British Sovereigns

Written by Kathleen Gagne
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The British sovereign has been recognized as a medium of exchange for over 500 years, and it is respected in just about every country that trades in gold. As the official coinage of English kings and queens since 1489, they were the financial support of the Tudor dynasty's long reign. These coins, by law, contain .2345 troy ounces of pure gold.

One of the advantages of owning these coins is that they are private and portable and, as a result, do not have to be reported to the IRS when you trade them. In addition, since they are valued all over the world, you can sell them at any time, in any country. These British coins are so valued and respected, in fact, that they have been used as emergency money for decades, carried by British and American pilots to use if they were shot down.

Value and Beauty

British sovereigns are classics. Each one depicts the face of whichever king or queen was on the throne when they were minted. Each of them also carries on its reverse side a Benedetto Pistrucci-designed version of Saint George slaying the mythical dragon. You can find coins rated "Brilliant Uncirculated British Sovereigns" online for investment, collecting, or for great gifts.

When you're searching for these wonderful coins online, be sure to check out several websites. Prices do vary, and you may be able to save or make a significant amount of money by doing some legwork. Some vendors offer money back guarantees and even discounts for purchasing in quantity. Several even offer tutorials about collecting or investing in coins, including descriptions of the coins, how to rate them, and current pricing. Remember, the more you know about the coins you buy, the better the decisions you will make. If you're buying coins as an investment, consider discussing options with your accountant.

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