We buy and sell gold and silver bullion of all types. We have a large selection of gold and silver coins for sale, we offer a pre-order gold and silver bullion service, which allows you to lock in a price when you purchase any item, we can then arrange delivery for you at your convenience. We regualry trade in fine silver bars, gold sovereigns and Krugerrands, however we have access to a large array of specialist bullion which you are able to pre-order. Call in today and speak to one of our bulllion specialists or call us on 01226 283 413
Sovereigns minted since 1817 have been produced according to the coin act of 1816:
Weight: 7.988052 g (calculated from original definition; the coin act of 1971 adjusted the standard to exactly 7.98805 g.
Thickness: 1.52 mm
Diameter: 22.05 mm
Fineness: 22 carat = 916⅔ / 1000 (± 2/1000
Gold Content: 7.322381 g = 0.235420 (exactly: 1320/5607) troy ounces or 113.0016 grains (original definition; actual gold content may differ due to allowed tolerances and abrasion,
The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling. Prior to 1932 it was a fully circulating coin within Britain's then Gold Standard currency. Today it is used as a bullion coin and is sometimes mounted in jewellery.
Named after the English gold sovereign, last minted in 1604, the name was revived with the Great Recoinage of 1816. Minting these new sovereigns began in 1817. The gold content was fixed by the coin act of 1816 at 1320/5607 (0.235420) troy ounces (7.322381 g), nearly equivalent to 113 grains. This weight has remained practically constant to the present day (some minute changes have resulted from its legal redefinition in the metric system of weights).
Sovereigns have been minted in the United Kingdom from 1817 to 1917, in 1925, and from 1957 to the present. In the past Australia, Canada, and South Africa all occasionally minted the coins. Today, they are minted at the Royal Mint in Llantrisant, Wales, and under licence by MMTC-PAMP near Delhi, India.
In addition to the sovereign, the Royal Mint also struck ten-shilling half sovereigns, two-pound double sovereigns, and five-pound quintuple sovereign coins. Only the sovereign and the half sovereign were commonly struck for circulation.
In 2009, The Royal Mint released a new coin in the sovereign series: the quarter-sovereign, similar in some ways to the original gold English crown of the rose.
A Gold bar, also called a gold ingot or gold bullion, is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping.
Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets.
The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar.
The kilobar, which is 1000 grams in mass (32.15 troy ounces), is the bar that is more manageable and is used extensively for trading and investment. The premium on these bars when traded is very low over the spot value of the gold making it ideal for small transfers between banks and traders. Most kilobars are flat, although some investors, particularly in Europe, prefer the brick shape.
The Krugerrand is a South African gold coin, first minted in 1967 to help market South African gold and produced by the South African Mint. By 1980 the Krugerrand accounted for 90% of the global gold coin market. The name itself is a compound of "Kruger" (the man depicted on the obverse) and "rand", the South African unit of currency. During the 1970s and 1980s some Western countries forbade import of the Krugerrand because of its association with the apartheid government of South Africa. The Krugerrand today is a popular coin among collectors.
Production levels of Krugerrands significantly varied during the last 50 years. During the period 1967-1969 around 40,000 coins were minted each year. In 1970 the amount rose to 211,018 coins. Over one million coins were produced in 1974 and in 1978 a total of six million Krugerrands were produced. Following the end of apartheid the production dropped to 23,277 coins in 1998 and since then levels have increased again, albeit not reaching pre-international sanction levels.
From 2013 the gold coins have a millesimal fineness of .9999 (or 24 carat gold). Until 2012 the gold coins have a millesimal fineness of .917 (91.7% or 22 carat gold) with the non-gold component being copper until 1989 and silver from 1990.
2013 Gold Britannia specifications (gold content, and approx total weight)
Five ounces: diameter 65 mm, (156.295 g)One ounce: diameter 32.61 mm, (31.104 g)Half ounce: diameter 27 mm, (15.60 g)One quarter ounce: diameter 22 mm, (7.86 g)One tenth ounce: diameter 16.50 mm, (3.13 g)One twentieth ounce: diameter 12 mm, (1.58 g)
1987-2012 Gold Britannia specifications (gold content, not total weight)
One ounce: diameter 32.69 mm, (31.104 g) (total wt 34.050 g)Half ounce: diameter 27.00 mm, (15.552 g)Quarter ounce: diameter 22.00 mm,(7.776 g)Tenth ounce: diameter 16.50 mm, (3.110 g)
Britannia coins are British bullion coins issued by the Royal Mint in gold since 1987 and in silver since 1997.
Britannia gold coins contain one troy ounce of gold and have a face value of £100. Gold Britannias also are issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of £50, £25, and £10 respectively. In 2013 two additional sizes were introduced, a five ounce coin of face value £500, and a fractional size of one-twentieth of face value £5.
Britannia silver coins contain one troy ounce of silver and have a face value of £2. Silver Britannias also are issued in fractional sizes of one-half, one-quarter, and one-tenth of a troy ounce and with face values of £1, 50p, and 20p respectively. Like the gold coins in 2013 two additional sizes were introduced, a five ounce coin of face value £10, and a fractional size of one-twentieth of face value 10p.
Canadian Gold Maple Leaf
The Canadian Gold Maple Leaf is a gold bullion coin that is issued annually by the Government of the Dominion of Canada. It is produced by the Royal Canadian Mint.
The Gold Maple Leaf is legal tender. The face value is 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold. Having a .9999 millesimal fineness (24 carats), in some cases .99999, the coin is among the purest official bullion coins worldwide. The standard version has a weight of 1 troy ounce (31.10 grammes). Other sizes and denominations include 1 gram, 1⁄25 oz. ($0.50), 1⁄20 oz. ($1), 1⁄10 oz. ($5), 1⁄4 oz. ($10), and 1⁄2 oz. ($20).
The Gold Maple Leaf's obverse and reverse display, respectively, the profile of Elizabeth II and the Canadian Maple Leaf. In 2015, new security features were introduced: radial lines and a micro-engraved laser mark.
On 3 May 2007, the Royal Canadian Mint unveiled a Gold Maple Leaf coin with a nominal face value of $1 million and a metal value of over $2 million. It measures 50 cm in diameter by 3 cm thick and has a mass of 100 kg, with a purity of 99.999%. The artist is Stanley Witten.