Owner Comments:
GT. BRITAIN, GEORGE V GOLD SOVEREIGN 1916
(Marsh 218; S 3996).
OBVERSE: The King's bare head facing left. Designed by Edgar Bertram Mackennal.
REVERSE: St. George mounted and slaying Dragon with sword. Date at the bottom with small letters B.P. to right.
DIAMETER: 22.05mm.
WEIGHT: 7.998g ( 0.9170 gold).
FINENESS: 22 Carat.
EDGE: Milled.
MINTAGE: 1,014,714
RATING: R (M.Marsh).
GEORGE V, SOVEREIGN, 1916
Two years into war and still over one million Sovereigns were produced for the reserves of the Bank of England. Most of the 1916 issue and nearly all of the following 1917 issue were exported to America in lieu of payments. They were held probably at Fort Knox for many years until the USA passed the Gold Reserve Act at the time of the Great Depression in 1934, when all coin was converted to bars. The coinage of the reign of King George V features a bare head portrait of the King facing to the left by the Australian sculptor, Edgar Bertram Mackennal (12 June 1863 – 10 October 1931), whose initials appear on the truncation of the bust and with the titles GEORGIVS V D: G: BRITT: OMN: REX F: D: IND: IMP: Mackennal was famed for his artistic sculptures, but became more numismatically interesting, as the designer of the Olympic Medals for the London Olympic Games of 1908. This led to the commission for the Coronation Medallion for King George V, and he then successfully won the commission for the coinage and for postage stamp portraits. One other Royal commission was to design the tomb for King Edward VII at St George’s Chapel, Windsor. He was also the first Australian citizen to be knighted, in 1921 and was admitted to the Royal Academy in 1922. For the Sovereign the classic St George and dragon design continues engraved, after Pistrucci with his initials in the exergue, and amazingly still featuring the tiny wwp under the lance for William Wellesley Pole from his days of the Master-ship of the Mint circa 1820. Had the London Mint continued to produce gold Sovereigns from 1928, like some of the Colonial Mints did, then a smaller portrait of George V would no doubt have appeared as at Melbourne, Perth and Pretoria. More significantly, the reverses of these Colonial small head pieces are revised and the wwp initials disappear at last.
KING GEORGE V
The Reign of King George V (House of Windsor) : 1910-1936.
Born: 3 June 1865.
Accession: 6 May 1910.
Married: Mary of Teck, 6 July 1893.
Coronation: Thursday, 22 June 1911.
Second Coronation as Emperor of India at the Delhi Durbar: Tuesday, 12 December 1911.
Children: five sons, one daughter.
Died: 20 January 1936, aged 70.
1916 GOLD SOVEREIGN MS 65
NGC 1914924-014
A true GEM with bold strike, perfect surfaces and satiny luster.
A rare quality for a rare date.
NGC: Pop 3 with none grading higher.
Ex Northeast Numismatics, Concord MA, USA, purchased 25 March 2012.