Sovereign (British coin)
The British government promoted the use of the sovereign as an aid to international trade. The Royal Mint took lightweight gold coins out of circulation. From the 1850s until 1932, the sovereign was also struck at colonial mints, initially in Australia, and later in Canada, South Africa and India. They have been struck again in India since 2013 for the local market. The sovereigns issued in Australia initially carried a unique local design, but by 1887, all new sovereigns bore Pistrucci's George and Dragon design. Strikings there were so large that by 1900, about 40 per cent of the sovereigns in Britain had been minted in Australia.