The Memorial Half Sovereign 2022 Gold Bullion Coin is a tribute to the life and legacy of Her Late Majesty Queen Elizabeth II. Struck by The Royal Mint in 22-carat gold to bullion standard, the coin features an intricate reinterpretation of the Royal Arms by Jody Clark on the reverse. The obverse bears the first definitive coinage portrait of His Majesty King Charles III. As both an investment and a collector’s item, the Memorial Sovereign 2022 Gold Bullion Coin reflects the rich history and traditions of the British monarchy.
Gold sovereigns are exempt from Capital Gains Tax (CGT), making them an ideal product for British investors.
Why Buy the 2022 Half Sovereign Gold Coin?
Half sovereigns offer a flexible way to invest in physical gold, allowing for progressive accumulation of holdings. Their smaller size enhances liquidity, making them easier to sell in portions compared to larger gold bars.
As legal tender in the UK, British gold coins, including full and half sovereigns, are exempt from Capital Gains Tax. This provides an additional tax advantage for UK investors. Furthermore, this coin is VAT-free in the UK and the European Community, adding to its appeal as an investment.
The Royal Mint maintains strict quality standards in the production of gold bullion coins. All newly minted gold sovereigns undergo the Trial of the Pyx, a verification process dating back to 1282, which certifies their weight and gold purity before release to the public. This ensures that coins such as the 2022 half gold sovereign have their gold content and authenticity backed by the UK government.
History of the Gold Sovereign
Since 650 AD, various mints across Great Britain have produced coins. By 1540, most of these mints had closed, leaving the Royal Mint as the sole operational mint in the country.
In 1663, Britain transitioned from hand-struck coinage to mechanised production, introducing new manufacturing processes. The use of screw presses and horse-drawn rolling mills led to the development of what became known as milled coins, marking a significant advancement in coinage production.
