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Sovereign

Sovereigns are a type of coin first minted in England in 1489 when King Henry VII created a ‘new money of gold’. The coin had a nominal value of one pound sterling (or 20 shillings) and the name derived from the portrait of the monarch on both sides.

While the coin was reduced in weight before minting finally stopped in 1604, the sovereign coin was revived in 1816 after the British government introduced the Gold Standard to strengthen its currency. The first ‘modern’ sovereigns were designed by Italian engraver, Benedetto Pistrucci, although the most valuable today are the 1937 coins struck for Edward VIII but never issued due to the King’s abdication.


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Rare Edward VIII sovereign sets new British coin record at £1m

17 January 2020

A UK private collector has paid £1m for a 22ct Edward VIII coin, helping the 1937 sovereign regain its place as what is believed to be the most expensive British coin.

Coins

Largest gold sovereign hoard declared treasure as mystery surrounds source of stash

24 April 2017

The largest gold sovereign hoard ever found has been declared treasure but mystery surrounds the identity of the rightful heirs to the trove of gold coins.

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Appeal over stolen coins

10 September 2014

This sixth issue Elizabeth I sovereign (1584-1586) was among seven English 16th and 17th century gold coins stolen from a dealer’s home in Norfolk in August.

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Sovereigns make their mark again in London sales

12 May 2014

It was sovereign territory at Baldwin’s once more earlier this month when they took £430,000 for an Edward VIII gold proof example dated 1937 and £320,000 for an Elizabeth II example dated 1953.

The most complete sovereigns sale

30 April 2012

BALDWIN’S are to sell the most complete collection of British gold sovereigns, formed over 34 years, with the first tranche being offered on May 8 in London.

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Crown scores well in the provinces

28 April 2005

DREWEATT Neate’s sale on 23rd March at Donnington Priory offered a 100-lot section of coins, banknotes and medals which produced a 100 per cent take-up.

In tune with a Kroon in June

31 July 2003

The two days of June 24 and 25 were occupied by a general sale (1895 lots) hosted by Dix Noonan Webb. The vast collection of British coins has been dispersed by Spink and latterly DNW at intervals over about the last decade. I was particularly struck by the English royal arms on the reverse of a very nice example of the gold Edward VI sovereign. A sensible estimate of £4000-5000 was suggested. It made £5800.

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