The Sovereign 2024 Twenty Five Bullion Coin Tube
Bullion | 916.67 Fine Gold
Price: From £14,358.32
Total £14,580.17
£14,580.17 per unit
Product code: UKB24SVO
Our pricing* (estimated)
| Quantity | Unit Price |
|---|---|
1 | £14,580.17 |
2+ | £14,566.39 |
5+ | £14,421.71 |
10+ | £14,405.17 |
20+ | £14,390.01 |
50+ | £14,373.48 |
100+ | £14,358.32 |
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- Struck in 22 carat gold
- The reverse of the coin returns to Benedetto Pistrucci’s iconic St George and the dragon design
- The obverse features the official coinage portrait of His Majesty King Charles III, designed by Martin Jennings
- Finished to The Royal Mint’s bullion standard
- The weight and purity of each Sovereign coin is assured by Royal Proclamation
- Gold bullion coins produced by The Royal Mint are exempt from Value Added Tax and Capital Gains Tax
With a legacy spanning more than 500 years, The Sovereign has been associated with many British monarchs. For 2024, 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. The obverse of the 2024 Bullion Sovereign range features the official coinage portrait of His Majesty King Charles III, designed by Martin Jennings.
Known as the ‘chief coin of the world’, The Sovereign is struck in 22 carat gold, with its purity guaranteed to five decimal places, making it the most tightly specified coin in the world. Each bullion coin produced by The Royal Mint goes through a rigorous process to make sure they adhere to our strict bullion standard so that investors can collect with confidence.
The Sovereign 2024 bullion coin range also includes a Half-Sovereign, Double-Sovereign and Quarter-Sovereign.
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 2024 Twenty Five Bullion Coin Tube
| Specification | Value |
|---|---|
| Denomination | Sovereign |
| Alloy | 916.67 Fine Gold |
| Diameter | 22.05mm |
| Reverse Designer | Bendetto Pistrucci |
| Obverse Designer | Martin Jennings |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | 2024 |
| Pure Metal Type | Gold |
| Pure Metal Content | 25 x 0.235 Troy Oz |
| Fineness | 916.67 |
| Packaging | Coin Tube |
