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The value of a sovereign in 1820 Britain

Hello all, well I think the title covers it. I have been pulling my hair out with the internet. I keep asking the question and all I get is gold dealers and what a 1820s sovereign is worth now.
And I thought the superhighway always came up trumps. I however, know that on this site at least two people write historical fiction but of course facts of the era have to be correct. Please help me from inflicting baldness on myself by pulling my hair out.
Thank you, Paul G

Asked by: Paul Garside

  1. Nick Cooper on August 1, 2017

    A full sovereign would have been 1 pound sterling in 1820, worth the quivalent of around £800 today. Sovereigns today are the same weight, and while nominally worth £1, have a value in the gold of around £240.

    https://www.measuringworth.com/ukcompare/

  2. Paul Garside on June 16, 2017

    You state the obvious Jimmy, everybody knows those facts. However, you forgot to mention the gold wrist-sundial timepiece.
    How could you have forgotten that one... Jimmy!!!
    Paul.

    2
  3. Jimmy Hollis I Dickson on June 16, 2017

    May I interest you in a bottle of Doctor Jim's Patented Hair-Restorer? At tuppence-farthing it will be my financial ruination.

    2
  4. Jimmy Hollis I Dickson on June 16, 2017

    I remember when I were a lad (1820 hits it near enough to make no never mind), a sovereign would buy you four ounces of licorice snails, two ounces of butterscotch, a week in a run-down hotel on the seafront at Sandbourne, four acres with a cottage (still standing, but needing repair) just outside Christminster, a private audience with the Queen Mother, a 30% interest in a racehorse with aspirations to win at Budmouth (she DIDN'T though, did she?)... and still have enough change left over to buy you a living at Melchester.

    2
  5. Paul Garside on June 16, 2017

    Ha made a big mistake in hitting the 9 instead of the 8. 1820 NOT as I said 1920.
    Paul

    1

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