Posts Tagged ‘brand new sovereign’
Witness a Historic Royal First by the Sovereign!
The brand-new UK 2024 Sovereign has just been revealed by the Royal Mint.
But what is the Sovereign?
When it comes to coins, few carry the weight of history and prestige quite like the Sovereign. From its humble beginnings in the late 15th century to its role as a symbol of British monetary stability and the grandeur of the British Empire, the story of the Sovereign coin is a fascinating journey through time. Join us as we explore the captivating history of this iconic gold coin in the video below.
The Birth of a Regal Coin:
The story of the Sovereign coin begins in 1489 during the reign of King Henry VII. This remarkable coin was aptly named the “Sovereign” and carried a face value of one pound. It featured a regal portrait of the reigning monarch on one side and the royal coat of arms on the other. This early version of the Sovereign set the stage for the coin’s enduring legacy.
The Tudor Period and Fluctuating Fortunes:
During the Tudor period, the Sovereign coin went through a series of changes in size and design. It was minted under various monarchs and experienced periods of discontinuation and revival, reflecting the turbulent political and economic landscape of the time.
The Great Recoinage of 1816:
The real turning point in the history of the Sovereign coin came during the reign of King George III. In 1816, a momentous event known as the Great Recoinage took place in the United Kingdom. It was here that the Sovereign received its iconic design featuring St. George slaying the dragon, a masterful creation by the Italian engraver Benedetto Pistrucci. This marked the resurgence of the Sovereign as a symbol of British monetary stability and the reach of the British Empire.
A Star in the Gold Standard:
Throughout the 19th and early 20th centuries, the British Sovereign played a starring role in the international gold standard. Under this system, currencies were linked to a fixed quantity of gold, and Sovereigns were internationally recognised and accepted. They were both a symbol of British power and a vehicle for international trade.
The End of an Era:
The golden age of the Sovereign coin gradually faded with the dawn of the 20th century. The upheaval of World War I and the changing global economic landscape saw the United Kingdom officially abandon the gold standard in 1931. Gold coins, including the Sovereign, ceased to circulate.
A Collector’s Treasure:
Though no longer in everyday use, the Sovereign coin remains a beloved and coveted item among collectors and investors alike. The Royal Mint continues to produce gold Sovereigns in various designs and sizes, making it a timeless piece of numismatic history.
This years production of the 2024 Sovereign combines Pistrucci’s timeless design with the official coinage portrait of King Charles III, meticulously created by Martin Jennings, for the first time ever.
BREAKING: The Sovereign which sold out in less than a day
The UK 2022 Gold Proof Sovereign was released at 9am yesterday. In less than a day, the whole range was sold out at the Royal mint.
That makes it the fastest selling sovereign. Ever.
And this isn’t by chance. Here’s how the 2022 Sovereign has already become the UK’s fastest selling ever.
Special one-year-only design
This year, The Royal Mint took the decision to issue a special one-year-only design to commemorate the Queen’s Platinum Jubilee next year. Sovereign design changes don’t come around often, and this is the first time since 2002 that the iconic St George and the Dragon design was removed from the reverse.
Once in a lifetime Sovereign
The Sovereign was issued to mark the Platinum Jubilee of Her Majesty Queen Elizabeth II. The Queen will mark an impressive 70 years on the throne in February next year – something that we are unlikely to ever see again in our lifetime.
Edition limit
Importantly, the edition limit of the 2022 Sovereign was just 10,500 – this is the same as the 2017 Sovereign which also featured a one year only design change. The 2017 sovereign sold out in just a few days due to unprecedented collector demand, so there was already huge demand expected for this release.
We still have a limited number of the UK 2022 Sovereign available for customers. If you’d like to order the UK 2022 Gold Proof Sovereign, please enter your details below and a member of our team will contact you.
We will only contact you with regards to this launch, your details will not be used for any other purposes.
When all three elements of a coin are right, you can’t go wrong…
Introducing the brand new British Isles Gold Proof Sovereign released to commemorate the 75th Anniversary of VE Day!
Over the years, the popularity of various coins have come and gone. But none have stayed as unrivalled as the Gold Sovereign.
Quite simply, the Sovereign is without a doubt the world’s premier Gold Coin. Struck from 22 Carat Gold to the exact same specification since 1817, it epitomises all that is British.
Traded across the world during the 19th Century and early 20th Century, it became known as “The Chief Coin of the World”, whilst today’s modern Proof Sovereigns show consistent collector interest and regular sell-outs.
Most importantly for the thousands of Sovereign collectors around the world, it’s a coin that demands attention and the intricate detail and sell-out status remains unrivalled.
FIFTEEN TIMES more limited than the UK’s most recent Proof Sovereign
Serious collectors tend to look at three key things when choosing a coin to add to their collection.
When all three elements are right, you can’t go wrong. And that’s definitely the case with the BRAND NEW British Isles Gold Proof Sovereign that has just been issued by the Isle of Man for 2020.
1. The edition limit
2. The country of issue
3. The subject and design
Let’s take each of the three key elements in turn…
1. The edition limit
This is simple. The coin is limited to just 495 pieces. This is more than 15 times RARER than the UK’s recent Gold Proof Sovereign.
Let me give you a few comparisons of recently issued Sovereigns:
495 coins is a tiny edition limit for a gold Sovereign-specification coin such as this.
2. The country of issue
Importantly this is a British Isles issue, authorised by the Government of Isle of Man. That means that it benefits from a sterling denomination, as well as the associated interest for British Isles coins within the UK.
3. The subject and design
This is the BIGGEST of all the ticks, especially when combined with the edition limit.
This year we mark the 75th Anniversary of VE Day. The day which signalled the end of World War II in Europe and brought long-awaited peace to our nation.
Here are just some of the national plans to celebrate:
- The May Bank Holiday has changed from Monday to Friday for the VE Day anniversary.
- Bells in churches and cathedrals across the country will take part in a Ringing out for Peace celebration.
- Street parties and celebrations at pubs, clubs, hotels, village greens and halls have been planned up and down the country.
- A national service of commemoration and celebration.
As I mentioned previously, when all three elements of a coin are right, you just can’t go wrong. And I am certain that demand will exceed availability. Especially when a strike of just 495 coins have been authorised for release.
And that’s before you consider the design…
The reverse is very fitting. The Union Flag fills up the complete surface of the coin while the text ‘VE DAY’ is displayed up large at the centre.
So I am sure you can now understand why serious collectors will want to own the remarkable new VE Day 75th Anniversary Gold Proof Sovereign. It’s the perfect coin to mark 75 years since our country rejoiced as Allied victory swept across Europe and our nation’s soldiers, sailors and airmen began their journey home.
I know it’s easy to sing the praises of every new coin. But, this one REALLY DOES tick all three key collecting boxes. All of the elements of this latest Gold Sovereign lend themselves to a complete sell-out.
Given the symbolic anniversary, the fact it carries a sterling denomination, and a strike of just 495 coins have been authorised, I am certain that demand will exceed availability.
