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Gold Sovereign Prices UK

A gold sovereign is worth

£832

Based on £113.70/gram gold price(Updated: 14/04/2026)

CGT-Free (Tax Exempt)VAT-Free Investment GoldUK Legal Tender

Gold sovereigns are one of the UK's most tax-efficient gold investments. As British legal tender, they are exempt from Capital Gains Tax (CGT) on any profits.

Taro Schenker
Taro Schenker · Updated 14 April 2026

Gold Sovereign Prices UK — Key Facts (March 2026)

  • A full gold sovereign is worth £832.28 today based on its gold content (7.32g of pure gold).
  • A half sovereign is worth £416.14 today (3.66g of pure gold).
  • Gold sovereigns are CGT-free (Capital Gains Tax exempt) for UK residents as they are British legal tender.
  • Sovereigns are 22 carat gold (91.67% pure) and weigh 7.98 grams. They have been minted by the Royal Mint since 1817.
  • Dealers typically pay 97-100% of spot value for gold sovereigns — higher than scrap gold due to their liquidity and collector demand.
  • Gold sovereigns are also VAT-free when purchased as investment gold in the UK.
Gold Sovereign Calculator

Total Value (Spot)

£832.28

Based on 7.32g pure gold

Sell Price

£798.99

4.0% below spot

Buy Price

£865.58

4.0% above spot

Gold Sovereign Types & Current Prices

Full Sovereign

7.98g total, 7.32g pure gold

Most Popular

We Buy

£798.99

Spot Value

£832.28

We Sell

£865.58

Half Sovereign

3.99g total, 3.66g pure gold

We Buy

£399.50

Spot Value

£416.14

We Sell

£432.79

Quarter Sovereign

1.997g total, 1.83g pure gold

Rare

We Buy

£199.75

Spot Value

£208.07

We Sell

£216.39

Gold Sovereign Weight & Specifications

Every gold sovereign is 22 carat (91.67% pure gold). Here are the exact specifications for each size:

Sovereign TypeTotal WeightPure GoldDiameterThicknessFace Value
Five Sovereign (£5)39.94g36.61g36.02mm2.83mm£5
Double Sovereign (£2)15.98g14.64g28.40mm2.13mm£2
Full Sovereign (£1)7.98g7.32g22.05mm1.52mm£1
Half Sovereign3.99g3.66g19.30mm1.02mm10s (50p)
Quarter Sovereign1.997g1.83g13.50mm1.00mm25p

The full sovereign is the standard size. All sizes are 22 carat (916.7 fineness). For a deeper dive, see our complete sovereign weight & value guide.

Sovereign Prices by Monarch

Victoria Sovereigns (1837-1901)

Young Head, Jubilee, Old Head

10-50% Premium

Edward VII (1902-1910)

Lower mintage years valuable

5-20% Premium

George V (1911-1932)

Common dates near spot

0-10% Premium

Elizabeth II (1957-Present)

Modern bullion sovereigns

Spot + 3-5%
Tax Benefits of Gold Sovereigns

Capital Gains Tax (CGT) Exempt

As British legal tender, sovereigns are exempt from CGT on profits

VAT Free

Investment gold including sovereigns is VAT exempt in the UK

Inheritance Tax Planning

Can be held in certain pension schemes and counted as chattels

Investing in Gold Sovereigns

Why Choose Gold Sovereigns?

Gold sovereigns are one of the most trusted gold coins globally, backed by centuries of history and The Royal Mint's guarantee. Their unique tax status makes them particularly attractive to UK investors. For a complete overview of all gold investment options, see our guide to investing in gold UK.

Key Investment Benefits

  • • Globally recognised and easily tradeable
  • • Fixed weight and purity guaranteed by The Royal Mint
  • • Small denominations allow flexible investment amounts
  • • Historic coins can gain numismatic value
  • • Physical asset outside the banking system

Storage Options

Home Storage

Home safe (£200-2000), ensure adequate insurance

Professional Vaulting

Bank or private vaults (£100-500/year), fully insured

Gold Sovereign Value by Year

How the melt value of a full gold sovereign has changed over the past 25 years (based on annual average gold price in GBP):

YearGold / Gram (24ct)Full Sovereign ValueChange
2000£5.80£42
2005£8.70£64+52%
2010£25.00£183+186%
2015£24.50£179-2%
2020£45.00£329+84%
2022£48.00£351+7%
2024£58.00£424+21%
2025£72.00£527+24%
Today£113.70£832Live

Values based on 7.32g pure gold content × average annual gold price. For comprehensive price history, see our UK gold price history guide.

Frequently Asked Questions

How much is a gold sovereign worth today?

A gold sovereign is currently worth approximately £832.28based on its gold content. Dealers typically buy at £798.99and sell at £865.58.

What is the weight of a gold sovereign?

A full sovereign weighs 7.98 grams total, containing 7.32 grams of pure gold (22 carat, 91.67% purity). Half sovereigns contain 3.66g pure gold.

Are gold sovereigns a good investment?

Gold sovereigns offer CGT exemption, global recognition, and proven liquidity. They're ideal for UK investors seeking tax-efficient gold exposure with the flexibility of small denominations.

Where can I sell gold sovereigns?

You can sell sovereigns to bullion dealers, coin shops, banks, or online dealers. Always compare prices - our dealer directory helps you find the best local prices.

Do all sovereigns have the same value?

While all sovereigns contain the same gold, older or rare dates command premiums. Victorian sovereigns often sell for 10-50% above gold value, while modern sovereigns trade closer to spot price.

How much does a gold sovereign weigh?

A full gold sovereign weighs exactly 7.98 grams (7.988g). Of this, 7.32 grams is pure gold — the rest is copper alloy that gives sovereigns their durability. A half sovereign weighs 3.99g (3.66g gold), and a quarter sovereign weighs 1.997g (1.83g gold).

How has the sovereign price changed over time?

Sovereign values have risen dramatically with gold prices. In 2000 a full sovereign was worth about £42. By 2010 it reached £183, by 2020 £329, and by 2025 it exceeded £527. The value tracks the price of the 7.32g of pure gold each coin contains.

Ready to Buy or Sell Gold Sovereigns?

Compare prices from trusted UK dealers. Get the best value whether buying for investment or selling your collection.

Taro Schenker

Taro Schenker

Founder & Market Researcher

Taro has been actively investing in precious metals and financial markets for over 15 years. Frustrated by the lack of transparent, accurate gold pricing information in the UK, he built London Gold Exchange as a data-driven resource for fellow investors. The site combines real-time market data, verified dealer information from 242+ UK businesses, and insights drawn from years of hands-on experience in the gold market.

  • 15+ years investing in precious metals & equities
  • Built verified database of 242+ UK gold dealers
  • Daily market data analysis and price tracking

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