Sovereign (British coin)

sovereignsovereignsgold sovereigngold sovereignsBritish sovereignBritish gold sovereignBritish SovereignsSovereign coinBritish gold sovereignsBritish sovereign coin
The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling.wikipedia
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Benedetto Pistrucci

Pistrucci
In most recent years, it has borne the well-known design of Saint George and the Dragon on the reverset; he initials (B P) of the designer, Benedetto Pistrucci, are visible to the right of the date.
Benedetto Pistrucci (29 May 1783 – 16 September 1855) was an Italian gem-engraver, medallist and coin engraver, probably best known for his Saint George and the Dragon design for the British sovereign coin.

Pound sterling

£GBPpounds
The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling.
Various coin denominations had, and in some cases continue to have, special names—such as crown, farthing, sovereign and guinea.

Half sovereign

half-sovereignhalf a sovereign10/-
A committee of the Privy Council recommended gold coins of ten shillings, twenty shillings, two pounds and five pounds be issued, and this was accepted by George, Prince Regent on 3 August 1816.
The half sovereign is an English and British gold coin with a face value half that of a sovereign: equivalent to half a pound sterling, ten shillings, or 120 old pence.

Bullion coin

speciebullion coinsbullion
Struck from 1817 until the present time, it was originally a circulating coin accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery.

Great Recoinage of 1816

recoinage programme in 1816massive recoinage programme in 1816coinage reform of 1816
The coin was named after the English gold sovereign, last minted about 1603, and originated as part of the Great Recoinage of 1816.
The main aims were the reintroduction of a silver coinage and a change in the gold coinage from the guinea valued at 21 shillings to the slightly lighter sovereign worth 20 shillings.

Royal Mint

MintThe Royal MintLondon Mint
In the 1660s, following the Restoration of Charles II and the mechanisation of the Royal Mint that quickly followed, a new twenty-shilling gold coin was issued.
With Ansell's background in chemistry, he persuaded the Royal Mint to allow him to experiment with the alloy and was ultimately able to produce 167,539 gold sovereigns.

Coinage Act 1870

Coinage Act of 1870
The Coinage Act 1870 tightened standards at the Royal Mint, requiring sovereigns to be individually tested at the annual Trial of the Pyx rather than in bulk.
For example, it defined the weight of the sovereign as 7.98805 grams (about 123.27747 grains).

Smithsonian Institution

SmithsonianUnited States National MuseumSmithsonian Museum
Although many sovereigns were melted down for recoining on reaching a foreign land (as were those for the Smithsonian) it was regarded as a circulating coin in dozens of British colonies and even in nations such as Brazil and Portugal.
Rush returned in August 1838 with 105 sacks containing 104,960 gold sovereigns (about $500,000 at the time, which is ).

Gold coin

gold coinsgoldgold piece
The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling.

Sovereign (English coin)

sovereignGold Sovereigngold sovereigns
The coin was named after the English gold sovereign, last minted about 1603, and originated as part of the Great Recoinage of 1816.
*Sovereign (British coin)

Guinea (coin)

guineasguineagns
Many in Parliament believed a one-pound coin should be issued rather than the 21-shilling (1.05 pounds) guinea struck until that time.
In the Great Recoinage of 1816, the guinea was replaced by the pound as the major unit of currency, and in coinage by the sovereign.

Unite (English coin)

UniteUnites
About ten per cent lighter than the final sovereigns, the new coin was called the unite, symbolising that James had merged the Scottish and English crowns.
The gold unite was replaced by the milled gold Guinea in 1663, and a twenty shilling coin did not reappear until the Sovereign of 1817.

Perth Mint

Royal Mint at PerthPerth Branch of the Royal MintPerth Branch of the Royal Mint of Great Britain
In 1853, an Order in Council approved the establishment of the Sydney Mint; the Melbourne Mint would follow in 1872, and the Perth Mint in 1899.
Established on 20 June 1899, two years before Australia's Federation in 1901, The Perth Mint was the last of three Australian colonial branches of the United Kingdom's Royal Mint (after the now-defunct Sydney Mint and Melbourne Mint) intended to refine gold from the gold rushes and to mint gold sovereigns and half-sovereigns for the British Empire.

