Sovereign firsts with piedfort, five-sovereign and smooth-rimmed variants of the original design launched

In this banner 200th year for possibly the most iconic and well known coin design of the last two centuries, the Royal Mint is issuing some more special Sovereign variants to mark the occasion. No changes to the design which you can read more about in our original article on the debut wave of releases, all of which have apparently sold out, but some firsts on the format front.

Each coin uses a design based on the original Pistrucci artwork that debuted in 1817 and was only used until the revised one appeared in 1821. It’s fundamentally the same but has some subtle differences that set it apart. Bordering the design on a belt are the word “HONI SOIT QUI MAL Y PENSE”, which translates as “Evil unto him who thinks evil of it”. In his hand, instead of a sword, St.George holds a broken spear. There are some other minor tweaks, but those are the main two differences.

Three new variants are now available. First is a standard brilliant uncirculated coin with a mintage of just 1,817 pieces, all to be struck on 01 July, the date in 1817 the original debuted. The difference here is the coin edge rather than any tweaks to the look. Instead of a reeded/milled edge, this one is plain, a first with this original ribboned design. Second is a brilliant uncirculated five-sovereign version. At just under 40 grams in weight it’s by far the largest of the sovereign range and the first time this design has been used on this size of sovereign. Lastly, the Royal Mint is issuing its first ever piedfort Sovereign. The same diameter as a standard coin, it’s twice as thick. This one has a mintage of 3,750 although only 3,500 will be presented in this box.

Available to pre-order now, these coins have a knack of selling fast, even at the premium prices the Royal Mint charges. The ‘Strke on the Day’ sovereign will sell for £525.00, with the five-sovereign up for £1875.00 and the piedfort for £800.00. This look back at the original coin is to be used for a single year only, so a unique opportunity to look back to the early days of one of the worlds truly iconic coins. Just click the banner at the bottom of the article to head on over to the shop and help out AgAuNEWS at the same time.

2017 200TH ANNIVERSARY SOVEREIGN RANGE

BENEDETTO PISTRUCCI AND HIS ICONIC DESIGN

Benedetto Pistrucci came to London in 1815 under the patronage of the Prince Regent. He was relatively unknown in Britain but his reputation attracted interest and he quickly found sponsors and supporters of his work. Soon after his arrival, his engraver’s talent was recognised, as he was given the prestigious task of creating the designs for the new gold and silver coins of George III.

Pistrucci’s St George and the dragon design has become synonymous with The Sovereign. He created an interpretation that defied the medieval image of St George, instead opting for a Greek interpretation, bare and muscular, not weighed down with the usual chain mail and armour.

The original inscription created for The Sovereign when it was revived in 1817 has been revisited for this celebratory, anniversary edition of The Sovereign for 2017. The Latin, ‘HONI SOIT QUI MAL Y PENSE’ meaning ‘Evil unto him that thinks evil of it’ is a phrase that has featured on the coat of the Royal Arms of the United Kingdom for centuries.

PACKING AND OBVERSE

THE STORY BEHIND THE PISTRUCCI SOVEREIGN

In the early eighteenth century the effects of the Napoleonic Wars and a shortage of silver meant that the United Kingdom’s circulating coinage was in poor condition. The re-coinage and exchange of 1816-17 would transform the nation’s coins, and it meant greater scrutiny and efficiency than ever before. The Royal Mint had moved to a new location in Tower Hill, equipped to meet the new demands with modern steam-powered machinery.

Alongside this activity, legislation would formalise the Gold Standard, setting out the coins to be produced, and the standard to which they would be struck. One key change was to reinstate the 20-shilling piece but this time the coin of 20 shillings would be known as the pound, or Sovereign. Circulated alongside the 21-shilling gold guinea for a time, it was essential that The Sovereign was distinctive enough from the existing gold coin.

The reverse design chosen was the instantly recognisable St George and the dragon created by Benedetto Pistrucci, now acknowledged across the world as a masterpiece. While The Sovereign has deviated from the iconic St George at times, it always returns to this 200-year-old design.

SPECIFICATION

NAME 2017 SOVEREIGN 2017 FIVE-SOVEREIGN 2017 PIEDFORT SOVEREIGN
DENOMINATION n/a n/a n/a
COMPOSITION 0.9167 gold 0.9167 gold 0.9167 gold
WEIGHT 7.98 grams 39.94 g 15.97 grams
DIAMETER 22.05 mm 36.02 mm 22.05 mm
FINISH B / unc. B / unc. Proof
MODIFICATIONS Plain edge None None
MINTAGE 1,817 1,000 3,750
BOX / COA Yes / Yes Yes / Yes Yes / Yes
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