Full Gold Sovereign : Best Value Pre-Owned
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1958 Gold Sovereign Coin - Queen Elizabeth II
SKU: SOV1958 | Pre-Owned | Out of Stock
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Quantity
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£988.05
£988.05
About this product
The 1958 Gold Sovereign has the highest mintage of any Sovereign bearing Mary Gillick's portrait of Queen Elizabeth II. Struck by The Royal Mint in 22 carat gold, it carries Benedetto Pistrucci's St George and the dragon on the reverse.
It contains 7.32 grams of pure gold and is UK legal tender, so UK buyers pay no VAT or Capital Gains Tax. We grade and test every coin before it's sent.
Read more1958 Sovereign Specification
-
MaterialGold -
BrandThe Royal Mint -
SeriesGold Sovereign -
MonarchQueen Elizabeth II -
Denomination / SizeSovereign -
CountryUnited Kingdom -
VAT StatusExempt -
CGT StatusExempt
Product Description
The 1958 Sovereign is the most common date in Queen Elizabeth II's first series of Sovereigns. The Royal Mint struck about 8.7 million of them, more than any other year with Mary Gillick's portrait.
These coins were made at The Royal Mint's old Tower Hill site in London, before production moved to South Wales. Each one is struck in 22 carat gold to the standard the Sovereign has followed since 1817.
Why so many 1958 Sovereigns were made
In the 1950s, forgers in Europe and the Middle East were making fake Sovereigns and selling them for profit. The Royal Mint's answer was to supply the world with genuine coins, which cut the forgers' profits.
Production restarted in 1957 and rose sharply in 1958. The new coins were held by the Bank of England and released to markets around the world.
Between 1957 and 1968, more than 45 million Gillick Sovereigns were struck. The 1958 issue makes up nearly a fifth of that total on its own.
Design of the 1958 Sovereign
The 1958 coin uses the same two designs as every Gillick Sovereign.
- Obverse (front): Mary Gillick's portrait of the young Queen, wearing a laurel wreath tied with ribbons. It was the first of five portraits of Queen Elizabeth II used on UK coins during her reign.
- Inscription: ELIZABETH II DEI GRATIA REGINA F:D:, Latin for "Elizabeth II, by the Grace of God, Queen, Defender of the Faith".
- Reverse (back): Benedetto Pistrucci's St George on horseback slaying the dragon, with the date 1958 and Pistrucci's initials "B.P." below.
How the 1958 differs from the 1957 Sovereign
The two coins look almost the same, but the edge tells them apart. The 1957 Sovereign has a finer milled edge, with around 168 grains (small ridges).
From 1958, The Royal Mint used the standard edge of 108 grains. Every later Gillick Sovereign has this edge too.
Tested before we sell it
Fake Sovereigns dated 1958 are known to exist. Some are underweight, and some have a crude, uneven edge.
That's why every 1958 Sovereign we sell is tested in-house for its gold content before it's listed. If we can't confirm a coin is genuine, we won't sell it.
1958 Sovereign specifications
- Weight: 7.98 grams
- Pure gold: 7.32 grams (0.2354 troy oz)
- Purity: 22 carat (91.67% gold)
- Diameter: 22.05 mm
- Edge: milled, 108 grains
- Face value: £1
- Mintage: about 8.7 million
Condition and packaging
Our 1958 Sovereigns are pre-owned and graded Very Fine (VF) or better. That means light wear only, with the Queen's portrait and St George still sharp and clear.
Each coin comes in a clear coin flip. The pictures show the type of coin you'll receive, so yours may look slightly different.
Who buys the 1958 Sovereign?
The 1958 is a popular choice for people who want a genuine Elizabeth II Sovereign with a known date. Its high mintage makes it one of the easier dates to find.
Collecting the Gillick series? Take a look at the 1957 Gold Sovereign, the first year of the run. If the date doesn't matter to you, our Best Value Pre-Owned Full Gold Sovereigns offer the lowest premium.
Delivery Information
Your order is sent by Royal Mail Special Delivery. It's insured for its full value and you can track it all the way.
Order on a weekday before 1pm and, if the coin is in stock, we'll dispatch it that day. Because this is a pre-owned coin, stock comes and goes, and each one is checked before it's packed.
Rather collect? Pick Click & Collect at checkout to avoid postage costs. Your order will wait for you at our Royal Wootton Bassett branch, and we'll email you when it's ready. Bring official photo ID, like a passport or driving licence, to collect it.
You can pay by UK debit card or bank transfer. We don't take credit cards. On bigger orders, we may be in touch to arrange payment by bank transfer before we send anything.
We deliver to UK addresses only.
Investing Information
VAT-free investment gold
There's no VAT on the 1958 Sovereign. UK law treats gold coins that meet the investment gold rules as VAT exempt, and the Sovereign meets them. This applies to new and pre-owned coins alike.
No Capital Gains Tax for UK residents
The Sovereign is UK legal tender. Because of this, UK residents don't pay Capital Gains Tax on any gain when they sell one. Many people find this helpful when adding to their gold holdings over time.
