The Sovereign 2022 Gold Bullion Coin
Bullion | 916.7 Fine Gold
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In 2022, Her Late Majesty The Queen will make history when she becomes the first British monarch to celebrate a Platinum Jubilee. Since 1952, the world has watched her grow from a young queen leading post-war Britain into an admired leader and great-grandmother. As the longest living reigning monarch in the world, The Queen has been a source of comfort and stability throughout the years.
To celebrate this unprecedented milestone moment, The Royal Mint have struck a new range of its prestigious Sovereign bullion coins featuring a new design by the renowned numismatic artist Timothy Noad. Known as the ‘chief coin of the world’, The Sovereign is struck in 22 carat gold and guaranteed to five decimal places, making it the most tightly specified coin in the world. Each coin has been through a rigorous process to make sure they reach The Royal Mint’s strict bullion standard, so that investors can collect with confidence.
- Please note we have now stopped all production of Sovereign 2022 bullion coins which feature the effigy of Her Late Majesty Queen Elizabeth II
- Struck in 22 carat gold
- Features an exclusive reverse design created for Her Late Majesty The Queen’s Platinum Jubilee
- The obverse bears the fifth definitive coinage portrait of The Queen
- Finished to The Royal Mint’s bullion standard
- The weight and purity of each Sovereign coin is assured by Royal Proclamation
- VAT free and Capital Gains Tax exempt for UK residents
The Sovereign 2022 bullion range also includes a Half-Sovereign, Double-Sovereign and Quarter-Sovereign bullion coin.
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 Sovereign 2022 Gold Bullion Coin
| Specification | Value |
|---|---|
| Denomination | Sovereign |
| Alloy | 916.67 Fine Gold |
| Reverse Designer | Timothy Noad |
| Obverse Designer | Jody Clark |
| Quality | Bullion |
| Specification | Value |
|---|---|
| Year | 2022 |
| Pure Metal Type | Gold |
| Pure Metal Content | 0.235 Troy Oz |
| Fineness | 916.67 |
| Packaging | Single Coin Capsule |
