The George V gold sovereign, minted between 1911 and 1932, remains a highly prized coin in the Middle East and India, valued not only for its gold content but also for its rich history and rarity. Originally produced at the Royal Mint in London and several colonial branch mints, the coin played a pivotal role in international commerce and wartime diplomacy, often used by British forces and officials for bribes, payments, and escape kits during conflicts such as the First and Second World Wars.

Its popularity in the region is rooted in its association with stability and trust, especially during periods of local currency inflation and crisis. The coin's iconic design, featuring King George V and St. George slaying the dragon, adds to its allure among collectors and those who use it as jewelry. Some sovereigns, like the rare 1917 London mint coin, command high prices and are frequently targeted by counterfeiters.

After production ceased post-Second World War, demand for the sovereign led to widespread counterfeiting, particularly in the Middle East and the Balkans. Many fakes were produced with the same gold content as originals, making them difficult to detect. Today, genuine George V sovereigns are still sought after, but collectors must remain vigilant due to the prevalence of forgeries.