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.
Related Blog Articles
This guide and its content is copyright of Chard (1964) Ltd - © Chard (1964) Ltd 2023. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited.
We are not financial advisers and we would always recommend that you consult with one prior to making any investment decision.