Gold Quintuple Sovereign

Gold Quintuple Sovereign History

The £5 gold coin has existed in many different forms over the years, and is sometimes referred to as a Quintuple Sovereign, Five Sovereign, and even a Crown coin. These coins are made with five times the amount of gold used in the standard Sovereign, which is where the £5 designation and name of Quintuple Sovereign comes from.

The gold £5 coins will at times be simply a bigger version of the Sovereign, with the same classic design on a larger coin. More often however they will be commemorative coins produced by The Royal Mint to mark an anniversary or special person in British history. This makes the £5 gold coin an unusual choice, moving between investment and collectable markets from year to year.

You may also be interested in:

• £1 Pound Proofs
• £2 Pound Proofs
• £5 Pound Proofs
• UK Gold Edition Coins
• Other Gold Proof Coin Sets

Gold Quintuple Sovereign Price

Gold Quintuple Sovereign prices are derived from the value of the gold each coin contains. Each gold Quintuple Sovereign coin weighs 39.94 grams, and is struck to a purity of 22 carat, meaning they contain 36.61 grams of pure gold.

Gold Quintuple Sovereign prices can vary thanks to the coin's history and numismatic appeal, with certain years or designs being particularly desirable with collectors. The price of a new gold Quintuple Sovereign coin will typically be based on today's gold price, with a small premium to cover the cost of manufacturing and supply of the coin. Older or rare gold Quintuple Sovereign coins can cost considerably more than the UK gold price. With the global price of gold being primarily calculated in dollars, periods in which the pound is weak versus the dollar will see UK gold Quintuple Sovereign prices rise, while a strong pound would see lower prices in the UK.

Our gold Quintuple Sovereign prices are displayed in real-time, updating every two minutes in-line with the current gold spot price. Investment gold is VAT-free, and the gold Quintuple Sovereign price shown includes fully insured delivery.

Gold Quintuple Sovereign Coin Specification

The gold Quintuple Sovereign coin is a British gold coin manufactured by the Royal Mint. British gold Quintuple Sovereign coins weigh 39.94g with a diameter of 36.02mm. Gold Quintuple Sovereign coins are manufactured from 22 carat gold.

Gold Quintuple Sovereign Value

Investors often ask what is the value of a gold Quintuple Sovereign? British gold Quintuple Sovereign coins have a face value of £5. It is important to note that the face value is a nominal amount that has no bearing on the actual value of the coin. As mentioned, the gold Quintuple Sovereign coins main value can usually be worked out based on the current gold price. It is this simplicity that makes gold bullion coins appealing. They are bought and sold based on their intrinsic metal value without having to worry about any numismatic value and more complicated selling process.

You can always find a simple benchmark value for a gold Quintuple Sovereign thanks to the publicly available spot price. The value of a gold Quintuple Sovereign is therefore generally the same regardless of the year and is just based on the metal content. Some years of gold Quintuple Sovereign might command a further premium. A lower mintage, or special design could see their value increase beyond their metal content.

The easiest way to work out a gold Quintuple Sovereign value is to use its gold weight of 36.61 grams and multiply that by the current gold spot price in grams. As a coin with a purity of 916.7 fineness, it's important to calculate the 22 carat gold Quintuple Sovereign value, to ensure you have an accurate price.

How Much are Gold Quintuple Sovereign Coins Worth?

If you are wondering how much are gold Quintuple Sovereign coins worth, a simple rule of thumb is that a gold Quintuple Sovereign has 36.61g of pure gold, 1.17 troy ounces. If you see the gold price in troy ounces you can therefore work out how much a gold Quintuple Sovereign is worth quite quickly.