At that time standard gold (22 carat) was valued at £46 14s 6d per troy pound this meant a £1 coin needed to weigh 123.2744783 grains or 7.988030269 g. Up until 1604 there was a coin called the English gold sovereign and in 1816 when there was the "Great Recoinage" the name was revived. Adding copper makes the coin more scratch and dent resistant) The Reverse often gives the Sovs a new term, like "ShieldBacks". The Obverse is the Monarch's head (Victoria) and the Reverse is most often St George and the Dragon, although other backs have been used and are of interest to collectors. This 1899 Gold Sovereign Melbourne was minted at The Melbourne Mint. The non-British coins carry a small mintmark ('S','M','P','I','C' or 'SA') just above the date. At coins fairs you often hear the dealers refer to these coins as Sovs.īesides being minted in Britain, Sovereigns have been made in Australia (Melbourne, Sydney, Perth), India (then Bombay, now Mumbai), Canada (Ottowa) and South Africa (Pretoria) although these regional mints have not made sovereigns since 1932. Sovereigns have been minted since 1817 (in Britain 1817-1917, 19 on). Category: SovereignsThe 1899 Gold Sovereign Melbourne is an example of the Gold Sovereign and is one of the most ubiquitous of all coins and much sought after by both coin collectors and bullion investors.
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