Introducing The Royal Mint’s highly anticipated 2023 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 become a symbol of the British monarchy’s strength and reliability, making it one of the most recognized and trustworthy bullion coins globally.

The 2023 Coronation Sovereign marks 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.

As a tribute to its enduring legacy, the Coronation Sovereign brings back Benedetto Pistrucci’s iconic St George and the Dragon design. Created during the coin’s revival in 1817, this timeless image is widely regarded as a masterpiece of numismatic art.

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

History of the Gold Sovereign

Since 650 AD, various mints across Great Britain have produced coins. By around 1540, most of these mints had 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 what became known as “milled coins,” marking a significant advancement in coinage manufacturing.