HC Deb 22 February 1932 vol 262 c34W
Mr. THORNE

asked the Chancellor of the Exchequer the date when sovereigns were last minted and the value of the gold in the coin; and the value of bar gold for the financial year ended March, 1914?

Major ELLIOT

Apart from the re-minting of light gold coins, sovereigns have not been struck in this country since early in the War, although they have been struck in Australia and South Africa. The value of gold in a sovereign of standard weight, at the price quoted in the London market on Saturday last, namely, 119s. 9d. per fine ounce, was approximately 28s. 2d. The value of bar gold in the financial year ended March, 1914, was 77s. 9d. per ounce.