Broad (English gold coin) The Ultimate Guide to British Gold Coins

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Female tourist wearing summer dress and broad brim hat taking photo on cellphone white standing on street near palms growing in clay jugs
Credit: pexels.com, Female tourist wearing summer dress and broad brim hat taking photo on cellphone white standing on street near palms growing in clay jugs

The Broad, also known as the English gold coin, has a rich history dating back to the 15th century. It's a fascinating topic that's worth exploring.

The Broad was first introduced in 1544, during the reign of King Henry VIII, and was minted until 1603. It was a significant coin in the English currency system.

The Broad was a gold coin that weighed 40 shillings or 32 pence, making it a substantial amount of money in its time. This is a testament to its value and significance in the past.

Take a look at this: Broad Money

History of the Broad

The Broad, a gold coin that's been around for centuries, has a rich history that's worth exploring.

The Broad was first introduced in 1663 by King Charles II, as a replacement for the Guinea, another popular gold coin at the time.

Its name, Broad, is derived from the Latin word "Broad Money", which was used to describe the coin's large size and value.

Credit: youtube.com, The Story of the British Gold Sovereign

The Broad was made of 22-carat gold and weighed 22.5 grams, making it a highly valued and sought-after coin.

In 1717, the Broad was replaced by the Guinea, which was also a gold coin but had a slightly different design and composition.

Despite its relatively short lifespan, the Broad left a lasting impact on the British currency system.

If this caught your attention, see: 22 Carat Gold Prices

Characteristics and Varieties

The British gold coins offer a wide range of options, each with its unique characteristics.

The Sovereign, with its illustrious history dating back to 1489, is a symbol of British monetary stability.

Produced with 22-karat gold, it's cherished for its meticulous craftsmanship and royal portraitures.

The Britannia boasts a modern appeal with its annually changing designs, formulated from 24-karat gold since 2013.

Known for its spectacular representation of Lady Britannia, the series is lauded for its innovation and purity.

Other remarkable pieces include vintage guineas and dazzling commemoratives like the Queen’s Beasts series showcasing British heraldry.

Each of these coins offers unique themes and investment appeal, making them a great choice for collectors and investors alike.

See what others are reading: Britannia Coin

Frequently Asked Questions

What are the rarest English gold coins?

The rarest English gold coins include the 1819 Sovereign, featuring George III, which is highly sought after by numismatists due to its scarcity and historical significance.

James Hoeger-Bergnaum

Senior Assigning Editor

James Hoeger-Bergnaum is an experienced Assigning Editor with a proven track record of delivering high-quality content. With a keen eye for detail and a passion for storytelling, James has curated articles that captivate and inform readers. His expertise spans a wide range of subjects, including in-depth explorations of the New York financial landscape.

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