Gold Sovereigns


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What is a Gold Sovereign?

The gold sovereign is a British gold coin with a face value of one pound (£1). Since 1817,  gold sovereigns have been made of 22 carat gold, with a weight of 7.98 grams. The coin has a diameter of 22.05mm, and contains 0.2354 troy ounces of fine gold. It is widely used as a gold bullion coin, and popular amongst gold investors in the UK due to it’s Capital Gains Tax status (CGT free).

Gold Sovereigns

Benedetto Pistrucci’s portrayal of St George and the Dragon

Gold Sovereigns

King George V Gold Sovereign

How much is my Gold Sovereign worth?

The majority of sovereigns are very common, as millions have been produced each year. There are some very rare sovereign dates, mint marks and varieties. We would be more than happy to tell you if your gold sovereign is a special example. Feel free to give us a call, or e-mail us with details of your coins.

Where can I sell my Gold Sovereign?

M J Hughes Coins would be very interested in buying your sovereign (s). We are happy to purchase a single coin, or an entire collection. Please take a look at our sovereign price chart below for current buying prices. If you are unsure, please feel free to give us a call for a no obligation offer.

Gold Price (£/Troy Ounce) Price We Pay
£1500 £343.00
£1510 £345.00
£1520 £347.00
£1530 £350.00
£1540 £352.00
£1550 £354.00
£1560 £357.00
£1570 £359.00
£1580 £361.00
£1590 £363.00
£1600 £366.00

*If you have a large quantity of sovereigns for sale, we maybe able to offer a slightly higher price per coin.

The gold price is constantly changing, prices can go up and down. If you would like to sell to us, we offer the option of ‘fixing’ in the price. This way, you know exactly what you are getting!

How to sell to us

Selling to us is easy! We are based in Alton, Hampshire, where we have a tow centre shop. You are more than welcome to visit us with your coins. Alternatively, you can post to us via Royal Mail Special delivery. We can offer a number of different payment methods – Cash, bank transfer or cheque.

If you are looking to purchase gold sovereigns, please click here.


M J Hughes Coins are members of the British Numismatic Trade Association –