1 Sovereign - George V

South Africa's sovereign coinage under George V occupied an awkward transitional moment: the Pretoria mint had only opened in 1923, and these early issues were struck partly to demonstrate that the Union could manage full gold coin production domestically rather than relying on London or the branch mints at Sydney and Melbourne. The SA mint mark distinguishes these from their British counterparts, and collectors have long noted that the 1923 first-year pieces command a premium disproportionate to their actual scarcity.

Production ended in 1928 when Britain suspended sovereign minting across most of its branches ahead of the broader gold standard collapse.