1 Sovereign - Charles III 535 years of Sovereign, Silver

The sovereign as a denomination turns 535 years old in 2024, dating its origin to the first gold sovereign struck under Henry VII in 1489 — a coin deliberately oversized and magnificent to project Tudor dynastic confidence after decades of civil war. Gibraltar's claim to issue sovereigns is rooted in its status as a British Overseas Territory, a position that has generated a steady stream of commemorative coinage since the 1970s, particularly in silver and gold proof formats aimed at collectors rather than circulation.