rare coin dating back 500 years is to be auctioned by the Royal Mint with bids opening at £950,000. Historic coin experts sourced the Type-2 Henry VII sovereign which is only a few in the world not held by a museum.The Henry VII fine gold sovereign of 20 shillings is the earliest gold sovereign a collector can own.It was created to assert the authority of the first Tudor King of England through its splendour, weight and size.Bids will open at a staggering £950,000 when the sought-after coin is put up for auction by Royal Mint next month.Henry VII, father of Henry VIII and grandfather to Elizabeth I, started the Tudor dynasty and was determined to cement his position.Rebecca Morgan, divisional director of collector services at the Royal.
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