Coin Specifications
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Coin: Gold Sovereign — Memorial Issue
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Mint: The Royal Mint
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Metal: 22 Carat Gold (.9167 Fine)
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Gross Weight: 7.98g
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Fine Gold Content: 7.32g (0.2354 troy oz)
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Diameter: 22.05mm
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Face Value: £1 (Legal Tender)
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Date: 2022
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Obverse: Effigy of Queen Elizabeth II by Jody Clark
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Reverse: St George and the Dragon by Benedetto Pistrucci
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Condition: Bullion (New)
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CGT Status: CGT-Free for UK Residents — see our CGT-free guide
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VAT Status: VAT Free Investment Gold
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The 2022 Memorial Gold Sovereign is a historically significant coin struck by The Royal Mint to commemorate the reign of Her Majesty Queen Elizabeth II. Featuring the final portrait of the Queen by Jody Clark on the obverse and Pistrucci's timeless St George and the Dragon on the reverse, this is the last Sovereign to bear Queen Elizabeth II's effigy — making it both a sound gold investment and a piece of British history. As UK legal tender, it is fully exempt from Capital Gains Tax for UK residents. Read: Britannia vs Sovereign: Which Is Best? and CGT-Free Gold Coins in the UK.
Why Investors Choose This Coin
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CGT-free for UK investors — read our guide
- VAT-free investment gold
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7.32g of pure gold in every coin
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Historically significant — the final QE II Sovereign
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Over 200 years of minting history — worldwide recognition
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Highly liquid — easy to buy, sell, and trade globally
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Compact and affordable gold ownership
Comparing Sovereign and Britannia? Read: Britannia vs Sovereign: Which Is Best? See also: Best Gold Coins for UK Investors and New vs Pre-Owned Bullion.
The History of the Gold Sovereign
The modern Sovereign was introduced in 1817 following Britain's Great Recoinage and quickly became the foundation of Britain's gold standard. Throughout the 19th and early 20th centuries, Sovereigns circulated across the British Empire and were accepted globally. The 2022 Memorial issue holds a unique place in this history as the final Sovereign struck during the 70-year reign of Queen Elizabeth II.
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