Minted in Llantrisant, South Wales, in 1978 under the reign of Elizabeth II, 6,550,000 coins were made in Bullion quality (for investment). The 1978 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 1978.
| . | USD | Dollar CAD | EUROS | CHF |
|---|---|---|---|---|
| S1978 Sovereign Eli. II 1978 VF/XF40 | 494 | 622 | 449 | 587 |
| S1978 Sovereign Eli. II 1978 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 | 1978 mintage. |
| « The Royal Mint » in Llantrisant, South Wales, Great Britain. | Type: bullion coin. Production Years: from 1974 to 1984. | 1978 with 6,550,000 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.