This 1916 George V sovereign was issued by the Melbourne branch mint, Australia. Struck in 22 carat gold, this British legal tender coin is exempt from Capital Gains Tax.
Photographs shown may not be the actual coin and may differ in terms of grade, die numbers, design flaws and other minor details.
In 1916, sovereigns were issued at the Royal Mint, London, and at Melbourne, Perth, Sydney in Australia and Ottawa Canada. Issued with a nominal value of one pound, this circulation coin is a favourite with coin collectors.
Mint mark | Mint | Mintage |
C | Ottawa, Canada | 6,119 |
L | London | 1,554,120 |
M | Melbourne, Australia | 1,272,634 |
P | Perth, Australia | 4,096,771 |
S | Sydney, Australia | 1,242,000 |
Total | 8,171,644 |
The obverse features an image of the kings bare head. The design is the work of Australian born Bertram Mackennal.
The reverse of the coin features an image of St George slaying the dragon, designed by Australian born Benedetto Pistrucci's who came to London in 1815, the design originally engraved about 1817. The M in the ground above the date shows that the coin was minted in Melbourne, Australia.
Diameter | 22.05mm |
Weight | 7.9881g |
Alloy | 22 carat gold |
Fineness | 0.916 |
Actual Gold Weight | 0.2354 Troy oz |
Obverse Designer | Bertram Mackennal |
Reverse Designer | Benedetto Pistrucci |
Mint | Melbourne |
Mintage | 1,272,634 |
Finish | Uncirculated |
Obverse Grade | Reverse Grade | Price | Availability | |
---|---|---|---|---|
aEF | aEF | £856.10 | In Stock | |
gVF | gVF | £749.60 | In Stock | |
VF | VF | £709.80 | Out Of Stock | |
gFine | gFine | £594.00 | Out Of Stock |
Date | Obverse | Reverse | Price |
---|---|---|---|
18 December 2017 | gFine | gFine | £352.36 |
01 August 2020 | VF | VF | £571.10 |
28 September 2021 | VF | VF | £517.38 |
04 July 2024 | gFine | gFine | £535.60 |
General
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
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All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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