United Kingdom · 1817 – present
British Gold Sovereign value
The most widely traded historic gold coin, holding 7.3224 g (0.2354 oz) of fine gold. Highly liquid worldwide and CGT-exempt in the UK.
Live melt value
| Currency | Gold spot / oz | Coin melt value |
|---|---|---|
| USD | 4,258.80 | 1,002.64 |
| EUR | 3,746.33 | 881.99 |
| GBP | 3,222.93 | 758.77 |
| JPY | — | — |
| CHF | — | — |
Coin specifications
- Gross weight
- 7.98805 g
- Fineness
- 917/1000 (91.67%)
- Fine metal content
- 7.323 g (0.2354 oz)
- Metal
- Gold
- Issuer
- United Kingdom
- Minted
- 1817 – present
- Face value
- £1
Other gold coins
Frequently Asked Questions
How much pure gold is in a British Gold Sovereign?+
7.323 g — the coin weighs 7.98805 g gross at 917/1000 fineness, which is 0.2354 troy ounces.
How is the British Gold Sovereign value calculated?+
We divide the coin's fine metal content by 31.1035 to get troy ounces, then multiply by the live gold spot price in your chosen currency. The result is the melt value, before any dealer premium.
Will a dealer pay the melt value?+
Buy-back offers usually sit slightly below melt for common coins and above melt for sought-after dates or grades. Use the melt value as your baseline when comparing offers.