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Great Britain Sovereign King Charles III Coronation

Out of stock
Tavex bullion is proud to introduce a historic piece from The Royal Mint - the Commemorative King Charles ... read more
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454,66 €
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Introduction

Tavex bullion is proud to introduce a historic piece from The Royal Mint - the Commemorative King Charles III Coronation Gold Sovereign. This gold coin carries unparalleled significance as the first ever to be produced for a British monarch's coronation.

Just as the Romans crafted a noble figure, Britannia, to symbolise their newly claimed province and its people, The Royal Mint has created an emblem to commemorate the crowning of our first 21st century monarch, King Charles III, on May 6th, 2023. This extraordinary event, last witnessed in 1953, now gets immortalised in a sovereign coin with a specially designed emblem, marking a first in over 200 years of gold sovereign history. The Coronation Emblem on the sovereign coin is a tribute to the King's affinity for nature and the unity of the United Kingdom. It combines the rose of England, the thistle of Scotland, the daffodil of Wales, and the shamrock of Northern Ireland, arranged in the form of the St Edward’s Crown. This novel design graces the King's coronation sovereigns, making them a unique and rare possession.

The obverse of the coin also holds significance. True to a tradition dating back to the Restoration in 1660, King Charles III faces the opposite direction to his mother, Queen Elizabeth II. This inaugural sovereign for a coronation, bearing the distinct 'Coronation Emblem,' is an unprecedented symbol of our new era under King Charles III.

Adding to its distinctiveness, the 2023 King Charles III Coronation Gold Sovereign is minted in limited numbers, with only 1,599 coins available. Furthermore, it is subject to our SELL OUT GUARANTEE which ensures that any unsold coins as of 31st July 2023 will be melted down, potentially making the final mintage even more exclusive. It's fascinating to note that King Charles III's mother, Queen Elizabeth II, did not have any sovereigns minted in her coronation year due to the austere post-war conditions. But now, in a world vastly different from that of Queen Elizabeth II's era, the coronation of King Charles III is not just a historic event but also an occasion that pioneers the issuing of commemorative gold sovereigns.

This gold sovereign, an homage to an event of such grandeur, mirrors the ethos of Britannia - embodying the spirit of the nation while honouring our longstanding traditions. Just like the Britannia gold bullions, a distinctive symbol of strength and tradition added to The Royal Mint’s Bullion portfolio in 1987, this sovereign will be a notable part of our rich national heritage.

Why Buy

  • Invest in a historic legacy with the commemorative King Charles III Coronation Gold Sovereign from The Royal Mint. As the mint's hallmark coin, the Sovereign has held its ground for over half a millennium. This commemorative version pays tribute to His Majesty The King, Charles III, whilst also honouring the reign of Her Late Majesty Queen Elizabeth II.
  • Sovereigns hold a special place in Britain's heritage. Not only do they symbolise the golden era of the British Empire, but they also stand as one of Britain's most cherished coins. Internationally, gold sovereigns are among the most recognised gold pieces in the world, making them a valuable addition to any collection.
  • With a deep and liquid market backing them, Sovereign gold coins are easily tradable. Over 700 million pieces have been minted since the 19th century, establishing them as a robust and trusted investment option.
  • Sovereigns are also legal tender in the United Kingdom. All gold sovereigns minted post-1837 are considered legal currency and are exempt from Capital Gains Tax in the UK. This makes them an attractive financial instrument for investors.
  • Sovereign gold coins can be likened to a secure form of savings. If you're a long-term saver who values the stability and security offered by owning tangible legal tender gold coins, a sovereign gold coin is an excellent choice.
  • Investing in sovereign gold coins is a strategic move for diversifying your portfolio. Given gold's low correlation with other financial assets, sovereign gold coins can serve as a hedge against market risk, ensuring a well-balanced and resilient investment portfolio.

Buying gold items means low risks and maintaining wealth

Gold's value has grown over the years making it good to maintain or grow wealth.

  • Product value (1pc)
    492,56 €
  • Buyback price
    454,66 €
  • Your risk now
    37,90 €

Fact: gold price in EUR has risen 104.78% in the last 10 years. The lowest price was 823,72 EUR/oz and the highest 1997,80 EUR/oz. Current world market price is 1921,75 EUR/oz

History

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The Royal Mint is one of the oldest and most respected government institutions of Great Britain. Its long operating history, by some estimates over 1100 years, and coupled with its production of many of the world’s most famous coins, like the gold sovereign, has contributed to making it one of the best known and renowned mints in the world. Since 1279 when the mint established its operation in the Tower of London, it has been responsible for the production of coins of the United Kingdom. Its reputation for excellence and trust was further reinforced when Sir Isaac Newton became Master of the Royal Mint. During his tenure at the Royal Mint, he was responsible for moving the British pound to the gold standard.

