1929 Gold Sovereign South Africa


The 1929 Gold Sovereign - South Africa Mint.

The Reverse of the coin depicts Benedetto Pistrucci’s famous portrayal of St George slaying the dragon on the reverse of the coin. SCBC: 4005.

The small letters 'SA' above the date indicates the sovereign was produced at the Pretoria Branch of the South Africa Mint.

The edge is milled.

The Obverse shows the Small Head portrait of King George V (on the legend Latin spelling as GEORGIVS V). The obverse was designed by Bertram Mackennal (initials B.M. at base of head).

Image credit: Museums Victoria


Mintage: 12,000,000 (may include coins in sets)
Minted at The South African Mint.
Remember 1929 ?
In UK: Monarch is King George V. Prime Minister is Stanley Baldwin (Conservative) until 5 June then its Ramsay MacDonald (Labour). Margaret Bondfield becomes the first female Cabinet member. Age of Marriage Act 1929 raises the age of marriage to 16 (it was 14 for males, 12 for females). The first Tesco store opens in Middlesex.
In USA: President is Calvin Coolidge (R-Massachusetts), then on March 4 it is Herbert Hoover (R-California). Start of the Great Depression after the Wall Street Crash of 1929. It's the St. Valentine's Day Massacre. The San Francisco Bay Toll-Bridge opens, it is the World Longest bridge in the world. First ever Academy Awards held.
George V (1910-1936)
George V was King of the United Kingdom and the British Dominions, and Emperor of India, from 6 May 1910 until his death in 1936 and was King during World War 1. George was the second son of Albert Edward, Prince of Wales (later King Edward VII), and grandson of Queen Victoria. After his death he was succeeded by his eldest son, Edward VIII.

In 1919-20, the Silver price rose dramatically so .925 silver coins began to made in 0.500 siver. Gold Sovereigns were produced in large quantities early in George's reign - over 30 million in 1911 and again in 1912, although there was no bullion sovereigns issued 1918-1924 (Commonwealth mints did continue mintage).
General Description: Sovereigns
The 1929 Gold Sovereign South Africa 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 (Ottowa) and South Africa (Pretoria) although these regional mints have not made sovereigns since 1932. The non-British coins carry a small mintmark ('S','M','P','I','C' or 'SA') just above the date. This 1929 Gold Sovereign South Africa was minted at The South African Mint.

The Obverse is the Monarch's head (George V) 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: George V

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 1929 Gold Sovereign South Africa, 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 South African Mint
The South African Mint Company Limited is the official mint of the Republic of South Africa. Headquarters are in Centurion, Gauteng Province near Pretoria. The mint manufactures coins on behalf of the South African Reserve Bank
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

List of items on:

UK On eBay UK:
Full Gold Sovereign - King George V - 1929 22ct - South Africa (SA)
Full Gold Sovereign - King George V - 1929 22ct - South Africa (SA)
£ 500.00
PCGS MS63 1929 SA South Africa George V Gold Sovereign
PCGS MS63 1929 SA South Africa George V Gold Sovereign
£ 556.09
1929 Gold Sovereign - King George V - SA
1929 Gold Sovereign - King George V - SA
£ 508.04
[#854314] Coin, South Africa, George V, Sovereign, 1929, AU(50-53), Gold, KM:A22
[#854314] Coin, South Africa, George V, Sovereign, 1929, AU(50-53), Gold, KM:A22
£ 485.00
1929-SA South Africa George V Gold Sovereign Coin 1S Certified NGC MS63 (BU UNC)
1929-SA South Africa George V Gold Sovereign Coin 1S Certified NGC MS63 (BU UNC)
£ 609.08
PCGS MS63 1929 SA South Africa George V Gold Sovereign
PCGS MS63 1929 SA South Africa George V Gold Sovereign
£ 532.09
1929 George V Small Bare Head Gold Full Sovereign (SA) NGC Graded UNC Details,
1929 George V Small Bare Head Gold Full Sovereign (SA) NGC Graded UNC Details,
£ 595.00

List of items on: