen Victoria’s achievements as monarch are known the world over. Before being usurped in 2010 by Elizabeth II, Victoria was the longest-reigning UK monarch and was also the figurehead of the British Empire at the height of its global reach. Known as the Victorian era, the duration of her reign is remembered for huge technological scientific and political advancement, including such accomplishments as building the London underground system.

The Victoria Young Head Sovereign reflects the period at the beginning of her reign, which experienced various ups and downs like The Great Famine (1845), rebuilding relations with France, and self-imposed isolation after the death of her husband in 1861.

Design & Mintage

Unlike the Sovereigns of today, the Sovereign Victoria Young Head was struck in coin alignment, which basically means the reverse is upside down to the head. This changed in later Sovereigns to what’s known as medal alignment, which refers to the front and back being minted the same way up. This stems from the medals commonly being displayed within a swivel mechanism.

The obverse portrait of Victoria represents a youthful look for the Queen with hair tied up in a bun, and also reflects the young, evolving feeling of the era. While the reverse most commonly features St.George slaying the dragon, most dates were also issued with shield back design, which is rarer and trade higher.

Mint Marks

Mint marks for these early Victoria coins are limited to London, Sydney and Melbourne, as the imperial spread had only just begun. Later Sovereigns were minted in a wider number of places, reflecting the growing British Empire. Mintage quantities varied from a low of around 1.5 million in 1887, reaching a peak in 1872 of more than 16 million.

Our Expert Opinion

We absolutely love this coin. It’s the oldest of all the coins we focus on being more than 130 years of age. Anything older becomes numismatic, but this is the first coin we’d consider semi-numismatic. In other words, its value consists of both its gold content and a historical or collectors coin value. Premiums on older numismatic coins will be far higher due to rarity and more sophisticated knowledge of historical coins is advised before venturing into buying coins of 150 years or more.

Balance

While not always available on the market due to their age and desirability, the coin is plentiful enough to be in stock more often than not. As the oldest coin we offer, premiums are higher than any other Sovereign coin. For that reason, we’d recommend crafting a mixed portfolio of older and newer coins, including the Georges, Edwards and Elizabeths to create a balanced holding. If holding a piece of history in your hand is appealing than this coin is unbeatableand doesn’t compromise in other investment areas such as liquidity and tax efficiency.

If you fancy owning old tax-free gold coins which celebrate the Victorian era but want to pay less, then the other Victoria Head Sovereigns, the Victoria Jubilee Head and Victoria Old Head, may be an option.

If you ever see these coins on sale, snap them up. Because of their history and fluctuating availability, their premium can rise quicker than newer coins, turbo-charging returns.

 

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.