Guide
What is a gold sovereign worth?
A British gold sovereign holds 0.2354 troy ounces of gold, a little under a quarter ounce. We pay on its gold.
Updated October 28, 2026 · Prices as of November 3, 2026, 4:45 p.m. Pacific
What a sovereign is worth today
Gold is trading at $3,925 per troy ounce (the Kitco bid). We pay 96% of that for the gold in bullion coins, priced when we verify your package:
| Coin | Gold content | We pay today |
|---|---|---|
| Sovereign | 0.2354 ozt | $887.03 |
| Half sovereign | 0.1177 ozt | $443.52 |
| 10 sovereigns | 2.354 ozt | $8,870.32 |
What is a sovereign?
The sovereign is a British gold coin first struck in its modern form in 1817, and still made by the Royal Mint today. Most show Benedetto Pistrucci's design of St George slaying the dragon on the back and the monarch of the day on the front.
- 22 karat: 91.67% gold. A sovereign weighs 7.99 grams and holds 7.32 grams of pure gold.
- Mints around the world: sovereigns were also struck in Australia, Canada, India, and South Africa, marked by a small letter on the back above the date (S for Sydney, M for Melbourne, P for Perth, C for Ottawa, I for Bombay, SA for Pretoria). No letter usually means London.
Check these before you sell
Keep sovereigns in their capsules and don't clean them. Sort them by monarch if you can. We verify every coin on arrival and pay on what we find. For other gold coins, see how to sell gold coins.
Coin guides: Krugerrands · American Gold Eagles · American Gold Buffalos · Maple Leafs · Philharmonics · Britannias · American Silver Eagles · Sovereigns · Morgan and Peace dollars · Silver half dollars · Libertads · Pandas · Kangaroos · All 1 ozt gold coins · Mexican 50 pesos · Old U.S. gold coins · All gold coins · All 90% silver
We pay more than pawn shops, jewelers, and mail-in gold kits: in Consumer Reports' tests, jewelers and pawn shops paid 36% to 71% of melt value, and mail-in kits 11% to about 29%. We pay 94% for scrap gold. Who pays the most?
Your coins
See what your sovereigns are worth.
Tell us how many sovereigns and half sovereigns you have for a free written estimate.