Easy to sell on
The Sovereign is recognised by gold dealers across the world. As the most common Gillick date, the 1958 is widely traded, so it's easy to sell when the time comes.
Our advice policy
We're glad to share the facts about VAT and Capital Gains Tax. We can't give financial advice for your own situation, though. Please research carefully and talk to a qualified adviser before you invest.
Product Specification
Attribute
Detail
Coin
Full Gold Sovereign
Year
1958
Type
Pre-Owned / Secondary Market
Weight
7.98 grams
Gold Content
7.32 grams (0.2354 troy oz)
Fineness
22 carat (91.67% pure)
Diameter
22.05 mm
Thickness
1.52 mm (approx)
Edge
Milled (108 grains)
Face Value
£1 GBP
Mintage
Approx. 8.7 million
Obverse Designer
Mary Gillick
Reverse Designer
Benedetto Pistrucci
Monarch
Queen Elizabeth II
VAT Status
Exempt
CGT Status
Exempt
Mint
The Royal Mint (Tower Hill, London)
Condition
Pre-owned, Very Fine (VF) or better
Reference
Spink 4125, Marsh 298
Denomination Information
Where the Sovereign began
Britain's modern gold Sovereign dates back to 1817. It was introduced after the Great Recoinage of 1816 and was worth one pound, or 20 shillings. Within a few decades it was trusted by traders around the globe.
A design that has lasted
Benedetto Pistrucci's St George and the dragon first appeared on the Sovereign in 1817. It's still used on the coin today, more than 200 years later.
What has stayed the same
A full Sovereign has always weighed 7.98 grams and held 7.32 grams of pure gold. The main thing that changes is the portrait, which shows the monarch of the day.
Sovereigns left everyday use in Britain after the start of the First World War in 1914. The Royal Mint brought them back as bullion coins in 1957. Mary Gillick's portrait of Queen Elizabeth II was used from 1957 to 1959 and from 1962 to 1968.
The Sovereign's place today
The Royal Mint still strikes Sovereigns, and the coin remains UK legal tender. Its fixed gold content, VAT exemption and Capital Gains Tax exemption keep it one of the UK's favourite ways to buy gold.
Thinking of selling? Find out what a gold Sovereign is worth today.
About Us
Before any pre-owned coin goes on sale, our team grades it and tests it in-house. Anything we can't verify doesn't get listed.
We've been buying and selling precious metals since 2008. That experience, together with our testing equipment, means the coin you receive matches the coin you ordered.
Why customers buy from us:
- Fair and clearly shown prices
- Fully insured Royal Mail delivery anywhere in the UK
- In-person collection from our Royal Wootton Bassett office (with photo ID and proof of address)
You'll find our reviews on Trustpilot, Google and FreeIndex. We can't offer personal financial advice, but we're always happy to answer questions about our coins and how ordering works.
Your questions answered
We've compiled a list of our most frequently asked questions. If there's something we haven't covered, please call us & we'll be happy to help. Read all FAQs.
If it's in stock and you order before 1pm on a weekday, we'll dispatch your coin the same day. It travels by Royal Mail Special Delivery, with full insurance and tracking.
Yes, if you're a UK resident. The 1958 Sovereign is legal tender in the UK, and gains on UK legal tender coins are exempt from Capital Gains Tax. We can explain the rules, but we can't give personal tax advice, so speak to an adviser if you need one.
We supply every 1958 Sovereign in a clear coin flip. The flip protects the coin from knocks and fingerprints, and you can still see the portrait and St George without taking it out.
Yes. Counterfeit Sovereigns dated 1958 are known to exist, and a report on them was published in 1977 by the International Bureau for the Suppression of Counterfeit Currency. Some fakes have the wrong weight or a badly made edge. Every 1958 Sovereign we sell is tested in-house, so you know you're getting a genuine coin.
Each 1958 Sovereign holds 7.32 grams of pure gold, or 0.2354 of a troy ounce. The whole coin weighs 7.98 grams, because it's made from 22 carat gold with a little copper added for strength. On 25th September 2026, that gold is worth £758.98 at the live market price. Our selling price is set above this gold value.
No. The Sovereign qualifies as investment gold, and investment gold is exempt from VAT in the UK. There's no VAT to pay on this coin, whether you buy one or several.
The Royal Mint struck about 8.7 million Sovereigns dated 1958. That's the highest mintage of any Sovereign with Mary Gillick's portrait of Queen Elizabeth II, and more than four times the number made in 1957. Because so many were made, the 1958 is one of the easiest Gillick dates to find today.
You can pay by UK debit card or bank transfer. We're not able to take credit cards, Amex, or business payment cards.
Walk-in purchases aren't possible, as all orders need to go through our website first for security and stock reasons. When ordering online, you can choose 'Click & Collect' at checkout to save on postage and pick your order up from our Royal Wootton Bassett branch. We'll email you as soon as it's ready, and you'll just need to bring photo ID with you. Payment is by UK debit card or bank transfer. We don't accept credit cards.
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