A Gold Sovereign is a gold coin first issued in 1489 for Henry VII of England and still in production as of 2006 . The coin generally has a value of one pound sterling. The name "sovereign" related to the majestic and impressive size and portraiture of the coin, the earliest of which showed the king facing, seated on a throne, while the reverse shows the Royal coat of arms on a shield surrounded by a Tudor double rose. These 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 the standard; 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 (7.32 g), equivalent to 0.2354 Troy ounces
2006-11-19 08:41:47
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answer #1
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answered by snissari 2
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I am gobsmacked at the silly answers from people who do not understand the question. Magpyre thinks it's about trying to buy gold coins for a fiver (what?!?!?) and rebecca.suter seems to be all over the place, first saying there is no gold in £5 coins, then she admits that special gold ones do exist but still decides to describe the regular cupro-nickel coins which this question is not about (oh dear). It really is a simple question with a simple answer. Gold £5 coins are also known as quintuple sovereigns, meaning they are worth five sovereigns. So if a gold sovereign is worth £200 then a gold £5 coin is worth £1000, and yes they are 22ct gold the same as regular sovereigns.
2016-05-22 04:17:46
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answer #2
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answered by Anonymous
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On the fingers of chavs.
2006-11-19 08:41:40
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answer #3
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answered by Goofy Goofer Goof Goof Goof ! 6
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Mosty in bank vaults and coin collections.
2006-11-19 08:40:57
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answer #4
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answered by ffordcash 5
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Erm.....round the chav's neck maybe
2006-11-19 08:41:20
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answer #5
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answered by Katya-Zelen 5
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on the chavs fingers!
2006-11-19 08:40:52
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answer #6
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answered by emma m 4
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jewellers and antique shops...you can also get them from banks.
2006-11-19 08:42:35
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answer #7
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answered by ben b 5
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ask a chav,they'll know!
2006-11-19 08:50:03
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answer #8
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answered by Lou 3
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my moms got em
2006-11-19 08:41:49
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answer #9
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answered by Anonymous
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i melt them
2006-11-19 08:40:57
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answer #10
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answered by Anonymous
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