2022 Quarter Ounce Gold Sovereign Coin Review4 min read

Reading Time: 4 minutes

While many people may not know much about St. Helena, it’s a British possession located in the South Atlantic Ocean (just an FYI), you may be interested in the 2022 Quarter Ounce Gold Sovereign Coin. This unique, beautiful, and highly pure gold coin is no doubt a good coin for collectors, but is it a good choice for your investment portfolio?

Before you take the plunge and purchase one (or more) of these coins, read this 2022 Quarter Ounce Gold Sovereign Coin Review to find out if it is the right fit for you and your investment goals.

Quarter Ounce Gold Sovereign Coin

What is the 2022 Quarter Ounce Gold Sovereign Coin?

The 2022 Quarter Ounce Gold Sovereign Coin is considered legal tender for the island of St. Helena. This remote, volcanic island is approximately 1,200 miles west of Southern Africa and 2,500 miles east of Rio de Janeiro.

It is considered one of the most remote islands in the world and the second-oldest overseas territory owned by the United Kingdom (after Bermuda). History buffs may know it as the place that Napoleon was exiled to in 1815 after his final defeat.

The design of the 2022 Quarter Ounce Gold Sovereign Coin is both attractive and intricate. On the obverse, you’ll see the effigy of Queen Elizabeth II. This is, of course, because St. Helena is considered part of the British Empire. This portrait was created by sculptor Raphael Maklouv and you will see the Queen facing to the right and wearing her Royal Diadem (crown).

The real focal point of this coin, however, is the design on the reverse. The shield represents England, Scotland, and Ireland, with The Royal Arms of England depicting three lions (representing bravery and valor), one each for England, Normandy, and Aquitaine.

You will also see The Royal Coat of Arms of the Stringed Argent to represent Ireland. If you’re ever on Jeopardy, an Argent is a silver-stringed golden harp. Rounding out this unique design is the Scottish Coat of Arms depicting yet another lion.

This coin has a lot packed into one coin, but the result is definitely gorgeous!

Value of 2022 Quarter Ounce Gold Sovereign Coin

We all know that gold is valuable and anyone that knows anything about precious metals knows that you can’t pinpoint an exact price of any coin like this without knowing the daily spot price of gold. So, while we could give you an idea of what the value of the Gold Sovereign is today, it likely wouldn’t be accurate for very long.

If you want a general idea, you can take the current spot price for gold and divide it by four. This number will be slightly less than the actual value of this coin as coins are often worth more than just the spot price because of their design and how exclusive they are.

However, if you want an exact value of a 2022 Quarter Ounce Gold Sovereign Coin, I would recommend that you contact a reliable precious metals provider. They will be able to help you find out the value of a coin you already own or one you may be considering for purchase.

Gold Coins in a Precious Metals IRA

The IRS regulates the types of coins that can be kept in a precious metals IRA. For a gold coin to be eligible, it must be at least 99.5% pure. The 2022 Quarter Ounce Gold Sovereign Coin comes in at 99.99% pure gold, which means it is eligible to be added to your Gold IRA.

To ensure that you are doing what is best for your retirement portfolio, it is recommended that you contact a precious metals provider and an IRA custodian. Both can help you to understand the intricacies of adding gold and other precious metals into your investment portfolio and make sure that you’re following the law to a “T.”

Is Buying the 2022 Quarter Ounce Gold Sovereign Coin a Good Investment Decision?

Investing is a very personal decision and what works for you may not work for the next person. Only you know what your investment goals are and what types of investments are best for those goals.

It’s a fact, though, that precious metals in general are a good way to diversify your investment portfolio as the price of precious metals rarely goes the way of stocks and bonds.

Also keep in mind that precious metals are a liquid investment, meaning you can typically sell them quickly and convert them into cash, they are a hedge against inflation, and they are considered a tangible asset.

Final Thoughts on the 2022 Quarter Ounce Gold Sovereign Coin

Investing in coins and precious metals isn’t for everyone. Once you’ve decided that you want to use coins and metals in your investment portfolio, you need to decide what types of investments will work best for your portfolio and weigh the pros and cons of these choices.

If you’re considering the new 2022 Quarter Ounce Gold Sovereign Coin, look at your portfolio, and your goals and meet with a trusted advisor to make a final determination before dropping your hard-earned cash.

About 

Edwin Cannon has spent his entire career in the financial industry and specializes in alternative investments and surviving marketing turbulence. He started My Retirement Paycheck to help educate consumers about retirement investment options that aren't typically introduced by advisors.