Minted in Llantrisant, South Wales, in 1979 under the reign of Elizabeth II, 50.000 coins were made in Proof quality (for collectors) and 9,100,000 in Bullion quality (for investment). The 1979 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 1979.
| . | USD | Dollar CAD | EUROS | CHF |
|---|---|---|---|---|
| S1979 Sovereign Eli. II 1979 B.E / Proof | 741 | 933 | 674 | 881 |
| S1979 Sovereign Eli. II 1979 VF/XF40 | 494 | 622 | 449 | 587 |
| S1979 Sovereign Eli. II 1979 Scrap value | 494 | 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 | 1979 mintage. |
| « The Royal Mint » in Llantrisant, South Wales, Great Britain. | Type: bullion coin. Production Years: from 1974 to 1984. | 1979 with 9,100,000 bullion coins and 50,000 coins in numismatist quality (BE / Proof) |
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.