Gold Sovereign Value Based On Gold Content Anyone new to Sovereigns and seeking to determine a gold Sovereign value based strictly on bullion need to consider some key facts. Sovereigns are 22 karat gold bullion coins. In simple terms, you can think of the coin having one portion of copper to every 11 parts of gold. In the end, this alloy, which is called “Crown Gold,†yields a mix that is 92% gold and 8% copper. Due to the 22 karat nature of the coins based on the alloy, it’s important to bear in mind the actual gold weight relative to the gross weight of the coin. The typical coin is actually about 7.9881 grams. However, of that total, 7.3224 grams are actually gold. In troy ounce terms, that’s about 0.235421 troy ounces. Compared to an American Gold Eagle or South African Krugerrand, the Gold Sovereign value is determined with the knowledge that there is just under one-quarter of an ounce of gold in the coin. Again, this is only a look at the Gold Sovereign value based on gold content alone, and does nothing to factor into the coin any value based on rarity or other desirable qualities. Anyone used to thinking in troy ounce-sized coins will further be surprised to hear that there is also a “Half Sovereign.†As the name implies, the Half Sovereign holds half the gold content as the regular coin. So, Gold Sovereign value really depends greatly on the precise type of coin you’re talking about. And that only covers the bullion. Gold Sovereign Value Based On Age, Origin, Or Otherwise Gold Sovereign value can be determined in a number of ways. On the one hand, one can consider face value of gold coins in terms of denomination in native currency. For instance, an American Gold Eagle will have a face value stated in terms of U.S. Dollars. By contrast, some coins, like the South African Krugerrand, have no currency value. In this regard, the Gold Sovereign value is more akin to the Krugerrand. There is no stated currency value in terms of British Pounds. Gold Sovereigns can derive from one of two places. Of course, there are Sovereigns from the United Kingdom. These are the coins that were produced by the Royal Mint. The Gold Sovereign value for some of the earliest versions can be well over $10,000 US. With the notable UK influence in Australia, it’s not surprising to see that there are Australian Sovereigns. These are generally coming out of Adelaide, Perth, Melbourne, or Sydney. Remakably, some of these coins have increased in value by 1,000% or better, returns only recently seen in the rare earth metals. As with almost any item that is collected, Gold Sovereign value will be highest, all things being equal, where the coin is in a pristine minted condition. Excessive or readily apparent wear can decrease value. Chips or dings can certainly diminish value. If you’re looking mainly for bullion content, you may not be so concerned. But the nice thing is that the Gold Sovereign value can outpace the worth of just the plain bullion content, which gives you two angles for protecting your wealth with these gold coins.