Minted in London in 1974 under the reign of Elizabeth II, 5,002,566 coins were made in Bullion quality (for investment). The 1974 Elizabeth II Sovereign with the Second Portrait (1974 to 1984) are now VAT free in UK and provided they were minted after 1817, free from Capital Gains Tax. They also are VAT free in European Union, the sovereigns meeting the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC of 28 November 2006 (special scheme for investment gold).
Sovereign gold price 1974.
| . | USD | Dollar CAD | EUROS | CHF |
|---|---|---|---|---|
| S1974 Sovereign Eli. II 1974 B.E / Proof | 741 | 870 | 674 | 881 |
| S1974 Sovereign Eli. II 1974 VF/XF40 | 494 | 622 | 449 | 587 |
| S1974 Sovereign Eli. II 1974 Scrap value | 460 | 580 | 419 | 547 |
| Diameter (mm) | Weight (gr) | Thickness (mm) |
| 22,05 mm | Gross weight: 7,99 Gr Fine Gold: 7,32 Gr | 1,52 mm |
| Edge and Orientation. | Millesimal fineness. | Composition. |
| ➣ Milled ➣ Medal alignment ↑↑ | 22 carat; 917 ‰ | 90% gold and 10% copper |
| Mint and Mintmark | Financial Features | 1974 mintage. |
| « The Royal Mint » in Tower Hill, Great Britain. | Type: bullion coin. Production Years: from 1974 to 1984. | 1974 with 5,002,566 bullion coins. |
From 1816 to the present the specifications have been constant (7.9881 grams of 917 fine (22 kt) gold, 22.05 mm. diameter), helping to make these among the world’s most popular gold coins. Plus you will own beautiful coins that have historic and aesthetic value to insure your wealth and provide a tangible asset that has world wide liquidity.