Today the Royal Mint is not only responsible for minting coins used for circulation in the UK, but is likewise producing official coinage for more than 60 countries in the world. However, the most important and renowned coin ever to come out of its minting presses has without doubt been the sovereign gold coin which even today is being produced at its minting facility in the town of Llantrisant, Wales, UK. The accuracy and quality of the modern gold sovereign coin is the same as it was two hundred years ago, containing 22 karats of fine gold and weighing exactly 7.98805 grams. The popularity of the gold sovereign has likewise not changed, as confirmed in 2014 when the Royal Mint ran out of 2014 sovereign gold coins due to exceptional demand. The gold sovereign is without doubt one of the foremost gold coins ever to be produced and the fact that almost 100,000,000 sovereigns gold coins have been minted since 1957 is a testament to their excellence and trustworthiness. The reputation of the gold sovereign coin as “the chief coin of the world” will live on for centuries, as savvy investors will always prefer to keep a portion of their wealth in gold coins which are secure, liquid and trustworthy.

Product weight in grams
7.98
Gold weight in grams
7.315
Fineness
916.7
Gold weight in troy ounces
0.2352
Diameter
22.05
Thickness
-
Face value description
1 sovereign
Manufacturer
The Royal Mint, United Kingdom

Obverse

The obverse features the Coronation Emblem, honouring King Charles III's admiration for nature and representing the unity of the four nations within the United Kingdom.

Reverse

The reverse displays an artistic rendition of King Charles III by Jody Clark, who is also the creator of Queen Elizabeth II's fifth (and concluding) coinage portrait.

Packaging

The sovereign coin is packaged in a protective and transparent Coin Capsule.

Secure and Fast delivery by Omniva/Latvian Expressmail courier

Your order is fully insured and delivered by Omniva or Latvian Expressmail courier. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is within 2–4 working days. The Omniva courier will contact you via phone. If you wish, you can also personally pick up your order at one of our offices in Riga the same day we receive your payment. In cases where we are unable to send your order right away, we will always inform you about the time delay.

Insurance

The package is fully insured and in the extremely unlikely event that the package is lost or damaged, we will re-ship the items or refund your money. Insurance costs depend on the value of your order (0,3% of the value).

Tracking

Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.

Secure and fast delivery by Omniva/Venipak parcel machine system

Your order is delivered by Omniva or Venipak to the parcel machine you choose in the shopping cart. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is within 2–4 working days. As soon as Omniva/Venipak deliver your order to the parcel machine, you will receive instructions by text message regarding the parcel machine. If you wish, you can also personally pick up your order at one of our offices in Riga the same day we receive your payment. In cases where we are unable to send your order right away, we will always inform you about the time delay.

Insurance

The package is fully insured and in the extremely unlikely event that the package is lost or damaged, we will refund the value of your order. Insurance is included in the delivery price.

Tracking

Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.

Secure international delivery within Europe

Your order is delivered by an international shipping company (Omniva/UPS/EMS). After we have received your payment, the products will be dispatched within 24 hours. The delivery time depends on your location, but usually it is up to 7-14 working days. We can provide you with delivery by courier right to your door or you can pick up your order at the nearest post office. If you wish, you can also personally pick up your order at one of our offices in Riga the same day we receive your payment. In cases where we are unable to send your order right away, we will always inform you about the time delay. We hold the right to cancel your order if delivery to your destination is not possible because of any additional risks, tax or other local law restrictions.

Insurance

The package is fully insured and in the extremely unlikely event that the package is lost or damaged, we will re-ship the items or refund your money. Insurance costs depend on the value of your order (0,3% of the value).

Tracking

Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.

Expected shipping cost

Tavex offers easy and secure shipping for all online orders. Take a look at the expenses.

Vast Stock Availability

The majority of Tavex’s products are always in stock and therefore Tavex can offer you quick delivery and same day pick-up with market leading prices. Tavex is an official partner of all the biggest mints in the world, such as the Perth Mint Australia, the Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., the gold bar market leader PAMP Suisse and Valcambi and other gold factories and dealers.

Same day pick-up and fast delivery

If you purchase gold online we can send out the products on the same day we receive the payment. So You will get purchased products during 1-3 days after payment received.
Feel free to visit our offices in Riga, Latvia during opening hours to have a free consultation or learn more about a specific product.

Low prices

Over 25 years on the market and large volumes have enabled us to offer you the best prices on the market. With Tavex, you can maximize return on your investment because of low margins and spreads.

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This item is out of stock and you can pre-order it now.

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