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<p>[QUOTE=&quot;PaddyB, post: 1583593, member: 40017&quot;]British Sovereign coins were in general circulation with a value of One Pound until 1917 when we came off the Gold Standard. Since then they have been issued occasionally as commemorative coins, and more recently just as bullion coins. They were first issued in 1817 when we switched from the Guinea and its fractions, that had been in use until then. See <a href="http://en.wikipedia.org/wiki/Sovereign_%28British_coin%29" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Sovereign_%28British_coin%29" rel="nofollow">http://en.wikipedia.org/wiki/Sovereign_(British_coin)</a> for much more info.</p><p><br /></p><p>Prices vary enormously - all will start at the gold value, and then will go up from there depending on date and scarcity, with the top end being in the many thousands of pounds range!</p><p><br /></p><p>When buying modern issues, bear in mind that for many years there are both bullion issues, which go at bullion value, and proof issues, which go at a premium above bullion.</p><p><br /></p><p>From a coin collectors point of view, there are a good number of varieties in design to make them interesting. but if you are only interested in them as bullion, stick to the modern issues, or those from 1912 to 1916 which come up in large numbers at bullion cost.</p><p><br /></p><p>Paddy[/QUOTE]</p><p><br /></p>

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