Five pounds (British gold coin)

Five poundsfive pounds British gold coin£5 gold coin
A committee of the Privy Council recommended gold coins of ten shillings, twenty shillings, two pounds and five pounds be issued, and this was accepted by George, Prince Regent on 3 August 1816.
In 1989 a completely new design was used to commemorate the 500th anniversary of the first issue of the sovereign coin – the obverse shows the Queen seated on the coronation throne holding the orb and sceptre, with the legend ELIZABETH II DEI GRA REG FID DEF, while the reverse shows a crowned shield within a double rose and the legend ANNIVERSARY OF THE GOLD SOVEREIGN 1489–1989.

Double sovereign

two pounds
A committee of the Privy Council recommended gold coins of ten shillings, twenty shillings, two pounds and five pounds be issued, and this was accepted by George, Prince Regent on 3 August 1816.
Following the introducing of the new British Sovereign coin in 1817, a special proof Double sovereign was minted in 1820 however like the previous double sovereign it never entered general circulation.

Gold standard

goldgold exchange standardbacked by gold
In 1925, the Chancellor, Winston Churchill, secured the passage of the Gold Standard Act 1925, restoring Britain to that standard, but with gold to be kept in reserve rather than as a means of circulation.
A formal gold specie standard was first established in 1821, when Britain adopted it following the introduction of the gold sovereign by the new Royal Mint at Tower Hill in 1816.

James Smithson

Smithson
In 1838, when the legacy of James Smithson was converted into gold in preparation for transmission to the United States, American authorities requested recently-struck sovereigns, likely to maximise the quantity of gold when the sovereigns were melted after arrival in the United States.
In 1838 he was successful and returned, accompanied by 104,960 gold sovereigns (in eleven crates) and Smithson's personal items, scientific notes, minerals, and library.

Coin

coinsspecieexergue
Examples of modern gold collector/investor coins include the British sovereign minted by the United Kingdom, the American Gold Eagle minted by the United States, the Canadian Gold Maple Leaf minted by Canada, and the Krugerrand, minted by South Africa.

Sovereign ring

In the 21st century, the wearing of a sovereign ring has been seen as a sign of chav culture.
A sovereign ring is a ring which typically has a gold sovereign as a primary decorative feature, with the obverse face as the visible detail.

Royal Canadian Mint

Canadian MintMinister responsible for Royal Canadian MintMonnaie royale canadienne
It was not until 1908 that what is now the Royal Canadian Mint, in Ottawa, opened, and it struck sovereigns with the mint mark "C" from 1908 to 1919, excepting 1912, each year in small numbers.

Quarter sovereign

Many of the variant designs of the sovereign since 1989 have been intended to appeal to coin collectors, as have the other gold coins based on the sovereign, from the quarter sovereign to the five sovereign piece.
It is a quarter of the weight of a sovereign with a actual gold weight (AGW) of 0.05896 troy oz.

Decimal Day

decimalisationdecimalizationdecimal currency
The sovereign survived both decimalisation and the move of the Royal Mint from Tower Hill, London to Llantrisant, Wales.
All pre-decimal coins (except for certain non-circulating coins such as crowns, sovereigns, and double florins which were explicitly excluded from demonetisation) are now no longer legal tender.

United Kingdom

BritishUKBritain
The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling.

Jewellery

jewelryjewelledjeweler
Struck from 1817 until the present time, it was originally a circulating coin accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery.

Saint George and the Dragon

St. George and the DragonSt George and the DragonGeorge and the Dragon
In most recent years, it has borne the well-known design of Saint George and the Dragon on the reverset; he initials (B P) of the designer, Benedetto Pistrucci, are visible to the right of the date.