The Half-Sovereign 2024 Gold Bullion Coin in Blister
- Struck in 22 carat gold
- The ‘chief coin of the world’ is finished to The Royal Mint’s bullion standard
- The reverse of the coin features the Benedetto Pistrucci’s iconic St George and the dragon design
- The obverse bears the official coinage portrait of His Majesty King Charles III
- Gold bullion coins produced by The Royal Mint are exempt from Value Added Tax and Capital Gains Tax
We are proud to present The Sovereign 2024 bullion coin range. This year, the coin returns to Benedetto Pistrucci’s iconic St George and the dragon design, accompanied with the official coinage portrait of His Majesty King Charles III.
First produced on behalf of Henry VII in 1489, The Sovereign has always had an association with the British monarchy. Often referred to as the ‘chief coin in the world’, this flagship coin has international appeal and each bullion coin produced by The Royal Mint undergoes a rigorous testing process to ensure investors can collect with confidence.
How are bullion prices calculated?
The 'buy' and 'sell' prices shown on the website represent the market value of raw vaulted metal in an 'unallocated' form. This is the standard way prices are quoted throughout the bullion industry. In order for The Royal Mint to deliver beautifully crafted precious metals products to your address, or to our vault, a number of processes must take place, all of which incur a cost. These processes include transportation, refining, minting, quality checking and merchandising.
The price at which The Royal Mint is able to sell bullion products to consumers is therefore made up of the 'spot price' (the buy price) plus an additional premium. The premium accounts for the costs incurred in manufacturing a particular product and is usually either a percentage of the buy price or a fixed monetary amount. In short, manufactured bullion products always sell at a premium to enable retailers and manufacturers to cover their costs.
Can I spend/pay using my bullion coins?
All UK coins, whether circulating or non-circulating, are authorised as “legal tender” by Royal Proclamation, in accordance with the Coinage Act of 1971.
Legal tender allows UK coins to be accepted for payment of debts in court – but, only circulating legal tender coins are designed to be spent and traded at businesses and banks. The Royal Mint creates commemorative and bullion coin series to celebrate key moments or individuals, and these are treasured for their collectable and aesthetic value, or purchased for investment opportunities. However, these non-circulating, commemorative and bullion coins are limited edition and will not enter general circulation – meaning banks and businesses are not required to accept them.
For more information on legal tender guidelines see: www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines
Specification
The Half-Sovereign 2024 Gold Bullion Coin in Blister
| Specification | Value |
|---|---|
| Denomination | Sovereign |
| Alloy | 916.67 Fine Gold |
| Diameter | 19.30mm |
| Reverse Designer | Bendetto Pistrucci |
| Obverse Designer | Martin Jennings |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2024 |
| Pure Metal Type | Gold |
| Pure Metal Content | 0.117 Troy Oz |
| Fineness | 916.67 |
| Packaging | Secure Blister Pack |
