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Showing posts from November, 2022

HOW TO KNOW WHETHER A GOLD SOVEREIGN IS REAL

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Counterfeiting is rampant today. Worthy stuff is more vulnerable to counterfeiting. For a layman, it's hard to distinguish between real and fake. Thus while you are out to buy Gold Sovereign , you need to take either experts help or trade with a reputable dealer to avoid such ugly situations.  What Is A Gold Sovereign? A gold sovereign is a 22ct gold coin circulated in the UK. The maiden gold coin produced was during the period of Henry VII and his image was put on the coin on 28th October 1489. The images of monarchs are placed to demonstrate their power and wealth.   The practice continued up to the reign of James first, king of England and Scotland in 1603. The present sovereign bears no resemblance to the sovereign of that time. The current one was introduced in 1817 upon the battle of Waterloo when the country updated its coinage. The coin was about half the weight and diameter of the original Sovereign. The value of the original gold sovereign was minimal, just one po