1982 Gold Full Sovereign Elizabeth II Bullion Coin

Buy 1982 Gold Sovereigns

The 1982 gold Sovereign is a popular choice among collectors and investors seeking classic British bullion.

Struck by The Royal Mint in 22-carat gold, the 1982 Sovereign contains 7.31 grams of pure gold and features a timeless design rooted in over 200 years of tradition. Recognised globally for its historic value and liquidity, these coins are VAT-free and Capital Gains Tax exempt for UK residents, making them an attractive addition to any investment portfolio.

These pre-owned 1982 Sovereigns never entered circulation but may show bag marks, minor scratches and red spots, typical of pre-owned bullion coins.

Royal Portrait Of Elizabeth II

The obverse of the 1982 Sovereign features the second definitive coinage portrait of Queen Elizabeth II, designed by British artist Arnold Machin.

Introduced in 1968, this effigy shows the Queen wearing the Girls of Great Britain and Ireland tiara and remained in use until 1984. The elegant profile captures the early years of Her Majesty's reign, offering a distinct contrast to later portraits used in subsequent decades.

The inscription around the bust reads 'ELIZABETH ∙ II ∙ DEI ∙ GRATIA ∙ REGINA ∙ F: D:'.

Browse the range: 2nd Portrait Machin Gold Sovereigns

Saint George And The Dragon

Benedetto Pistrucci's iconic engraving of Saint George slaying the dragon, a powerful symbol of valour and victory, features on the reverse of 1982 bullion Sovereigns.

This classic motif has graced Sovereigns since 1817 and remains a defining feature of the series. The design was created late in the reign of King George III and shows Saint George mounted on a rearing horse, armed with a sword, in the act of triumphing over a serpentine winged dragon beneath him.

The design continues to be used on Sovereigns today and shines on this 1982 coin, which displays the date and the artist's 'B.P.' initials beneath the ground line.

1982 Sovereign Mintage Figures

In 1982, The Royal Mint did not issue Sovereigns for circulation, producing them solely to meet demand from bullion investors and collectors.

Records indicate that the total mintage of 1982 bullion Sovereigns was 2,950,000, significantly lower than earlier Queen Elizabeth II Sovereigns. While not rare, the 1982 Sovereign remains a sought-after piece, particularly in collectable grade.

A proof Sovereign was also issued in 1982, featuring the same design but with a significantly lower mintage of 20,000 offered in an individual presentation, plus further coins struck for 1982 4-Coin Sovereign sets.

The 1982 Sovereign Family

The Royal Mint released a range of gold Sovereigns in 1982, including a premium collectors set:

• 1982 bullion Sovereign
• 1982 proof Sovereign (supplied in a presentation case)
• 1982 bullion Half Sovereign (the first Elizabeth II bullion Half Sovereign)
• 1982 proof Half Sovereign
• 1982 4-Coin Sovereign set (including a gold Five Pound and Double Sovereign that were only available in these sets)

What Are 1982 Sovereigns Worth?

The value of a 1982 Sovereign is largely dependent on the current gold spot price, as each coin contains 7.31 grams of pure gold.

While demand from collectors can influence the value slightly, the vast majority of 1982 Sovereigns are bought and sold as bullion coins. This means that their market value closely tracks the live gold price, with most dealers adding only a small premium, representing a modest profit and covering costs. As a result, when the gold price rises, so does the value of a 1982 Sovereign, making these coins an effective way to hold and trade physical gold.