The British Gold Sovereign
The British Gold Sovereign
1. British Gold Sovereign
2. Physical Specifications
3. Description and Design
4. Sovereign as ...
1. British Gold Sovereigns
Produced by the UK Mint.
The Sovereign gold coin contains nearly one
quarter of an ounce of gol...
2. Physical Specifications
The Sovereign is made of 22 carat gold, consisting
of 11/12 gold and 1/12 copper, giving a gold...
2. Physical Specifications
22.05mm
22.05mm 22.05mm
A Comprehensive Guide to the British Gold Sovereign.
Click Here!
3. Description and Design
Current design features a
portrait of Elizabeth II.
Elizabeth II portrait, based on
design by Ia...
3. Description and Design
Reverse features a classic design
of St George slaying a dragon.
Design created by Benedetto
Pis...
4. Sovereign as a Circulating Currency
488 million sovereigns were
struck by the six branch mints
from 1855 to 1932.
Over ...
5. UK Capital Gains Tax (CGT) Exemption
In the UK, HM Revenue and Customs (HMRC)
Capital Gains Tax (CGT) exemption rules s...
6. Why Own British Gold Sovereigns
The British Sovereign is an affordable
investment and its light weight makes it
portabl...
6. Why Own British Gold Sovereigns
Gold sovereign purchases are exempt from
value added tax (VAT) across the European
Unio...
7. How To Buy British Gold Sovereigns Online
Go to www.GoldCore.com
Open and fund an account.
Purchase 1 or multiple Briti...
About GoldCore
GoldCore are respected international bullion
dealers who are experts in the execution and
logistics of the ...
Contact GoldCore
Ireland
GoldCore Ltd
14 Fitzwilliam Square
Dublin 2
Ireland
Ireland Phone
+353 1 632 5010
England
No. 1 C...
Upcoming SlideShare
Loading in...5
×

The British Gold Sovereign

1,147

Published on

The Sovereign is a British gold coin containing nearly one quarter of an ounce of gold. Importantly, Sovereigns are CGT (capital gains tax) free in the UK.

It is perhaps the most recognised gold coin in the world having been produced in its modern form since 1817 and having circulated widely as currency during the nineteenth and early twentieth century.

Key attributes of the British Gold Sovereign:

1. The British Sovereign is an affordable investment and its light weight makes it portable and easy to store.
2. Owning sovereigns also offers the benefit of divisibility since individual coins can be traded or gifted.
3. Sovereigns have an excellent reputation internationally and can be traded in many countries.
4. Gold sovereign purchases are exempt from value added tax (VAT) across the European Union.
5. Sales of sovereigns are exempt from capital gains tax (CGT) in the UK.
6. The Treasury check the accuracy of all newly minted sovereigns in the annual Trial of the Pyx, where each new coin is inspected by a panel of expert assayers.

Published in: Economy & Finance, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,147
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Transcript of "The British Gold Sovereign"

  1. 1. The British Gold Sovereign
  2. 2. The British Gold Sovereign 1. British Gold Sovereign 2. Physical Specifications 3. Description and Design 4. Sovereign as a Circulating Currency 5. UK Capital Gains Tax (CGT) Exemption 6. Why Own British Gold Sovereigns 7. How To Buy British Gold Sovereigns Online A Comprehensive Guide to the British Gold Sovereign. Click Here!
  3. 3. 1. British Gold Sovereigns Produced by the UK Mint. The Sovereign gold coin contains nearly one quarter of an ounce of gold. The sovereign is a legal tender coin with a face value of one pound sterling. Sovereigns are CGT (capital gains tax) free in the UK.
  4. 4. 2. Physical Specifications The Sovereign is made of 22 carat gold, consisting of 11/12 gold and 1/12 copper, giving a gold content or millesimal fineness of 0.9167. The coin has a standard weight of 7.98805 grams and given that the fineness or purity is 0.9167, the gold content is 7.323 grams, or 0.2354 (troy) ounces. The coin has a diameter is 22.05mm. The sovereign is a legal tender coin with a face value of one pound sterling.
  5. 5. 2. Physical Specifications 22.05mm 22.05mm 22.05mm A Comprehensive Guide to the British Gold Sovereign. Click Here!
  6. 6. 3. Description and Design Current design features a portrait of Elizabeth II. Elizabeth II portrait, based on design by Ian Rank- Broadley, appears on all sovereigns minted since 1998. Ian Rank-Broadley’s initials ‘IRB’ can be seen on the coin in tiny letters below the Queen’s effigy.
  7. 7. 3. Description and Design Reverse features a classic design of St George slaying a dragon. Design created by Benedetto Pistrucci and first used in 1817. On each coin the year of issue is specified underneath the St George illustration, with Pistrucci’s initials BP in tiny letters to the right of the date.
  8. 8. 4. Sovereign as a Circulating Currency 488 million sovereigns were struck by the six branch mints from 1855 to 1932. Over 517 million by the London Mint between 1817 and 1925. Making a grand total between the seven mint locations of just over 1 billion sovereigns between 1817 and 1932.
  9. 9. 5. UK Capital Gains Tax (CGT) Exemption In the UK, HM Revenue and Customs (HMRC) Capital Gains Tax (CGT) exemption rules state that currency in Sterling is not an asset for capital gains purposes. As the Sovereign is both legal tender and Sterling currency in the UK it is exempt from CGT.
  10. 10. 6. Why Own British Gold Sovereigns The British Sovereign is an affordable investment and its light weight makes it portable and easy to store. Owning sovereigns also offers the benefit of divisibility since individual coins can be traded or gifted. Sovereigns have an excellent reputation internationally and can be traded in many countries.
  11. 11. 6. Why Own British Gold Sovereigns Gold sovereign purchases are exempt from value added tax (VAT) across the European Union. Sales of sovereigns are exempt from capital gains tax (CGT) in the UK. The Treasury check the accuracy of all newly minted sovereigns in the annual Trial of the Pyx, where each new coin is inspected by a panel of expert assayers.
  12. 12. 7. How To Buy British Gold Sovereigns Online Go to www.GoldCore.com Open and fund an account. Purchase 1 or multiple British Gold Sovereigns. There is no minimum order quantity. Have the coins shipped direct or stored in our fully insured London, Zurich or Hong Kong storage vaults.
  13. 13. About GoldCore GoldCore are respected international bullion dealers who are experts in the execution and logistics of the highly specialised precious metals market. GoldCore have been providing precious metal investment solutions for an International client base since 2003. A Comprehensive Guide to the British Gold Sovereign. Click Here!
  14. 14. Contact GoldCore Ireland GoldCore Ltd 14 Fitzwilliam Square Dublin 2 Ireland Ireland Phone +353 1 632 5010 England No. 1 Cornhill London EC3V 3ND England UK Phone +44 (0) 203 086 9200 USA USA Phone +1 302 635 1160 Email: info@goldcore.com www.GoldCore.com
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×