1837 Gold Sovereign


The 1837 Gold Sovereign

A crowned shield of the Royal Arms can be seen on the reverse of the coin, designed by Jean Baptiste Merlen.

King William IV’s portrait can be seen on the obverse of the coin.

Sovereigns issued from 1817 to 1837 are often described as ‘Early King’ sovereigns. King George III, King George IV and King William IV are all depicted on sovereigns minted during these years.

Image credit: CNG.


Mintage: 1,172,984 (may include coins in sets)
Minted at The Royal Mint.
Remember 1837 ?
The Monarch is King William IV until his death on 20 June. As none of his ten surviving children being legitimate the throne goes to his 18-year-old niece, Princess Victoria of Kent becomes Queen Victoria. The Prime Minister is William Lamb, 2nd Viscount Melbourne (Whig) and continues after the 18 August General election. Charles Dickens serialises Oliver Twist.

In the USA, the 7th President Andrew Jackson (D-Tennessee) ends his second term and on March 4 it is Martin Van Buren (D-New York). Richard Johnson becomes the only Vice President of the United States chosen by the Senate. Inventor John Deere starts his agricultural equipment business.
William IV (1830-1837)
William IV was King of the United Kingdom of Great Britain and Ireland and King of Hanover from 26 June 1830 until his death. He was the third son of King George III, born 21 August 1765. William married Adelaide of Saxe-Meiningen and had two daughters (Charlotte and Elizabeth) but was also known to have ten illegitimate children with actress Dorithea Jordan.

Note that on coins, William IV is often written as GULIELMUS IIII. William IV is sometimes known as the 'Sailor King'. On his death the throne passed to his niece, Victoria.
Category: Sovereigns
The 1837 Gold Sovereign is an example of the Gold Sovereign and is one of the most ubiquitous of all coins and much sought after by both coin collectors and bullion investors. Sovereigns have been minted since 1817 (in Britain 1817-1917, 1925 and 1957 on). At coins fairs you often hear the dealers refer to these coins as Sovs.

Besides being minted in Britain, Sovereigns have been made in Australia (Melbourne, Sydney, Perth), India (then Bombay, now Mumbai), Canada (Ottawa) and South Africa (Pretoria) although these regional mints have not made sovereigns since 1932 (although India has produced some recently in a private mint partnership with the Royal Mint). The non-British coins carry a small mintmark ('S','M','P','I','C' or 'SA') just above the date. This 1837 Gold Sovereign was minted at The Royal Mint.

The Obverse is the Monarch's head (William IV) and the Reverse is most often St George and the Dragon, although other backs have been used and are of interest to collectors. The Reverse often gives the Sovs a new term, like "ShieldBacks".

Specifications for the Gold Sovereign
 
  • Weight: 7.9881g
  • Diameter: 22.05 mm
  • Thickness: 1.52 mm
  • Purity: 22 carat = 91.67% (11/12ths gold, 1/12th copper. Adding copper makes the coin more scratch and dent resistant)
  • Gold Content: 113 grains = 7.3224 g = 0.2354 troy ounce
  • Face value: £1 = 20 shillings
  • Monarch: William IV

History

Up until 1604 there was a coin called the English gold sovereign and in 1816 when there was the "Great Recoinage" the name was revived. At that time standard gold (22 carat) was valued at £46 14s 6d per troy pound; this meant a £1 coin needed to weigh 123.2744783 grains or 7.988030269 g. The weight is still the same today.

As a historical note: to maintain the Gold Standard, in 1816 the value of silver was set at 66 shillings for one troy pound and silver coins were only legal for denominations up to £2.

The first sovereigns carried the head of King George III and the famous George and the Dragon design by Benedetto Pistrucci (29 May 1783 – 16 September 1855), an Italian engraver who became chief medallist at the Royal Mint.

With high value coins such as the 1837 Gold Sovereign, collectors and bullion investors often worry about forgeries but actually gold coins are very difficult to forge due to gold's unique properties of density and colour. Gold is extremely dense and to use another metal and gold-plate it would result in a coin that is under-weight, over-diameter or half as thick, something that would be spotted very easily. More difficult to spot would be a bullion coin melted down and re-cast as a highly collectable date, but an expert can usually tell these too. You should always use reputable dealers.

Which Mint: The Royal Mint
The Royal Mint is the designated place for the UK to mint coins. It dates back well over 1000 years and is a Government-owned company. 

Formed in the reign of Alfred the Great about the year 886, during the period 1279-1812 it was generally referred to as The Tower Mint as it was housed at the Tower of London. The Master of The Royal Mint has included famous figures such as Sir Isaac Newton.

Since 2010 it has operated as Royal Mint Ltd, a company owned by HM Treasury, under an exclusive contract to supply all coinage for the UK although it also produces medals and coins for other countries. It is currently located at Llantrisant, Wales.
Country of Origin: United Kingdom
The United Kingdom (UK) is the Union of England, Scotland, Wales and Northern Ireland. It is often refered to as Great Britain (GBR). It has a long, rich history.

The orignal coinage was Pounds, Shillings and Pence but since decimalisation on 15 February 1971, it is £1 = 100p, that is One Pound = 100 pence. The coinage of the UK is also a long history, the Royal Mint being established as long ago as 886AD when coins were hammered. Today there is perhaps 30 billion coins in circulation, and many (numismatic) collectors coins and sets are issued frequently in gold, silver and other metals.
If you don't see a coin in the list below try the Sovereigns page on eBay UK
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List items on:

RARE 22ct GOLD VICTORIA DIAMOND JUBILEE CASED MEDAL COIN MEDALLION 1837 - 1897
RARE 22ct GOLD VICTORIA DIAMOND JUBILEE CASED MEDAL COIN MEDALLION 1837 - 1897
£ 895.95
Scare 1837 Full Gold Sovereign William IV IIII (1830-37) Second Bust
Scare 1837 Full Gold Sovereign William IV IIII (1830-37) Second Bust
£ 1,350.00
KING WILLIAM THE IV 1837 GOLD SOVEREIGN...
KING WILLIAM THE IV 1837 GOLD SOVEREIGN...
£ 2,650.00
UK/Australia Sovereign 1893 M Gold ""Victoria 1837-1901" Vz *RARE
UK/Australia Sovereign 1893 M Gold ""Victoria 1837-1901" Vz *RARE
£ 556.90
Sovereign 1872 - 1901 Victoria Shield Back and George and Dragon 22ct GOLD
Sovereign 1872 - 1901 Victoria Shield Back and George and Dragon 22ct GOLD
£ 449.99
1887 Victoria  Gold Double Sovereign with Lustre - NGC - MS61
1887 Victoria Gold Double Sovereign with Lustre - NGC - MS61
£ 1,450.00
Deluxe red velvet padded sovereign case for 10 full gold sovereign
Deluxe red velvet padded sovereign case for 10 full gold sovereign
£ 9.99
George IV, gold sovereign 1829
George IV, gold sovereign 1829
£ 900.00

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