Investment gold is tax-exempt according to § 6 Abs. 1 Zi 8j UStG.
Information about Gold Sovereign - 2024
The Sovereign is a very popular English gold coin. It dates back to 1817, when it was reintroduced to restore financial stability after the Napoleonic Wars. The Sovereign soon became a popular trade coin and, with Britain's growing international importance, gained a reputation as the “most important coin in the world”. It is minted from 22 carat gold and guaranteed to five decimal places, making it the most rigorously specified coin in the world. Each coin goes through a rigorous process to ensure it meets the Royal Mint's exact minting standard, so investors can buy with confidence.
To mark the historic occasion of Her Majesty The Queen becoming the first British monarch to celebrate a platinum jubilee, the Royal Mint has minted its prestigious Sovereign bullion coins with a new design by renowned numismatist Timothy Noad.
The design of the gold coin
The obverse features the classic design of Saint George and the Dragon by Benedetto Pistrucci, continuing the long-standing tradition of this motif on the Sovereign coin. Additionally, the year of minting, '2024,' is displayed below the design. The reverse shows the coin portrait of His Majesty the King. The portrait, designed by British sculptor Martin Jennings, was personally approved by the monarch. Surrounding the portrait are the inscriptions 'CHARLES III' and 'DEI-GRA-REX-FID-DEF' (By the Grace of God, King, Defender of the Faith).
The sovereign is issued as a 1 pound gold coin (weight: 7.98 grams and fineness: 916.67/1000) and as a ½ pound gold coin (weight: 3.99 fineness: 916.67/1000). Additionally, £2 and £5 Sovereign versions are available, but were primarily issued in coin sets.
Gold Sovereign 2024 - buying at philoro
We gladly offer expert consulting on buying and selling gold coins. Besides the Gold Sovereign, we offer a fine selection of prestigious gold coins from all around the world. We guarantee the highest level of quality as we only work together with worldwide authorized and established producers.
See our wide range of products for yourself: visit us in one of our stores or buy gold coins online. At philoro, you are certainly better advised!
