Coin Specifications
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Coin: Gold Sovereign
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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: 2024
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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 2024 Gold Sovereign is one of Britain's most iconic investment coins, struck by The Royal Mint in 22 carat gold. As UK legal tender, it is fully 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 Investors Choose Gold Sovereigns
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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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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. Many feature Benedetto Pistrucci's iconic St George and the Dragon reverse, first introduced in 1817 and widely regarded as one of the greatest coin designs ever created.
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