1916 Gold Sovereign Coin London Rare

George V 

7.98 GRAMS OF 22 Carat Gold

Rated Rare

You will receive the coin pictured

Due to WW1 the government released £1 and 10 shilling notes to replace the Sovereign and half 

These notes started to replace the circulating gold coinage of the time

The Sovereigns minted meanwhile became a part of the Gold Reserve held by the Bank of England 

During WW1  the country's debts owed to the USA were considerable and there is little doubt that large quantities of these Sovereigns were used to pay these debts.

At the time it was illegal to hold Non USA Gold Coins so its almost certain that these coins were melted down.