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Ian Rank-Broadley's regal portrait of Queen Elizabeth II appears on the obverse, together with an inscription which reads 'ELIZABETH · II · D · G REG · F · D · 1998 ·'. Introduced this year, the Rank-Broadley effigy was the fourth image of Her Majesty used on her coinage.
The reverse of this commemorative coin is inspired by the twelve stars of the European Union flag, which appear like fireworks in this design by John Mills. 'EU' is inscribed at the base of the stars with '1973' and '1998'on either side, with '50 PENCE' below.
This is one of the first commemorative Fifty Pence coins minted in the new, smaller size, following modifications to the denomination. It's struck in 15.50 grams of solid 22-carat gold with a proof finish and measures 27.30 millimetres in diameter.
The Royal Mint authorised the release of 1,500 of these European Economic Community 50p coins in solid gold, but it appears that just 1,177 were actually issued. This is a limited edition pre-owned coin, supplied in the original presentation case with a numbered certificate of authenticity.