Royal Mint Official Partner

Chards is an official partner of The Royal Mint, and our products are directly sourced from their mint headquarters in Llantrisant, Wales.

History of the Gold Sovereigns

The English sovereign was first issued as a gold hammered coin in 1489 for the King Henry VII. Designed by German engraver, Alexander of Bruchsal, the obverse featured the King in his coronation robes seated upon his throne, symbolising the power, success and splendour of the fledgling Tudor dynasty.

Although the first British gold sovereign was issued in 1489 for Henry VII, the modern gold sovereign was first struck in 1817 under George III. Issued with a nominal value of one pound, it was a circulation coin in Britain until the middle of World War I and abroad until 1932. The sovereign was reintroduced in 1957 as an investment coin to meet demand for gold bullion.

Today, the vast majority of British gold sovereigns showcase Benedetto Pistrucci's St George and the dragon design on the reverse, paired with various monarchs over time. Notably, following the passing of Queen Elizabeth II, His Majesty King Charles III now graces the obverse of the sovereigns, including the 2022 memorial sovereigns, the 2023 Coronation sovereigns, and the new 2024 sovereign range.

What Is a Proof Coin?

These proof coins are struck to a much higher standard than bullion coins. The blanks are struck up to 6 times each in order to give the coins the very best finish - meaning even the quarter Sovereign has an incredible amount of detail for such a small coin.

Proof coins are typically produced in limited quantities and may feature unique packaging, certificates of authenticity, or other distinguishing characteristics that set them apart from standard coins.

Due to their limited production and exceptional finish, proof coins generally command higher prices than regular coins of the same denomination and are highly prized by both collectors and investors.

Sell Your Sovereign Coins to Chards

Are you ready to sell your gold sovereign coins to Chards? We guarantee competitive rates to all sellers, whether you choose to visit us in our showroom, use our postal service, or opt for our distance buy-in service.

What Is Capital Gains Tax?

Capital Gains Tax (CGT) is a form of levies imposed on the profit garnered from the sale of assets, such as real estate, investments, and collectibles. In the United Kingdom, the present CGT allowance is £3,000 per annum per individual, which implies that one can earn up to £3,000 from the sale of assets prior to being subject to CGT. Read our CGT guide for more information to see what bullion coins are exempt from CGT and the ones which are.

Obverse

The obverse of the coins feature the Jody Clark fifth coinage effigy of Queen Elizabeth II.

The text reads:

ELIZABETH II DEI GRA REGINA FID DEF

Reverse

The reverse shows the iconic St. George and the Dragon by Benedetto Pistrucci. This design has been used since 1817 on the reverse of most dates of Sovereigns, with a few exceptions. The Royal Mint have digitally remastered them using the original tooling.

To the left of the date you can find a royal cypher mint mark. This commemorates the 200th year since the death of King George III.

Specification

Alloy:	22 carat gold
Fineness:	0.916
Obverse Designer:	Jody Clark
Reverse Designer:	Benedetto Pistrucci
Mint:	The Royal Mint
Limited Edition Presentation:	500
Finish:	Proof
Quarter Sovereign Diameter:	13.50mm
Quarter Sovereign Weight:	1.997g
Quarter Sovereign Actual Gold Weight:	0.0588 Troy oz
Half Sovereign Diameter:	19.30mm
Half Sovereign Weight:	3.99g
Half Sovereign Actual Gold Weight:	0.1177 Troy oz
Sovereign Diameter:	22.05mm
Sovereign Weight:	7.981g
Sovereign Actual Gold Weight:	0.2354 Troy oz
Double Sovereign Diameter:	28.40mm
Double Sovereign Weight:	15.98g
Double Sovereign Actual Gold Weight:	0.4708 Troy oz
Quintuple Sovereign Diameter:	36.02mm
Quintuple Sovereign Weight:	39.94g
Quintuple Sovereign Actual Gold Weight:	1.1771 Troy oz
Actual Gold Weight of Whole Set:	2.0599 Troy oz

2024 Christmas Opening Hours and Despatch Dates

General

Tuesday 24th December 2024 - Phone lines 9:30 - 14:00 (Last showroom appointment 12:00pm - Collections Only).
Wednesday 25th December 2024 - Wednesday 1st January 2025 - Closed (Urgent enquiries will still be answered during this time).
Thursday 2nd January 2025 - Normal Business Hours.
All orders placed between Friday 20th December 2024 and Wednesday 1st January 2025 will be despatched between 2nd - 5th January 2025.

Hatton Garden

Closed 20th December 2024 - 5th January 2025 inclusive.

Christmas Despatch 2024

Last despatch date for UKSTANDARD orders in time for Christmas – Monday 16th December.
Last despatch date for UKSPECIAL orders over £5,000 in time for Christmas – Thursday 19th December.
Last despatch date for UKSPECIAL orders below £5,000 in time for Christmas & UKSTANDARDS orders not in time for Christmas – Friday 20th December.

Internationals

Last despatch date for international orders in time for Christmas – Monday 2nd December.
Last despatch date for all internationals – Monday 16th December.

Distance Buy-Ins

Distance Buy Ins (DBI) – Last despatch date for DBI packaging – Packaging shipped out Monday 16th to arrive with customer Tuesday 17th to be collected by DPD Wednesday 18th to arrive with us Thursday 19th.

New Year

First despatch date in the New Year – Thursday 2nd January 2025.

Delivery Information

We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.

Orders over £60 - Fully Insured Delivery.

Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £6.

Orders under £60

Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.

If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.

For international delivery, please check with your local customs office for more information on custom duty and taxes.

Full delivery information can be found by clicking here.

Postal Insurance

We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.

Orders under £1500 there is no additional fee.
Orders over £1500 we charge a fee in order to cover the increasing costs of insurance. For every £1500 we apply a £1 fee.

If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.

Terms of Sale - Key Points

You can find more information on payment and identification requirements.

Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.

Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.

All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.

If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.

Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.

View our full Terms & Conditions.