Posted: 2/15/2013 11:17:03 AM EDT
|
Hello Gentlemen. I have a question for you all. Probably a silly question to you all. Lately I've been reading alot of Sir Arthur Conan Doyle and I have been wondering if the coin referred to as the Sovereign is still in use as common currency in England today?
Thank you, |
|
In short, they are like silver dollars (but worth a lot more). They have a nominal value; however they cost a lot more!
It's about £500 for a new sovereign: http://www.royalmint.com/shop/The_2013_UK_Gold_Proof_Sovereign |
| The modern one pound coin, not being gold, gets none of the respect a sovereign from Sherlock Holmes would. As a matter of fact, 2-3% of ALL pound coins are fakes. I thought that was an exaggeration, till I bought 120 or so coins (at a very good rate) from a local dealer. I carefully looked at all of them, there were 2 definite fakes (legend and reverse mismatch), one possible fake. In reality nobody looks at them, and the fakes work in coin machines. |