The Sovereign Best Value Elizabeth II Fifth Head Gold Bullion Coin
Our best value gold Sovereign bullion coins offer you the chance to purchase the Elizabeth II, Fifth Head effigy, Sovereign bullion coin at the lowest price from The Royal Mint – the UK’s home of gold.
We will select a Sovereign coin dated between 2016 and 2023. Our best value Sovereign bullion coins are the most effective way to purchase a Sovereign within this date range. Coins minted within this date range would have been struck at The Royal Mint in Llantrisant or another active branch during this period of issue.
These coins have been produced in house for bullion purposes. The underlying value of this coin is determined by the overall metal content.
Please note, we have edited the above image of the coin reverse to not show a date. However, you will receive a coin of OUR choosing between the date ranges listed above.
If you are looking for a specific year dated or graded coin, click here.
Best Value bullion coins are randomly selected from the stock available at a single point in time. If you purchase multiple single-capsule Best Value bullion coins in a single order, you may receive bullion coins with a mix of designs and dates or the same dated bullion coin multiple times.
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 Best Value Elizabeth II Fifth Head Gold Bullion Coin
| Specification | Value |
|---|---|
| Denomination | Sovereign |
| Alloy | 916.67 Fine Gold |
| Diameter | 22.05mm |
| Reverse Designer | Benedetto Pistrucci or Timothy Noad (2022 Only) |
| Obverse Designer | Jody Clark |
| Specification | Value |
|---|---|
| Quality | Bullion |
| Year | Between 2016 and 2023 |
| Pure Metal Type | Gold |
| Pure Metal Content | 0.235 Troy Oz |
| Fineness | 916.7 |
| Packaging | Single Coin Capsule |
