Sell Your Gold Sovereign
Get the best price for your Gold Sovereigns. Compare trusted UK buyers, check live values, and sell with confidence.
Selling Gold Sovereigns in the UK
The Gold Sovereign is one of the most recognizable and traded gold coins in the world. Whether you have a modern proof coin or an old Victorian sovereign, there is always high demand from dealers and collectors.
- **Date & Mint Mark:** Rare dates or specific mint marks (like Sydney or Bombay) can command significant premiums over the gold value.
- **Condition:** While bullion sovereigns are valued on weight, 'Proof' or 'Uncirculated' coins are worth more to collectors.
- **Type:** Full Sovereigns (7.98g) and Half Sovereigns (3.99g) are the most common, but double and quintuple sovereigns also exist.
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Expert Tips for Selling Gold Sovereigns
💡 Check if your coin is a 'bullion' grade or a 'numismatic' (collectible) grade before selling.
💡 Don't clean your coins! Cleaning can reduce the value of collectible sovereigns significantly.
💡 Sovereigns are Capital Gains Tax (CGT) exempt in the UK, making them highly desirable for investors.
Frequently Asked Questions
A full Gold Sovereign contains 7.322 grams of pure gold. Its scrap value is calculated by multiplying this weight by the current spot price of gold. However, dealers typically pay a percentage of this spot price, or a premium if the coin is collectible.
Yes, because Gold Sovereigns are legal tender in the UK, they are exempt from Capital Gains Tax (CGT). This means you can sell unlimited quantities without being liable for CGT on the profits.
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Our guide to selling gold covers everything you need to know about the process, from valuation to payment.
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