A Rare coin especially in this condition
7.98 GRAMS OF 22 Carat Gold
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.
|Fineness||0.9167 (7.3224 Gold content)|
|Alloy||22 carat gold|
|Reverse Designer||Benedetto Pistrucci|
|Obverse Designer||Edgar Bertram Mackennal|
|Packaging||Supplied in Lighthouse Coin Capsule|
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|Coin Weight||7.98 grams|
|Gold sovereign type||1916 Gold Sovereign coin|