Sovereign Coin

  1. Sovereign Coin Definition
  2. Guinea Coin
Coin

Sovereign Coin Definition

CoinSovereign 1916

A circular gold coin (22 mm diameter with milled edge) featuring a bare head of George V facing left; below, the artist's initials B.M.; around, GEORGIVS V D.G. BRITT: OMN:REX F.D. IND:IMP:.

On the reverse St. George on horseback holding short sword and wearing a helmet, cape and boots, the horse rearing over dragon whose side is pierced by a broken lance, the haft of the lance is on the ground behind the horse; the date, 1916 and artist's initials B.P. in exergue; the mint mark (if any; coins minted at the Royal Mint in London do not have a mint mark) in ground line above middle of date.

MintMint markTotal Mintage
Perth MintLetter P4,096,771 (4.1 million)
Royal Mint LondonNo mint mark1,554,120 (1.6 million)
Melbourne MintLetter M1,272,634 (1.3 million)
Sydney MintLetter S1,242,000 (1.2 million)
Royal Mint OttawaLetter C6,111
Obverse

Head of King George V facing left; on neck truncation, the artist's initials B.M. (for Bertram Mackennal); around, GEORGIVS V D.G. BRITT: OMN: REX F.D. IND: IMP:

Obverse InscriptionGEORGIVS V D.G.BRITT: OMN: REX F.D.IND:IMP:
Reverse

St. George on horseback holding short sword and wearing a helmet, cape and boots, the horse rearing over dragon whose side is pierced by a broken lance, the haft of the lance is on the ground behind the horse; the date, 1916 and artist's initials B.P. in exergue; the mint mark (if any) in ground line above middle of date.

Reverse Inscription1916
EdgeMilledEdge InscriptionNone
Notes

Ottawa Mint sovereigns do not seem to be listed in Krause catalogues.

In August 1916, as a direct result of World War I, the Department of the Treasury notified the Melbourne Branch of the Royal Mint that from that date all gold deposited was to be paid for by cheque instead of gold coin. All gold produced in Australia would henceforth become the property of the Commonwealth. It would continue to be struck into sovereigns but these would be delivered to the Treasury.

Guinea Coin

As you read this article, a standard, bullion grade gold sovereign is currently worth about £ 310.50. ($ 465.63 / € 386.39 ).However, some sovereigns are worth much, much more than this. Half Sovereign 2021 Gold Proof Coin more info. AUS $ 527.27 US$ 404.86. Australia Sovereign 2021 Gold Proof Coin more info. AUS $ 904.55 US$ 694.56. Sign up to our coin collector. Australia Sovereign 2021 Gold Proof Coin more info. AUS $ 904.55 US$ 694.56. The Complete 1902-1910 Sovereign Collection more info.