Introducing The Royal Mint’s highly anticipated 2023 Half Coronation Sovereign, a significant release that unites tradition, history, and prestige. First struck under the rule of Henry VII in 1489, The Sovereign coin has been a symbol of the British monarchy’s strength and reliability, making it one of the most recognized and trusted bullion coins globally.

The 2023 Coronation Sovereign celebrates the enthronement of His Majesty King Charles III. The obverse of this special edition coin showcases a finely crafted official crowned coinage portrait of the King, designed by British sculptor Martin Jennings, and personally endorsed by His Majesty himself.

In tribute to its enduring legacy, the Coronation Sovereign features Benedetto Pistrucci’s iconic St George and the Dragon design, which was introduced during the coin’s revival in 1817. This timeless image continues to be celebrated as a masterpiece of numismatic art.

Gold Sovereigns are exempt from Capital Gains Tax (CGT), making them an ideal product for British investors.

Why Buy the 2023 Half Sovereign Gold Coin?

Brand new half-gold sovereigns are a great way to invest in physical gold progressively. Their smaller size makes your holdings more divisible and liquid. For example, you can easily sell a few half-gold sovereigns when needed, rather than holding a large gold bar.

Additionally, British gold coins such as full and half sovereigns are exempt from Capital Gains Tax (CGT) due to their legal tender status in the UK, offering an added benefit for British investors. This coin is also VAT-free in the UK and European Community.

The Royal Mint produces gold bullion coins of the highest quality, adhering to strict minting standards. All newly produced gold sovereigns (both full and half) undergo a verification process called the Trial of the Pyx. This independent trial, dating back to 1282, certifies the weight and gold purity of British coins before they are issued to the public market. As a result, new British coins like the 2023 half-gold sovereign are backed by the UK Government for their weight and purity.

History of the Gold Sovereign

Since the year 650, various mints across Great Britain have produced coins. By around 1540, most of these mints closed, and the Royal Mint became the sole mint in operation.

In 1663, Great Britain moved away from hand-striking coins and introduced new manufacturing processes. The use of screw presses and horse-drawn rolling mills enabled the production of “milled coins,” marking a significant advancement in coinage manufacturing.