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Gold Sovereigns

1907 Sydney Mint Gold Sovereign

22 Carat Gold

Many of the foundations of Australia’s monetary system, economy and society that are today taken for granted were laid during the Edwardian era. Most of our national government institutions were established at this time; the Banknote Act was passed; and Australia’s first currency coins were issued. The first battalion of Commonwealth troops entered active service in 1902; many major public buildings were erected; and a large number of regional towns & centres were established.
The 1907 Sydney Sovereign is one of the more common dates of the Edward series to appear in higher grade, collectors should look for Choice Uncirculated in this date.

Mintage
2,539,000

The eldest son of Queen Victoria and Prince Albert, King Edward VII succeeded the throne upon his mother’s death in 1901 - his reign beginning the lineage of Saxe Coburg Gotha over the British Empire. Despite his risque reputation, Edward threw himself into the role of King with vitality.
Aside from the Boer War of 1899~1902 Edward ruled peacefully and successfully during his short reign, remarkable considering the shifts in European power that occurred in the first decade of the twentieth century. His extensive foreign travels gave him a solid foundation as an ambassador in foreign relations - quite a few of the foreign houses of Europe were his relatives, and this allowed him to actively assist in foreign policy negotiations. Victoria’s fears regarding the “eccentric” personal habits he displayed earlier in life proved wrong: Edward’s forays into foreign policy had direct bearing on the foreign alliances Great Britain created with both France and Russia, and aside from his sexual indiscretions, his manner and style endeared him to the Empire’s populace. Edward maintained an active social life, and his penchant for playboy accouterments set trends among the fashionable.
Only one portrait was used on the sovereigns of Edward VII, from 1902 to 1910 inclusive. The engraving of his hair is in fairly low relief, and tends to very quickly show signs of wear. Contact marks and wear that would be focused on a small surface area on another sovereign is spread over a wide portion of Edward’s portrait

When collectors examine the Edward VII obverse, there are a certain number of points which are examined closely for strike & wear.

The forehead, eyebrow and upper cheek;
The jaw line running from below the ear to the tip of the chin;
The vertical line running from 12 o’clock to 6 o’clock;
The area on Edward’s head just below his bald patch, running from the back of his head to the top of his forehead;
Weakness will show in a lack of definition of the hair including beard and moustache;
The top of the ear which would show a lack of sharpness on a weak strike;
As always, the rims and fields;

Specifications

Sources

Composition:	91.67% Gold 8.33% Copper
Gold Content:	0.2354 oz
Edge:	Reeded
Weight:	7.9881 grams
Size:	21.5 mm
Reverse:	Benedetto Pistrucci
Obverse:	George William De Saulles

Chard Gold Sovereigns	Andrew Crellin of Monetarium.
The Sovereign Daniel Fearon & Brian Reeds 2001 Hilden Publications 17 Windmill Drive Croxley Green, Hertfordshire United Kingdom Token Publishing	The Gold Sovereign Golden Jubilee Edition Michael A Marsh 2002 25A St Neots Rd Hardwick Cambrigeshire CB3 7QH United Kingdom