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$515.31
The half sovereign is exactly half the weight of a sovereign — 3.99402 g at 22 karat — and the smallest widely traded British gold coin.
Prices last updated
| Total weight | 3.99402 g |
|---|---|
| Fineness | .9167 (91.67%) |
| Pure gold content | 3.661 g (0.1177 ozt) |
| Years struck | 1817–present |
| Country | United Kingdom |
| Face value | 50p (10 shillings pre-decimal) |
Half sovereigns carry a higher premium per gram of gold than full sovereigns, because minting costs are much the same for a coin of half the size. They suit small, incremental buying and gift-giving, and share the sovereign’s UK capital gains tax exemption.
Its melt value is about $515.31, based on 0.1177 troy ounces (3.661 g) of pure gold at a spot price of $4,377.60 per troy ounce. That is the metal content only — the coin may be worth considerably more to a collector.
The coin weighs 3.99402 g in total and is 91.67% fine (.9167), so it contains 3.661 g of pure gold — 0.1177 troy ounces.
Not exactly. Melt value is the raw metal content at spot. Scrap buyers and refiners typically pay 80–95% of melt to cover refining and margin, while recognised bullion coins and collectable dates usually sell for more than melt, not less. Melt is best treated as the floor under a coin’s price.
Counting a mixed jar? Use the junk silver calculator.