![]() The sovereign was the largest hammered gold coin of the Tudor period, measuring approximately 1.6in (40mm) in diameter, 0.04in (1mm) thick and weighing around half an ounce (15.3g). ![]() ![]() The reverse shows the quartered shield of England upon a Tudor rose. It depicts the crowned king seated on a wooden throne, dressed in robes and holding an orb and sceptre. The coin was commissioned by him to be produced from October 28 1489, more than 500 years ago. Henry VII, the father of Henry VIII and grandfather to Elizabeth I, started the Tudor dynasty and was determined to cement his position. “One notable owner of the coin was the world-renowned banker JP Morgan, who owned the coin until his death in 1913, with subsequent sale in 1915.” “What makes this coin even more fascinating is that we can trace its ownership back to the 1800s. “The Royal Mint was originally based at the Tower of London, and this coin would have been hand struck on ‘Mint Street’ – which still stands today. “Our experts have checked and validated the coin, and there are just two left in private ownership – making this an incredibly exciting addition to a collection. “The survival rate of these gold coins is minuscule, and this particular coin is the earliest example of a gold sovereign that a collector can own. Rebecca Morgan, divisional director of collector services at the Royal Mint, said: “We are delighted to have acquired such a rare coin, which traces its history to the first Tudor king. Struck more than 500 years ago, the coin was created to assert the authority of the first Tudor king of England through its splendour, weight and size.īids will open at £950,000 when the sought-after coin is put up for auction early next month. The Henry VII fine gold sovereign of 20 shillings is the earliest gold sovereign a collector can own and there are only two examples in private ownership. ![]() Historic coin experts at the company sourced the Type 2 Henry VII sovereign, which is one of only a few in the world not held by a museum. Any promotions or discounts are applied to the premium above the precious metal price only and not on the metal price itself.By Press Association Share 4th February 2021Ī rare Tudor coin dating back 500 years is to be auctioned by the Royal Mint, with bids opening at £950,000. * Bullion product prices displayed include the precious metal price and any applicable premium. Historic financial performance of Bullion is not indicative of and does not guarantee future financial performance. Investments in Bullion should only be made as part of a diversified investment portfolio and investment advice should be sought before any investment is made. You should carefully consider the risks associated with investing in Bullion, taking into account your own individual financial needs and circumstances. Before making any investment decision, you may wish to seek advice from your financial, legal, tax and accounting advisers. As such, investments in Bullion involve a degree of risk, which may make them unsuitable for certain persons. Bullion markets can be volatile and the value of Bullion may fluctuate dependent on the market value of precious metals. Please note that certain products, storage and delivery services will be dependent on the type of account you hold. As an alternative, you may choose to store your investment in The Vault ® - our secure precious metal storage facility.Īll information contained on or available through this website is for general information purposes only and does not constitute investment advice. Gold bullion bars are also VAT free for UK residents.īullion coins and bars are eligible for free delivery throughout the UK. Our most popular bullion bar range features a beautiful interpretation of Britannia, and the intricate design adds an additional level of security to the bar. We also offer a wide range of gold, silver and platinum bullion bars which are available in a variety of weights, from one gram to four hundred ounces. All of our gold bullion coins benefit from VAT exemption for UK residents, while all our gold, silver and platinum coins are exempt from Capital Gains Tax for UK residents. Other popular ranges include The Royal Tudor Beasts, The Royal Arms & the Myths & Legends series. Our flagship bullion coins include The Sovereign, widely regarded as ‘the chief coin of the world’, and the iconic Britannia the most visually secure bullion coin ever made. Our bullion range includes all bullion coins and bullion bars available from The Royal Mint.
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