King George V · 1911–1932

1916 Gold Sovereign (C mint mark)

Ottawa mint mark — extremely rare. Among the most desirable George V Sovereigns.

Melt value (live spot) £—
Typical auction value (+1200%) £—

Melt value is the live gold spot price × 7.32g of fine gold. The auction value reflects the typical numismatic premium for this date in good condition. Exceptional specimens (proof, slabbed, perfect condition) can sell for materially more.

1916 specifications

Year
1916
Series
George V
Monarch
King George V
Mint mark
C
Mintage
6,111
Metal
22-carat gold (916.7)
Fine weight
7.32g · 0.2354 oz t
Gross weight
7.988g
Diameter
22.05 mm
Face value
£1
Numismatic premium
~1200% over melt

About the George V series

Sir Bertram Mackennal's portrait. Includes the WWI-era issues and the cessation of UK Sovereign production after 1917 (mints continued overseas until 1932).

How the value is calculated

Every Sovereign contains exactly 7.32g of fine gold. The melt value above is that fine content × the live per-gram gold spot price in GBP on the dashboard. The auction value adds the numismatic premium typical for this year — that premium reflects collector interest, scarcity and condition expectations.

Where to buy or sell

Vintage Sovereigns trade through specialist UK coin dealers (Spink, Baldwin's, Sovereign Rarities) and major bullion dealers (BullionByPost, Atkinsons, Chards). Auction houses (Spink, Heritage) handle the rarest pieces. Always compare quotes — premiums on key-date Sovereigns vary widely between dealers and auction venues.

CGT and tax

All UK Sovereigns are legal tender and therefore CGT-free for UK residents, regardless of year. Read the CGT-free coins guide →

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