Boxed Gold Proof Sovereign, Royal Mint, 2017 (Pre-owned)

UK Proof Gold Sovereign 2017

• 1 x Gold Sovereign dated 2017 presented in good condition
• #4057 of 13,050 (10,500 in this presentation)
• Celebrating 200 years of Benedetto Pistrucci's 'St George and the dragon'
• Presented in original wooden box with original numbered certificate of authenticity
• Sovereigns are constructed of 22 carat gold (91.76% pure gold and 8.33% copper)
• Sovereigns are legal tender in the UK, CGT exempt (UK)
• UK Government assurance of weight and purity
• Our prices are inclusive of insured delivery to a UK address
• Bleyer Bullion is an authorised retailer of Royal Mint products
• Image not of actual coin

Proof Gold Sovereign Coin Background

This Proof Gold Sovereign features a portrait of Queen Elizabeth II on the obverse, dating from 2017. Gold continues to be desired, as it has been for centuries, for both its beauty and value, sovereign coins are an affordable way to appreciate its precious qualities. Sovereigns are a staple of any UK bullion investors portfolio for many different reasons, issued as UK legal tender, each coin is meticulously struck by The Royal Mint from 22 carat gold. There are a few extra processes that lead to The Royal Mint being able to produce 'proof' sovereigns. This includes the dies being cleaned with air both before and after each coin, an 'expert' hand finishing the etching on the die before use and the coin is struck six times. Along with this, the dies are sharpened every few hundred strikes. As a result of this meticulous process, the rate of production sits at around 50 coins/hour. This is 1/600th of the amount of bullion grade coins that would be produced in the same time period. As well as being highly competitively priced, sovereigns are UK legal tender and hence Capital Gains Tax-free, which is an important factor to consider when choosing what to form of metal to buy. By purchasing UK coins eligible for CGT exemption you can avoid paying tax over the profit you make, the amount of this CGT free profit won't affect or decrease the limit of tax-free profit on your other investments either. This Gold Sovereign coin is presented beautifully in a wooden box and capsule in great condition, donned with The Royal Mint logo.

Sovereign Coin Design

Issued by The Royal Mint, Gold Sovereigns are one of the most popular and best known gold coins in the world. Gold Sovereigns are sought by both collectors and investors alike, they offer a sense of luxury, history and symbolism that no other coin can match. With its bold St George and the Dragon design, it has become an internationally recognised symbol of unrivalled accuracy, integrity and strength. To this day, it remains trusted, traded, respected and admired the world over. There have been Sovereigns in circulation since 1489 with the Half Sovereign being first produced in 1544 during King Henry VIII reign. The modern Sovereign Gold coin was first issued in 1817 when the sovereign replaced the Guinea, it became legal tender in the United Kingdom with a face value of £1 Sterling. These days, because the value of the gold used to create the coin is much higher than the face value, the price of the Sovereign is closely connected to the gold spot price which changes each day.

The Royal Mint Background

The Royal Mint is a national treasure, making beautifully crafted coins and medals for countries all over the world. Over a thousand years of craftsmanship and artistry ensures every piece they strike is a long-lasting piece of history. The Royal Mint is listed as an active Good Delivery Refiner by the London Bullion Market Association. Bleyer is the leading online bullion dealer for gold, silver, platinum, palladium and rhodium bars & coins. Based in the South West, Bleyer Bullion covers the whole of the UK by phone and online with their friendly, expert consultancy for bullion sales and storage options. Bleyer welcomes UK customers looking for a more personal, comprehensive and competitive physical precious metal dealer. Give our friendly team a call today on 01769 618618 to find the investment solution most suited to your needs.