British Gold Sovereign Melt Value
A British Gold Sovereign contains 0.2354 troy oz of pure gold (7.988 g × .9167). At $4,147/oz gold, its melt value is about $976.41. Dealers quote bullion as a premium or discount to melt.
Values above refresh with the October 19, 2026 spot price.
British Gold Sovereign specifications
| Years | Fineness | Gross weight | Pure gold | Diameter | Face value |
|---|---|---|---|---|---|
| 1817–present | .9167 (91.67%) | 7.988 g | 7.323 g (0.2354 oz t) | 22.05 mm | 1 Sovereign |
The Royal Mint's gold sovereign, struck in its modern form since 1817, most years with Benedetto Pistrucci's St George and the dragon. It is 22-karat gold: 7.988 g holding 0.2354 oz of pure gold.
How the melt value is calculated
Melt value = gross weight × fineness ÷ 31.1035 × spot price. For the British Gold Sovereign: 7.988 g × .9167 = 7.323 g of pure gold. Divide by 31.1035 grams per troy ounce to get 0.2354 oz, then multiply by $4,147 spot: about $976.41.
Melt value by quantity
| Quantity | Pure gold | Melt value |
|---|---|---|
| 1 coin | 0.2354 oz t | $976.41 |
| 5 coins | 1.1771 oz t | $4,882 |
| 10 coins | 2.3543 oz t | $9,764 |
| 20 coins | 4.7085 oz t | $19,528 |
| 25 coins | 5.8857 oz t | $24,410 |
| 100 coins | 23.5427 oz t | $97,641 |
Melt value vs collector value
The British Gold Sovereign is a bullion coin, so its price tracks the gold spot price. Buyers and sellers usually quote it as a premium over (or a discount to) melt value, and that premium depends on the dealer, the year and the coin's condition. Special and proof versions can sell for more. Melt value is the number to anchor on: it's what the metal alone is worth today.
Related coins
More: Gold melt value explained · How to sell gold and silver coins · How to track a precious metals stack · Free melt calculator · All coin melt values
Specs: Nu Stack coin database (curated entries and the Numista catalog). Melt values use the gold spot price from the Nu Stack price feed and are estimates of metal content only, not offers to buy or sell.
Frequently asked questions
How much gold is in a British Gold Sovereign?
A British Gold Sovereign has 7.323 g (0.2354 troy oz) of pure gold: 7.988 g gross weight at .9167 fine.
What is a British Gold Sovereign worth in melt value today?
About $976.41 at $4,147/oz gold (October 19, 2026). Melt value moves with the gold spot price; this page updates automatically.
Is a British Gold Sovereign worth more than its melt value?
Bullion coins usually trade close to melt value plus a dealer premium. Proof, low-mintage or special issues can sell for more. Compare a dealer's quote against the melt value above.