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sovereign
What does sovereign mean?
Historically a gold coin worth one pound; used in slang for a pound of money.
"That antique's worth a fair few sovereigns."
Origin
From the English gold sovereign coin first minted in 1489.
Frequently asked questions
What is a sovereign in money terms?
Historically a British gold coin worth one pound; the name is also used loosely to mean a pound's worth of money.
Where does the sovereign coin come from?
The English gold sovereign was first minted in 1489 under Henry VII.
Is a sovereign still worth a pound?
As legal tender its face value is a pound, but the gold content makes modern sovereigns worth far more to collectors.
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