Henry VII Gold Sovereign Coin

Henry VII Gold Sovereign is a legendary rarity with recent auction estimates and sales ranging from £120,000 to nearly £1,000,000, depending on its specific type and condition. Exact mintage figures for these 15th-century coins are lost to history, but surviving specimens are extremely few.

Value and Rarity
Because these were the first Sovereigns ever struck (beginning in 1489), they are among the most historically significant British coins.

Recent Market Highs: In 2021, a rare specimen was auctioned with a starting bid of £950,000, aiming to break the £1 million record for a British coin.
Auction Benchmarks: Other types have realized approximately £372,000 at specialized auctions like Spink.
Retail/Private Sales: More common (though still extremely rare) “About EF” (Extremely Fine) specimens have been listed by specialist dealers like Baldwin’s for around £75,000.
Survival Rate: It is estimated that only a few examples remain in private hands; for certain types, as few as two or four are known to exist worldwide.

Modern Replicas and Commemoratives
Many items found in online searches for “Henry VII Sovereign” are modern commemoratives or replicas, which have significantly different values:
2022 British Monarchs Collection: The Royal Mint recently released remastered versions. A 5oz Gold Proof version has a limited mintage of 45 and retails for approximately £26,500. A 1oz Gold Proof version (mintage of 100) typically sells for around £5,500.
Replica Sets: Silver or gold-plated replica sets from “The Millionaires Collection” often sell for between £150 and £950 at auction