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What is the face value of a half sovereign?

What is the face value of a half sovereign?

Gold Sovereign coins have a face value of £1. However, the real value of a Sovereign is calculated by multiplying its gold content – 7.3224 grams – by the gold spot price….What is the face value of a Sovereign?

Coin Nominal Face Value Weight (of which pure gold) (g)
Sovereign £1 7.98 (7.3224)
Half Sovereign 3.98 (3.6575)
Quarter Sovereign 1.99 (1.82875)

What is the difference between a gold sovereign and a half sovereign?

Differences in size and weight A full gold Sovereign coin is about the size of a one pence piece and weighs 7.98g, while the half Sovereign is closer to the old halfpenny size and weighs 3.99g. The face value of the half-sovereign is also half a pound.

Where is the mint mark on a gold Half Sovereign?

Most gold Sovereign coins were produced in London, and since the 1970s in Llantrisant, South Wales. These coins are unmarked, but many had a small mark above year of production to indicate their origin. On some rarer coins these mint marks appear beneath a monarch’s neck, a wreath or a shield, as shown below.

Are there any gold half sovereigns from 1974?

There were no half sovereigns issued in 1974. Further information about half sovereigns is available on our 1974 Half Sovereigns page of our Tax Free Gold website. We have a small selection of other 1974 world gold coins on our Tax Free Gold website.

Is the half sovereign worth more than the full sovereign?

There has always been an urban myth that a half sovereign is worth a great deal more than just ‘half a sovereign’. This is incorrect. Unless the coin is of numismatic value, for example, a rare date or mint mark, it is worth half the value of a full sovereign.

When did they stop making half sovereign coins?

Half sovereigns are a little different from the modern coins in your pocket. Made of gold, they were in circulation between 1817 and 1913, when they were replaced with modern florins, shillings and crowns. During their time in production, there were various types (dates) of half sovereigns minted for different countries around the world.

How much gold is in a Victoria sovereign?

The Full Sovereign weighs 7.98g and contains exactly 7.315g of pure gold. As British legal tender the gold sovereign is exempt from Capital Gains Tax, potentially offering a significant tax saving when you come to sell. Do you have questions regarding this product?