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GlossaryBullion
British Sovereign Coin
A historic 22-karat gold bullion coin minted by the UK Royal Mint weighing 7.988 grams.
Detailed Definition
The Sovereign is a globally recognized gold bullion coin first struck in 1489 and revived in 1817. Minted in 22K (91.67% purity), it contains exactly 0.2354 troy ounces (7.322 grams) of fine gold. It has historically circulated as trusted bullion currency across the Commonwealth and Middle East.
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