Compare CGT-Exempt Gold Sovereign Prices
Compare live prices on capital gains tax exempt gold Sovereigns from trusted UK dealers. The Sovereign has been UK legal tender since 1817, and that legal-tender status remains the basis for its modern CGT exemption.
The historical case for the Sovereign
While the Britannia was launched in 1987 as a deliberate modern bullion coin, the Sovereign predates the bullion coin concept entirely — it was Britain's principal gold currency for over a century before retiring from circulation in 1932 and returning as a bullion product. Its 22-carat (916.7 fine) specification reflects its origins as a hard-wearing trade coin rather than a high-purity investment vehicle, but the gold content (7.32g pure) remains identical regardless of the alloy.
The CGT mechanic
UK capital gains tax exempts disposals of items deemed currency in the form of sterling. Modern Royal Mint Sovereigns carry a £1 face value and continue to satisfy this test, meaning UK residents pay no CGT on gains, regardless of holding size or appreciation. Historical Sovereigns — Victorian, Edwardian and early 20th-century issues — also qualify on the same basis.
Where Sovereigns sit alongside Britannias
The two CGT-exempt UK gold coins differ mainly on weight increments. Sovereigns come in fractional sizes (Full at 7.32g fine and Half at 3.66g fine, with Quarter and Quintuple variants less commonly stocked) and in 22-carat alloy. Britannias are 9999 fine and follow ounce-based weights — 1oz down to 1/10oz. Many UK investors hold both for design diversity within a fully tax-efficient portfolio.
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