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Goldmick

Help needed gold sovereign

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Posted (edited)

Spot x 0.2354 = sovereign.

Sovereign x 5 = 5 sovereign. 

Or gold gram spot (Atkinsons or BBP websites), then multiply gold content g for generally all coins. 

Edited by Martlet

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Posted (edited)

He has just told you! Take the spot price currently multiple it by that factor and that is how much a sovereign is, then multiply it by the number of sovereigns you have.

Even the royal mint has told you 36.613g.

36.613 x spot price.

36.613 x 46.461

£1701.076593

Edited by Notafront4adragon

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Posted (edited)

If working out Mick I usually go with:

Spot X 0.9167 to give me 22ct price then X 7.98 to give me a Sovereign price then X by whatever size sov you have ūüĎć

Edited by shawy2510

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Posted (edited)

A 5 sov piece contains 1.1771oz of gold. Multiply 1.1771 by spot gold price (so e.g.,  1.1771 oz * £1445 / oz = £1700.90)

Here:

£5 gold quintuple sovereign contains 1.1771 troy ounces of gold or 36.6119 grams of gold

£2 gold double sovereign contains 0.4707 troy ounces of gold or 14.6304 grams of gold 

£1 gold sovereign contains 0.2354 troy ounces of gold or 7.317 grams of gold 

Gold half sovereign contains 0.1177 troy ounces of gold or 3.661 grams of gold 

Gold quarter sovereign contains 0.0588 troy ounces of gold or 1.8288 grams of gold

Edited by jultorsk

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