It is a sovereign or half sovereign, but that depends on weight and diameter as stated above. There are fakes out there, that is why the weight and diameter are very important.
Well the diameter is right, but it's hard to say without the weight. Just looking at it there's a lot of flatness on the design but I don't know if it's wear or not (I'm inclined to say it isn't as Edward VII's ear is still reasonably sharp).
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