1916 Coins of the USA and World
Great Britain
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Coin Details
Origin/Country: |
GREAT BRITAIN 1902-70 |
Item Description: |
1SOV 1916 G.britain |
Full Grade: |
NGC MS 64 |
Owner: |
deposito |
Owner Comments:
NGC has graded 19 in this grade MS64 and 6 in higher grades, all MS65. It's not a unique-looking coin for 1916, the Australian sovereign looks the same except for a tiny letter buried on the reverse. Mintage for this London issue is 1,554,000 in 1916; a lot less than the 20.3 million they pumped out in 1915. World Wars are expensive. The sovereign is just seven one thousandths of a troy ounce lighter in actual gold weight than the U.S. $5 coin. The exchange rate must have been a stable and easy to figure five Dollars to a Pound.
Fineness: 0.9170
Weight: 7.9881g
AGW: 0.2355oz
Melt Value: $421.06 (4/23/2021)
Obverse: Head of King George V facing left, designed by Bertram MacKennal
Reverse: St. George slaying the dragon