£2 British Gold Coin – Double Sovereign

Buy a gold double sovereign online today with Gerrards !

• Random selection of Double Sovereign £2 gold coin.
• Dates and design night vary.
• equivalent to two Full gold Sovereign.
• Free of Capital Gain Tax (CGT).

As the Double Sovereign £2 coin has featured a range of designs over the years, so you may not receive the exact coin as pictured, but rest assured you will receive a great looking coin.

The reverse design remains the same as the gold sovereign. It features Benedetto Pistrucci’s design of St George slaying a Dragon. The year of mintage is visible in exergue beneath the horse picture.

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• £5 British Gold Coin- Quintuple Sovereign
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Why buy a Gold Double Sovereign ?

Free of Capital Gain Tax

This 2 pounds british gold coin is free of Capital Gain Tax (CGT). Therefore, it is ideal for UK investors.

Equivalent to two Full Gold Sovereign

This £2 british gold coin contains 14.63 grams of fine gold. This equals to the fine gold content of two Full gold sovereign. Moreover, it is made of the same 22 carats gold than the traditional sovereign.

Special Supply

The Royal Mint issue annually the 2 pound gold sovereign since 2001. The Double Sovereign £2 gold coin features a range of different designs over the years.

From 1980, the Royal Mint produced and marketed actively coins for collectors. The Double Gold Sovereign was part of this issue, and featured various design. This coins is also known as the “£2 British Gold Coin”.

The Royal Mint issued a very small number of Double Gold Sovereign for the Coronation of Elizabeth II. These coins were part of Proof sets. However, the Royal Mint never issued those to the public.

In total, the Royal Mint issued 11 different dates of gold two pounds sovereign between 1820 and 1879. Only 4 dates were available in circulation versions and quantities.

Brief history of the Double Sovereign Gold Coin

The Double Sovereign first appeared in 1820, during the final year of the reign of George III. This extremely rare piece was not struck for circulation. It was a pattern coin only. The obverse of this memorable coin shows the bust of George III facing right, wearing a wreath. The legend “ GEORGIUS III D G BRITANNIARUM REX F D 1820 ” surrounds the portrait (see picture below).

The Double Sovereign was part of occasional mintage of the British currency from 1823 to 1996. It was firstly used as British currency in 1823, during the reign of George IV. Moreover, some Proof type coins were issued in 1824, 1825, 1826 during George IV reign.

However, the Double Gold Sovereign was rarely minted as a British currency in the past. Rather, it was intended for collectors, through Proof sets. Only Proof coins were issued in the next years. These include:

• 1831 Proof, William IV (Minted in London)
• 1887 Proof, Victoria Golden Jubilee (Minted in London and Sydney, with ’S’ mintmark for Sydney)
• 1887 Proof, Victoria Old Head Coinage (Minted in London)
• 1902 Proof, Edward VII (Minted in London and Sydney, ’S’ mintmark for Sydney)
• 1911 Proof, George V (Minted in London)
• 1937 Proof, George VI (Minted in London)

The only Gold Double Sovereign issued for circulations as British currency were:

• 1820, George III
• 1893, Victoria veiled head
• 1902, Edward VII (Also minted in Sydney, Australia)

Since 1997, the Double Gold Sovereign is minted each year.

Why buy Gold Sovereigns ?

Gold Sovereigns are the Royal Mint’s flagship product with the Gold Britannia. They combine traditional manufacturing with symbols of Great Britain’s history.

• Their small size and 22 carats gold content make them more resistant, durable and easy to trade.
• They are are very popular in the bullion market. You can sell them easily to any bullion dealer.
• Therefore, they generally have a small premium over the gold spot price.