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1871-1887 Sovereign Gold Coin - Young Head Queen Victoria (incl GST).
*Product does not come in capsule - Delivered as received from supplier*
The reign of Victoria (1837-1901), was long enough to prompt three distinctive portraits. These depicted her as the young woman of 18 on her ascension to the throne, as a mourning widow on her golden jubilee in 1887 and as an elderly empress in 1893. The Young Head Minted between 1871 and 1887, shows Queen Victoria in her youth as displayed in the image on the obverse of each coin.
“Sovereigns” are named as such because they feature the “supreme leader of the state” on their obverse - the King or Queen of the United Kingdom. Weighing 7.986g and minted from solid 22ct gold (91.7%), each coin contains 7.3g or 0.23 oz of pure gold. Part of the enigma of these coins for investors today is that they come from a time when money was honest and backed by something other than trust in the government.
Because they are not 99.99% pure nor legal tender they are not classified as investment bullion per se in Australia and attract GST.
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