1962 Gold Sovereign Bullion Coin | Queen Elizabeth II | CGT Free

Coin Specifications

• Coin: Gold Sovereign
• Year: 1962
• Monarch: Queen Elizabeth II
• Mint: The Royal Mint
• Obverse: Mary Gillick Portrait of Queen Elizabeth II
• Reverse: Benedetto Pistrucci (St George and the Dragon)
• Metal: 22 Carat Gold (.9167 Fine)
• Gross Weight: 7.98g
• Fine Gold Content: 7.32g (0.2354 troy oz)
• Diameter: 22.05mm
• Face Value: £1 (Legal Tender)
• Condition: Bullion / Pre-Owned
• CGT Status: CGT-Free for UK Residents — see our CGT-free guide
• VAT Status: VAT Free Investment Gold

Buying With Confidence

• ✔ Every coin guaranteed genuine — professional XRF testing
• ✔ Trusted Hatton Garden precious metals dealer established 1982
• ✔ Fully insured delivery — see Shipping Policy
• ✔ Verified customer reviews
• ✔ Buy Back Guarantee
• ✔ Use code WELCOME888 for a discount on your first order
• ✔ Check live gold prices on our Today's Prices page

The 1962 Gold Sovereign is a classic British bullion coin struck by The Royal Mint during the early reign of Queen Elizabeth II. It features Mary Gillick's elegant portrait of the young Queen — one of the most admired coin portraits of the 20th century — alongside Pistrucci's iconic St George and the Dragon reverse. Containing 7.32 grams of pure gold, it is VAT-free and exempt from Capital Gains Tax for UK residents, making it one of the most tax-efficient ways to own physical gold. Read: Britannia vs Sovereign: Which Is Best? and CGT-Free Gold Coins in the UK.

Why Invest in a 1962 Gold Sovereign?

• CGT-free for UK investors — read our guide
• VAT-free investment gold
• 7.32g of pure gold in every coin
• Mary Gillick portrait — a historically significant and sought-after design
• Over 200 years of Sovereign heritage — worldwide recognition and liquidity
• Compact and flexible gold ownership — easy to store and trade
• Strong dual demand from investors and collectors

Not sure whether coins or bars suit you? Read: Gold Coins vs Gold Bars and Britannia vs Sovereign: Which Is Best? See also: New vs Pre-Owned Bullion and Gold Purity Guide.

Why Buy From 888 Bullion?

• ✔ Every coin carefully inspected for authenticity — XRF testing
• ✔ Competitive pricing — check Today's Prices
• ✔ Secure UK delivery, fully insured — see Shipping Policy
• ✔ Trusted Hatton Garden precious metals dealer established 1982
• ✔ Verified customer reviews
• ✔ Buy Back Guarantee
• ✔ Expert support — contact our team

Also Consider

• All Gold Sovereigns
• Best Value Mixed Year Gold Sovereign
• 1927 King George V Gold Sovereign
• 1910 King Edward VII Gold Sovereign
• 2025 1oz Gold Britannia

Related Guides

• Britannia vs Sovereign: Which Is Best?
• CGT-Free Gold Coins in the UK
• Best Gold Coins for UK Investors
• How to Invest in Gold for Beginners
• New vs Pre-Owned Bullion
• Understanding Gold Purity
• How to Verify a Gold Coin Is Genuine
• How to Avoid Fake Gold Coins
• Learning Hub — All Guides