Friday, January 16, 2009

What about Gold Sovereigns

What is a Gold Sovereign?

Collins English Dictionary gives us a few definitions:--

  1. Noun.
    A person exercising supreme authority, especially a monarch.
  2. Noun.
    A former English gold coin worth one pound sterling.
  3. Adjective.
    Supreme in rank or authority;
    a sovereign lord.
  4. Adjective.
    Excellent or outstanding;
    a sovereign remedy.
  5. Adjective.
    Of, relating to, or characteristic of a sovereign.
  6. Adjective.
    Independent of outside authority;
    a sovereign state.

Basically a sovereign is a gold coin. The first gold sovereign was minted under Tudor King Henry VII in 1489.
There are many types of sovereign coins, the most popular for investors and collectors are the Gritish gold sovereigns. N.B. There are also gold coins and sovereigns produded in modern times (Canada, USA, Australia).

British sovereign 'kings' minted during the reigns of Edward VII and George V are probably the most widely owned and recognised pre-1933 gold coins.


Gold sovereigns hold their value very well, as a valuable minted commodity as well as the historical aspects. Because these types of coins are so valuable and recognised instantly by collectors all over, there have been many instances of forgeries, good quality forgeries that are even hard to spot by experts. See the following article http://www.goldsovereigns.co.uk/fakes.html

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