The sovereign is a Gold coin; it has a nominal value of One pound Sterling but in practice is used as a bullion coin.
It was named after the hammered Sovereign which was last minted in 1604, the name was revived with the Great Recoinage of 1816. The minting of these began in 1817, they have weighed around 8 grams to this day. Sovereigns were minted in the United Kingdom from 1817 to 1917 from 1925 and from 1957.
The Royal mint has issued proof issues aimed at collectors since 1979 and Australia, India, Canada, and South Africa have also occasionally minted the coins.
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