In 1957, the Bank of England started once again to issue gold sovereigns. To distinguish between the previous issues, which would in many cases seen circulation, and the new, mint condition coins, all the earlier sovereigns were termed by dealers as "old" sovereigns, as distinct from "new" sovereigns.
Victoria sovereigns actually divide up into three different heads, and two different reverse types, making four major types in all. These are:-
The above terms may not have been in common use by the majority of the population, but were the jargon used by bullion dealers including international banks, and also by collectors.
The fine gold content of a sovereign is 0.2354 troy ounces.
If you would like to know more about the sovereign and other iconic numismatic pieces we recommend the bellow:
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