FIRST EVER SILVER PROOF SOVEREIGN. DESIGNER OF THE MODERN SOVEREIGN. WITH ST GEORGE AND THE DRAGON. THIS IS THE BIGGEST RELEASE IN OVER. 500 YEARS FROM THE UK ROYAL MINT!!!!!
NO DECISION HAS BEEN MADE YET IF THIS. WILL BE AN EVERY YEAR MINTAGE OR. A 1 YEAR ONLY MINTAGE.THIS IS A PRE-SALE LISTING. HISTORY OF THE GOLD SOVEREIGN. THE SOVEREIGN IS ONE OF THE MOST WELL-KNOWN GOLD COINS IN THE WORLD. IT'S STORY BEGINS MORE THAN 500 YEARS AGO WITH THE RISE OF THE TUDOR DYNASTY AND INCLUDES PERIODS WHERE ITS FUTURE WAS FAR FROM CERTAIN. AS WELL AS BEING A RENOWNED BRITISH COIN.
THE SOVEREIGN BECAME SIGNIFICANT IN OTHER COUNTRIES AS BRITAIN DEVELOPED TRADE ROUTES AND EXPANDED ITS ECONOMY FROM THE EIGHTEENTH INTO THE NINETEENTH CENTURY. THE SOVEREIGN HAS A HISTORY THAT NO OTHER COIN STRUCK TODAY CAN MATCH. ENGLAND HAD CIRCULATING GOLD COINAGE FOR OVER 100 YEARS BEFORE THIS TIME, BUT THE COIN WAS TO BE THE LARGEST COIN EVER SEEN IN THE COUNTRY, BOTH IN SIZE AND VALUE, AND WAS TO BE CALLED A SOVEREIGN.
IT WAS STRUCK IN TURN BY EACH OF THE TUDOR MONARCHS, COMING TO AN END EARLY IN THE REIGN OF JAMES I, WHEN THE CROWNS OF ENGLAND AND SCOTLAND WERE UNITED. A SOVEREIGN WAS NOT TO APPEAR AGAIN FOR 200 YEARS.
FOLLOWING THE DEFEAT OF NAPOLEON AT WATERLOO A GREAT COINAGE REFORM WAS UNDERTAKING IN BRITIAN AND GOLD WAS ADOPTED AS THE "SOLE STANDARD MEASURE OF VALUE". AS THE GOLD STANDARD WAS INTRODUCED, A NEW GOLD 20 SHILLING COIN WAS CREATED AND GIVEN THE REVIVED NAME OF SOVEREIGN. ALMOST 1/2 THE WEIGHT AND DIAMETER OF THE ORIGINAL SOVEREIGN, THE NEW COIN OF 1817 MORE THAN MATCHED ITS PREDECESSOR IN THE BEAUTY OF ITS DESIGN. THE TRADITIONAL HERALDIC REVERSE WAS ABANDONED IN FAVOR OF A GREEK-INSPIRED ST GEARGE AND THE DRAGON BY THE ITALIAN ENGRAVER BENEDETTO PISTRUCCI, A DESIGN OF GREAT CLASSICAL BEAUTY AND WIDELY RECOGNIZED AS A MASTERPIECE OF NUMISMATIC ART. THE CHIEF COIN OF THE WORLD. AS THE BRITISH EMPIRE GREW AND TRADE EXPANDED IN THE NINETEENTH CENTURY, THE SOVEREIGN BECAME A TRUSTED COIN IN MANY PARTS OF THE WORLD. THE FIRST BRANCH MINT WAS ESTABLISHED IN SYDNEY IN 1853 (OPENING IN 1855), WITH OTHER BRANCHES FOLLOWING IN MELBOURNE (1872) AND PERTH (1899). GOLD SOVEREIGN S SYRUCK IN AUSTRALIA BECAME ESTABLISHED IN INDIA, AS IT WAS EASIER TO TRANSPORT THEM THERE AND ALSO BECAUSE OF THE DESIGN AND THE COLOR OF THE GOLD. SOVEREIGNS WITH THE SHIELD DESIGN (MORE PREVALENT ON THE BRANCH MINT COINS) WERE MORE POPULAR THAN THE THOSE DISPLAYING THE ST GEORGE AND THE DRAGON AND THE YELLOW COLOR OF THE GOLD WAS FAVOURED OVER THE REDDER COLOUR OF COINS MADE AT THE ROYAL MINT. AS IN MANY OTHER PARTS OF THE WORLD, PEOPLE IN INDIA TRUSTED THE SOVEREIGN, AS THEY KNEW IT CONTAINED A PRECISE AMOUNT OF GOLD. THE COIN WAS SEEN AS A STORE OF WEALTH AND WAS OFTEN GIVEN AS A GIFT, SOMETIMES BY BEING INCORPORATED INTO ITEMS OF JEWELLRY.BY THE 1880's, THE SOVEREIGN WAS CIRCULATING WIDELY IN INDIA, AS STATED BY C. THE AMOUNT OF THESE COINS IN INDIA MAY PROBABLY BE NUMBETED IN THE MILLIONS. SOVEREIGNS CAN BE SAID TO CIRCULATE IN INDIA IN THE SENCE THAT THEY DAIKY CHANGE HANDS.
IN 1917, AT THE REQUEST OF THE INDIAN GOVERMENT, ARRANGEMENTS WERE MADE FOR SOVEREIGNS TO BE MINTED IN INDIA ITSELF. THE BOMBAY MINT PROCLAMATION OF 21 DECEMBER 1917 AUTHORIZED THE ESTABLISHMENT OF A BRANCH OF THE ROYAL MINT, WHICH WAS CONSTRUCTED WITHIN THE GROUNDS OF THE EXISTING MINT AND WAS EQUIPPED WITH STRIKING BLANKS BY THE BOMBAY MINT. OVER ONE MILLION SOVEREIGNS WERE STRUCK IN 1918, DISTINGUISHED FROM THE OTHER SOVEREIGNS BY THE INCLUSION OF A SMALL "I" MINT MARK, BUT BY 1919 NO BLANKS WERE FORTHCOMING AND THE BRANCH MINT.