2013 Gold Sovereign – India


The 2013 Gold Sovereign - India

In India in 2013 there was a large demand for gold coins. As India did not permit gold coins to be imported, the Royal Mint licensed the Indian/Swiss joint venture company MMTC-PAMP mint to strike new Gold Sovereigns. It was the first time India has minted gold sovereigns since 1918.

The Gold Sovereigns are minted with the quality control of the Royal Mint and are legal tender in the UK. There is an 'I' mint mark just above the date.

Benedetto Pistrucci's famous portrayal of St. George slaying the dragon is depicted on the reverse of the coin.

Queen Elizabeth II's fourth portrait can be seen on the obverse, designed by Ian Rank-Broadley.

These are bullion gold coins but are usually accompanied by with a deluxe presentation box.

Image credit: The Royal Mint


Mintage: Not known
Minted at India Mint (licensed by Royal Mint).
Remember 2013 ?
China Moon Rover Lands on Moon. Nelson Mandela Dies at 95. Margaret Thatcher Dies at 87. Pope Benedict XVI resigned.
Elizabeth II (1952-Present)
Queen Elizabeth II is the current and longest reigning monarch ever. Born on 21 April 1926 to King George VI and Elizabeth Bowes-Lyon, she became Queen in 1952 and her Coronation was on 2 June 1953.

Queen Elizabeth II has issued many coins and was monarch during decimalisation.
General Description: Sovereigns
The 2013 Gold Sovereign - India 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 2013 Gold Sovereign - India was minted at India Mint (licensed by Royal Mint).

The Obverse is the Monarch's head (Elizabeth II) 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: Elizabeth II

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 2013 Gold Sovereign - India , 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: India Mint (licensed by Royal Mint)
The Royal Mint minted Gold Sovereigns in India in 1918. In 2013 this is revived in due to there being a large demand for gold coins. India did not permit gold coins to be imported, so the Royal Mint licensed the Indian/Swiss joint venture company MMTC-PAMP mint to strike new Gold Sovereigns.

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.

There is also an on-line shop at The Royal Mint Shop.
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:
2013-I India Gold Sovereign - .2354 AGW - NGC MS 69 - SKU-G1372
2013-I India Gold Sovereign - .2354 AGW - NGC MS 69 - SKU-G1372
£ 512.27
2013I Great Britain India Gold I Sovereign NGC MS 69 #117839JR
2013I Great Britain India Gold I Sovereign NGC MS 69 #117839JR
£ 745.49
India 2013 I Proof Sovereign gold GL0106 combine shipping
India 2013 I Proof Sovereign gold GL0106 combine shipping
£ 748.82
2013I India Gold Sovereign NGC MS-69
2013I India Gold Sovereign NGC MS-69
£ 498.94
India 2013I Gold Sovereign MS69 NGC 3792419-048
India 2013I Gold Sovereign MS69 NGC 3792419-048
£ 457.29
India 2013I Gold Sovereign MS69 NGC 3792419-049
India 2013I Gold Sovereign MS69 NGC 3792419-049
£ 457.29
India 2013 I Gold 1 Sovereign Pound NGC GEM Proof
India 2013 I Gold 1 Sovereign Pound NGC GEM Proof
£ 499.77
India 2013 I Gold 1 Sovereign Pound NGC MS69
India 2013 I Gold 1 Sovereign Pound NGC MS69
£ 499.77

List of items on: