2012 Elizabeth II Gold Proof Quarter Sovereign Diamond Jubilee
2012 Quarter Sovereign with one-year-only reverse by Paul Day.
The Story of 1/4 Sovereigns
The first gold Sovereigns were struck during the reign of Tudor king Henry VII. Centuries later, in 1817, a new gold coin bearing this name was introduced, following a major overhaul of British coinage.
Sovereigns once circulated across the globe but production ceased with the outbreak of the First World War. Reintroduced in 1957, annual issues attract investors and collectors with limited edition proof Sovereigns - hand-finished for a flawless effect - the most sought-after.
In 2009 The Royal Mint introduced a new fractional issue to the Sovereign family. The Quarter Sovereign measures just 13.50 millimetres across and has a nominal face value of 25p. Like other gold Sovereigns, these coins are made from 22 carat gold with the Quarter Sovereign offering .0588 Troy ounces of gold.
Diamond Jubilee Design
In honour of Queen Elizabeth II's Diamond Jubilee, The Royal Mint held a competition to find a special, one-time reverse for the 2012 Sovereign. The winning entry was by the British sculptor, Paul Day. Day's design is a take on Pistruccis' famous Saint George and the dragon scene, used on these coins since 1817.
Day's design fills the field and makes the dragon, snapping at the horses heels, as large as the figure of England's patron saint. The date is squeezed in beneath the beast's belly. It represents an emerging tradition at the Mint for celebrating royal anniversaries with alternate Sovereign designs.
This dynamic engraving is paired with Ian Rank-Broadley's depiction of Her Majesty the Queen. In use between 1998 and 2015, this fourth official effigy shows a greater degree or realism than its idealised predecessors. Broadley's initials - IRB - appear below Elizabeth II's portrait.
Collectible Proof Coins
This 2012 Quarter Sovereign has a fine proof finish. Intended for collectors, proof coins have more detail and a more contrast between fields and figures than their circulating and bullion counterparts thanks to multiple strikes of hand-prepared dies.
The coin comes in its original presentation case with a numbered certificate of authenticity.
7,579 proof Quarter Sovereigns were stuck in 2011 by The Royal Mint, not including those in sets.
These and the 2012 gold proof Quarter Sovereign are exempt from Capital Gains Tax as UK legal tender and free from VAT in the UK and EU as investment grade gold.
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