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Victoria Jubilee Head Gold Sovereign

Product code: GSOVVJF
Quantity

5 in stock

£439.27

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

Victoria Jubilee Head Sovereign coin

The Victoria Jubilee Head Sovereign forms part of arguably the world’s best-known coin issue, the Sovereign, which has 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 Victoria Jubilee Head Gold Sovereign, while the reverse displays the classic St.George and Dragon design by Benedetto Pistucci. The redesign was created to celebrate the Queen’s jubilee year. The truth is that the jubilee portrait was long over-due after 17 years of the Victoria Young Head.

The coins will date between 1887-1893. They were then updated to the final Victoria portrait version, the Old (or veiled) head to reflect the monarch’s ageing features more accurately.

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

Mintage

Due to the relatively short run of the jubilee head (7 years) compared to the previous portrait’s 17 years, it’s total mintage was far lower and therefore less are in circulation. Despite it being a newer coin than the Young Head, you could argue it’s slightly rarer due to the lower circulation number. Like its predecessor, coins can contain mintmarks from London, Melbourne or Sydney. The Old Head which came next added Perth to this list, and the ‘King Sovereigns’ of George and Edward added other commonwealth countries to its list of mints such as Canada (Edward), and eventually, India and South Africa (George V Sovereigns), reflecting the growing British Empire.

First medal alignment Sovereign

The Victoria Jubilee Head Sovereign was minted in what’s called ‘medal alignment’ and marked a theme that still continues with today’s modern Sovereign coins. This simply means that the portrait and tail side are both the same way up. This sounds obvious and unremarkable, but it replaced the previous method which adorned a majority of Victoria Young Head coins which featured ‘coin alignment’. This version minted the reverse at 180 degrees to the obverse, in other words, upside down. The medal alignment is in fact based on the common practice of wearing medals on a vertically pivoting clasp mechanism. In order to see both sides of a medal, military personnel simply swivelled the coin on this vertical axis and the reverse would be viewed as the intended way up.

Jubilee celebrations

The Victoria Jubilee Head Sovereign re-design marked Queen Victoria’s Golden Jubilee (50 years since taking the throne on 20 June 1837). Celebrations included a lavish banquet with a long list of illustrious guests including 50 kings and princes and the British heads of the various growing global colonies. It was followed the next day by Victoria taking to the streets for a procession in an open carriage, known as a landau.

Our Expert Opinion

Considering its huge historical value and significance and relatively low mintage, the Jubilee Head tends to trade far cheaper than the previous Young Head coin and on par with the newer Old Head Victoria Sovereign. For this reason, we consider this coin remarkable value. We think it could be one whose premium rises faster than others in the future, making it an essential part of a mixed portfolio. Team it with other Victoria coins to own the ‘Victoria set’, or perhaps with Half Sovereigns and some Britannias to achieve a mix of value. diversity and upside potential. If you’re able to buy the version with the shield back without paying a huge premium, then this could have a particular appeal and rise in value quickly.

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.