In 1860 how much was 1 sovereign worth?

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1014258

2026-03-24 23:16

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In 1860, one British sovereign was worth approximately £1, which was equivalent to 20 shillings or 240 pence. The sovereign itself was a gold coin containing approximately 0.2354 troy ounces of gold. The value of the sovereign fluctuated slightly over time due to changes in the gold market, but it generally maintained this value during that period.

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