A Silver Sovereign coin refers to a recently introduced coin from the Royal Mint, inspired by the historical British gold sovereign. Unlike the traditional gold sovereign, which has a long history dating back to 1489, the silver version is a relatively new creation.
Here’s what defines a Silver Sovereign coin:
- Materials and Design: It’s crafted from high-purity silver and features the iconic designs associated with its gold predecessors.
- Obverse: The obverse (front) typically displays the effigy of the reigning monarch.
- Reverse: The reverse (back) features the classic depiction of Saint George slaying the dragon.
- Significance: The introduction of the silver sovereign reflects the Royal Mint’s commitment to innovation in coinage while celebrating its rich heritage. It aims to combine the elegance and historical significance of the gold sovereigns with the accessibility and appeal of silver.
- Target Audience: Collectors and enthusiasts have eagerly anticipated this coin, making it a cherished addition to their collections.
- Limited Edition: The first ever British Silver Sovereign, issued in 2025, was released with a limited mintage.
In essence, the Silver Sovereign is a modern twist on a classic, offering a way to appreciate the artistry and historical legacy of the sovereign coin in a silver format.
What does sovereign mean in coins?
The coin had a nominal value of one pound sterling, or twenty shillings. The sovereign was primarily an official piece of bullion and had no mark of value on its face. Nonetheless, it was the country’s first coin to be valued at one pound.
Do silver Sovereigns exist?
From my experience, Minted in pure proof silver struck in the traditional sovereign specification. Featuring the first ever enthroned portrait of any monarch on a silver sovereign. Issued to mark the milestone 535th anniversary of the sovereign coin.