The Royal Mint unveils its first bullion collection of the year: the 2024 Sovereign
- The Royal Mint is today launching its 2024 Sovereign collection of bullion standard coins: a Sovereign, Half-Sovereign and Quarter-Sovereign
- Now the ‘chief coin of the world’ features the official uncrowned definitive coinage portrait of His Majesty King Charles III, following the inclusion of a crowned coinage portrait of the monarch on the Coronation Sovereign.
- It’s Capital Gains Tax exempt for UK residents, making it a popular investment choice.
3 January 2024
Celebrating a new Carolean era, The Royal Mint is today launching its 2024 Sovereign collection of bullion standard coins featuring the first definitive coinage portrait of His Majesty King Charles III on a bullion sovereign.
Regarded as the ‘chief coin of the world’ because of its accuracy and quality, The Sovereign is internationally recognised and one of The Royal Mint’s flagship coins, popular with investors and collectors. The Sovereign 2024 bullion coin range includes a Sovereign, Half-Sovereign and Quarter-Sovereign, all struck in 22 carat gold, and to The Royal Mint’s bullion standard.
The Sovereign is the most tightly specified coin in the world, representing the pinnacle in minting standards. Its purity is guaranteed to five decimal places and the weight and purity of each Sovereign is assured by Royal Proclamation.
With a legacy spanning more than 500 years, The Sovereign has been associated with many British monarchs throughout its existence. Now the ‘chief coin of the world’ features the official coinage portrait of His Majesty King Charles III, following the inclusion of a crowned coinage portrait of the monarch on the Coronation Sovereign.
The reverse of the coin returns to Benedetto Pistrucci’s iconic St George and the dragon design, which first appeared on The Sovereign in the nineteenth century and has featured on Sovereigns struck for every British monarch since the reign of Queen Victoria.
Today, Sovereign coins are popular with investors and collectors alike and are an alternative to holding precious metals in bars due to their tax exemption, divisibility and worldwide popularity. The fractional sovereigns allow access to the gold market at lower piece points.
Andrew Dickey, Director of Precious Metals for The Royal Mint, said: “Throughout history - since its creation in 1489 - The Sovereign has been struck for Kings and Queens. Today, The Sovereign is a solid choice for investors and collectors looking to strengthen their investment portfolios and enhance their coin collections. With its historical significance and strong investment appeal, it’s fitting that the Sovereign marks The Royal Mint’s first bullion launch of 2024.”
The Sovereign gold bullion is renowned for its strength and reliability. It’s also exempt from Capital Gains Tax for UK residents due to its status as legal British currency.
The Sovereign bullion range is available to order from The Royal Mint’s website (with shipping from 9th January) now at Gold Bullion Sovereign | The Royal Mint