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Due, in part, to its convenient size, the gold sovereign is an extremely popular dealer choice for gold investors and collectors. Additionally, they are undeniably beautiful and, when compared to other similarly sized gold bullion coins, they boast relatively low premiums over their actual goal weight. Numerous countries have minted the gold sovereign and it is, today, traded and recognized all over the world. Some of these countries include Canada, India, Australia, South Africa, and England.
This coin has an actual fine gold content of .2354 ounces with a purity of 22 karats (.91666 fine gold), and a gross weight of just under 8 g.
For gold sovereigns, the initial reverse side was a crown and shield design with heraldic wreath augmentation. This design was followed by a portrayal of the dragon being killed by St. George. On British gold sovereigns, the same design is still in use. However, during reigns of other rulers, other reverse designs have also been used.
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