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British Gold Sovereign · Melt value · Gold spot

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British Gold Sovereign Price

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Pure content 0.2354 oz · 22k
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per coin (melt)

A British Gold Sovereign, minted since 1817, holds 0.2354 troy ounces of pure gold. The coin is 22-karat (91.67%) gold, weighing 7.99 grams, and its melt value is that content times the live gold spot price.

How the melt value is worked out

Melt value counts only the pure gold: 0.2354 troy oz × spot. The alloy metal is ignored, and the figure assumes a coin at full weight; worn coins can hold slightly less.

Frequently asked questions

How much gold is in a British Gold Sovereign?

0.2354 troy ounces of pure gold. The coin is 22-karat (91.67%) gold, weighing 7.99 grams.

Can a British Gold Sovereign be worth more than melt?

Yes. Melt value is the floor for a common, circulated coin. Scarce dates, mint marks and coins in high grades sell to collectors for well above their metal, so check a coin's date and condition before selling it for scrap.

What premium does a British Gold Sovereign usually carry?

Historically a British Gold Sovereign tends to trade about 4–12% over its melt value at retail, though premiums spike when demand is high and compress when it's quiet. Treat the range here as a guide, not a quote.

Is the melt value what I'll pay or get for a British Gold Sovereign?

No. Melt value is the intrinsic worth of the metal — live spot price times the coin's pure content. A dealer sells above melt (their premium) and buys slightly below it (their spread). The melt figure here is the honest baseline; actual retail and buy-back prices move with demand.