We are buyers of any gold item, bits of broken chain, old bent rings, watches working or not
Gold Sovereigns are a gold coin first issued in 1489 for Henry VII of England and still in production today. While the coin typically had a nominal value of one pound sterling or 20 shillings, the sovereign was primarily an official piece of bullion with no mark of value anywhere on the coin itself.
Original sovereigns were 23 carat (96%) gold and weighed 240 grains or one-half of a troy ounce (15.6 grams). Henry VIII reduced the purity to 22 carats (92%), which eventually became and remains the gold coin standard in both England and the U.S., the weight of the sovereign was repeatedly lowered until when it was revived after the Great Recoinage law of 1816, the gold content was fixed at the present 113 grains (7.322 g), equivalent to 0.2354 Troy ounces.
In addition to the sovereign, the Royal Mint also struck 10 shilling coins Half sovereigns, two pound double sovereigns, and five pound quintuple sovereigns coins. Only the sovereign and the half sovereign were commonly struck for circulation. In 2009, The Royal Mint released a new coin in sovereign series, a quarter-sovereign.