Sovereign Gold Coin (incl GST). The iconic Sovereign Gold Coin was produced between 1852 to 1931. Each coin is 7.986g and minted from solid 22ct gold (91.7%) yielding a pure gold content of 7.3g or 0.23 oz. Over time they were either minted in the UK, India or in Australia at either Sydney, Melbourne or Perth with corresponding S, M or P Mintmarks. Ainslie Bullion, being a bullion dealer not a coin dealer, does not differentiate nor present as certain series in the coins history.
There are 9 different types (but more permutations considering where they were minted). The 9 consist of the Sydney Mint Type 1 (1855-1856), Sydney Mint Type 2 (1857-1870), Victorian Young Head Shield Reverse (1871-1887), Victorian Young Head St. George Reverse (1871-1887), Victorian Jubilee Head (1887-1893), Victorian Veil Head (1893-1901), King Edward VII (1902-1910), King George V Large Head (1911-1928) & King George V Small Head (1929-1931).
Because they are not 99.99% pure nor legal tender they are not classified as investment bullion per se in Australia and attract GST.