Introducing The Royal Mint’s highly anticipated 2023 Coronation Sovereign, a significant release that unites tradition, history, and prestige. First struck under the rule of Henry VII in 1489, The Sovereign coin has been an emblem of the British monarchy’s strength and reliability, making it one of the most recognized and trustworthy bullion coins globally.
The 2023 Coronation Sovereign celebrates the enthronement of His Majesty King Charles III. The obverse of this special edition coin showcases a finely crafted official crowned coinage portrait of the King, an artwork masterfully designed by British sculptor Martin Jennings, and endorsed personally by His Majesty himself.
In a tribute to its enduring legacy, the Coronation Sovereign brings back Benedetto Pistrucci’s iconic St George and the dragon design. Created during the coin’s revival in 1817, this timeless image has been hailed as a masterpiece of numismatic art.
Gold Sovereigns are Free of Capital Gain Tax (CGT), which makes them an ideal product for British investors.
History of Gold Sovereign
Since the year 650, several mints across Great Britain minted coins. Around the year 1540, most of the mints closed and the Royal Mint was the only mint in operation.
Great Britain abandoned the striking of coins by hand in 1663 and introduced new manufacturing processes. The use of screw presses and horse-drawn rolling mills enabled the manufacture of what became “milled coins”.