Gold Sovereign Coin: Great Britain
Purity: .9167 fine gold
Manufacturer: Royal Mint
Thickness: 1.52 mm
Diameter: 22.05 mm
Weight: .2354 Troy Ounce
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Issued by the Royal Mint since 1817. They are based on the English gold sovereigns introduced by King Henry VII in 1489. Most Gold Sovereigns feature the reigning monarch on the obverse, with St. George slaying a dragon on the reverse. It is possible for special anniversary dates to feature the Royal Arms instead.
There are many reasons why gold sovereign coins are popular with investors and collectors alike. One reason is that they are one of the best recognized bullion coins in the global market and are easy to sell. Another reason is that they are classed as legal tender in the UK with a face value of £1, which makes them exempt from Capital Gains Tax. Additionally, gold coins give investors greater flexibility and maintain value against inflation 1. Why do Americans and other countries invest in the British sovereign? They can be easily sold; they are easy to store and usually have low premiums. Many see the British sovereigns are a good way to invest in gold. Thank you for watching Cash and Coins.
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DISCLAIMER: The content in this video is for entertainment and educational purposes only. Cash and Coins does not provide investment, tax or financial advice. Past performance is not indicative of future results. Understand that investing involves risk, including the possible loss of principal. The information is being presented without consideration of the financial circumstances, investment objectives or risk tolerance of any specific investor and may not be appropriate for all investors. Seek a qualified, licensed professional financial advisor. This video is not intended to provide, nor substitute as financial advice. Silver stacking, gold stacking, bullion, savings, #silver, #gold, #goldcoin #unitedkingdom #british #coincollecting

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