Royal Mint Official Partner

Chards is an official partner of The Royal Mint. Our 2024 Proof Sovereign Gold Coins, among other Royal Mint products, are sourced directly from their mint headquarters in Llantrisant, Wales.

The original RRP on these coins was £725.

2024 Proof Sovereigns

The 2024 sovereign range is ideal for collectors seeking the first sovereign coin showcasing the definitive coinage portrait of King Charles III, paired with the St George and the dragon design. Additionally, these sovereign coins offer financial advantages as they are exempt from capital gains tax and VAT-free.

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. 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?

A proof coin is a type of coin that is produced using a specific minting process that results in a highly polished surface and intricate design details. 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.

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.

For UK residents, bullion coins which are UK legal tender pound sterling coins are exempt from capital gains tax (CGT).

Obverse

The obverse shows a depiction of His Majesty King Charles III uncrowned, facing to the left, by Martin Jennings.

An inscription reads as the following:

· CHARLES III · DEI · GRA · REX · FID · DEF ·

Reverse

The reverse design features the traditional St George and the dragon design by Benedetto Pistrucci, depicting George valiantly slaying the dragon.

2024 B.P.

Specification

Metal	Gold
Diameter	22.05mm
Weight / Size	Full
Gold Weight Troy Ounces	0.235
Fineness / Carat	0.917 / 22
Mintage Figure	9,260
Issue Limit	7,500
Date	2024
Obverse Designer	Martin Jennings
Reverse Designer	Benedetto Pistrucci
Issuing Monarch	Charles III (2022 - Present)
Mint / Brand	The Royal Mint
Country	United Kingdom

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.

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.

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2024 Gold Proof Sovereign Coin