Why are British Gold Sovereigns favoured?
Gold Sovereigns are one of the most popular of the pre-1933 gold coins in the U.K., the U.S. and the world. As one of the world’s oldest, most historic, and most recognisable gold coins, the gold sovereign makes an ideal bullion coin. Sovereigns weigh 7.98 grams and are made of 22 carat gold (carat means 1/24) or 91.66% pure, and therefore contains 7.315 grams or 0.2353544 troy ounces of pure gold. The great advantage of sovereigns is that they are an attractive and much loved coin with a rich tradition and history. Single coins command premium prices for use in jewellery, as pendants and rings, or as gifts for special occasions such as christenings, golden weddings, coming of age, and even just as an attractive jewellery item in its own right. Once one has decided to invest in and or save in gold, it is important to choose the very best means. See our section on “How to Buy Gold” below.
