British Half Sovereigns & Technical Specification
Value Added Tax was abolished on investment gold including half sovereigns from January 1st 2000 - Information about half sovereigns.
The half sovereign technical specification for all modern half sovereigns issued from 1817 is as follows:
|Actual Gold Content (Grams)||3.6575|
|Actual Gold Content (Troy Ounces)||0.1177|
1544 or 1817?
Although the sovereign was first hammerred in 1489 for Henry VII, half sovereigns were not produced until the reign of Henry VIII in 1544. The history of sovereigns and half sovereigns then follows a similar course. The modern half sovereign commenced in 1817 under George III.
A Real Coin
Both the sovereign and half sovereign were real circulating coins until the outbreak of the Second World War in 1939. At about this time, most countries in the world reduced or stopped production of gold coins for circulation and switched to a "token" coinage.
Out of Production
By 1933, almost every country had stopped gold coin production, and it did not restart until about 1960. Even now, there are no countries where any gold coins regularly circulate as part of the coinage system. The last half sovereign to be issued for circulation was in 1926.
Half Sovereign Production Restarted
The production of sovereigns, as bullion coins, restarted in 1957, and in 1982, ordinary bullion half sovereigns were produced after a break of 56 years.
Proof Half Sovereigns
From 1980, the Royal Mint started to produce special edition proof versions for collectors, and these are now likely to be produced every year.
2000 & The Third Millennium
After a break of 18 years, the Royal Mint has again started production of "ordinary" sovereigns in 2000, and it is possible that they too will be produced in following years.
Sovereign and Quarter Sovereign Technical Specifications
Full Sovereign Technical Specification
|Actual Gold Content (Grams)||7.3224|
|Actual Gold Content (Troy Ounces)||0.235421|
Quarter Sovereign Technical Specification
|Actual Gold Content (Grams)||0.0588|
|Actual Gold Content (Troy Ounces)||0.001890|
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