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SOVEREIGN

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Originally appearing in Volume V25, Page 519 of the 1911 Encyclopedia Britannica.
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SOVEREIGN , originally an See also:

adjective, meaning " supreme," especially having supreme or See also:paramount See also:power. The word in See also:Middle See also:English was soverain or sovereyn, and was taken through Old See also:French from See also:Low Latin superanus, See also:chief, See also:principal. The intrusive " g," which is due to a popular confusion of the termination of the word with " reign," See also:dates, according to See also:Skeat, from about 1570. The See also:form " sovran," borrowed by See also:Milton from See also:Italian sovrano, See also:soprano, is chiefly found as a poetical usage. As a substantive " sovereign " is applied to the supreme See also:head of a See also:state (see See also:SOVEREIGNTY), and to the See also:standard English See also:gold See also:coin, See also:worth 20 shillings or £1 (see PGUND). The gold sovereign was first struck in the reign of See also:Henry VII. (1489); it was of gold of the standard fineness (994.8) and weighed 240 grains. Itbore the figure of the See also:king crowned, in royal See also:mantle, seated on the See also:throne, and holding the See also:sceptre and See also:orb. The sovereign was coined in successive reigns until that of See also:James I., when the name " unite " was given to the coin to See also:mark the See also:union of the two kingdoms. The gold coinage of the See also:kingdom was, until 1816, a secondary See also:part of the monetary See also:system, but in that See also:year the See also:silver standard was discontinued and a •gold standard adopted. The sovereign was chosen the new unit of the currency, and the first issue took See also:place in 1817. Its See also:weight was fixed at 123.274 grains; its fineness at 916.66 or twenty-two carats.

These See also:

standards of weight and fineness are those still in force. At the . same See also:time was issued the See also:half-sovereign, of weight in proportion. The weight of 9342 sovereigns is exactly See also:equivalent to twenty See also:Troy pounds, and the weight of each individual sovereign is calculated on this basis. The sovereign is eleven-twelfths pure gold and one-twelfth alloy, See also:copper being usual. The See also:light See also:colour of See also:early Australian sovereigns was due to the use of silver instead of copper. Five-See also:pound pieces were coined in the reigns of See also:Queen See also:Victoria and See also:Edward VII. They were also authorized in the reign of See also:George III. (as were two-pound pieces), but the See also:dies were not completed before the See also:death of that sovereign. Specimens were, however, subsequently struck. There were also some See also:pattern pieces struck in the reign of George IV. Two-pound pieces were issued in the reign of George IV.; they were struck in the reign of See also:William IV., but not issued for circulation; they are current coins of the reigns of Victoria and Edward VII.

End of Article: SOVEREIGN

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