1982 Proof Gold Sovereign
The Britannia Coin Company offers you a 1982 Full Gold Proof Sovereign. A smart addition to any collection, we hope to ensure you make a confident decision.
7.98 Grams of 22 Carat Gold
The Sovereign today adheres to standards that were introduced when they were reintroduced in 1817. The 1982 Gold Proof Sovereign also meets this rigorous criteria.
Each Full Gold Sovereign contains copper weight, which is what lends the Sovereign its warm reddish tone.
However the gold weight is a fantastic 7.32 grams or 0.2354 troy ounces of pure gold. This 22 Carat Gold is the equivalent to a purity of 91.6% or a fineness of .917.
The dimensions also meet strict guidance, with every Gold Sovereign having a diameter of 22.00 millimetres and a thickness of 1.52 millimetres.
Saint George and the Dragon
The Great Recoinage and resurrection of the Sovereign in 1817 called for a new design to appear on the reverse of the coin. The design that was chosen has become synonymous with the gold Sovereign. Benedetto Pistrucci's depiction of Saint George and the Dragon has largely held its own as the engraving of choice for the reverse of Sovereign's for over 200 years. This particular design also paid homage to the King on the throne during its inception – George III as well as his successor George VI – as well as the recent victory over the French at Waterloo.
The design was used almost consecutively on the Sovereigns of the British monarchy, featuring since the reign of Victoria exclusively, right up until the present day, including the 1982 Proof Gold Sovereign.
Arnold Machin's Royal Portrait
Arnold Machin is the artist responsible for the ‘second portrait' of Elizabeth II that is seen on the 1982 Proof Gold Sovereign. This portrait featured from 1968 to 1985 exclusively. After producing the winning entry in a competition to create a new coin effigy, he also produced the reverse of the crown issued in 1972 to mark the Silver Wedding of the Queen and Prince Phillip, as well as the obverse and reverse of the Silver Jubilee crown of 1977. Machin is primarily known for his iconic bas-relief sculptures of Her Majesty; the effigy he created for Royal Mail Definitive stamps is still used to this day and is thought to be the most reproduced work of art of all time.
The inscription on the obverse reads ‘ELIZABETH II DEI ∙ GRA ∙ REGINA ∙ FID ∙ DEF∙'. Translated from Latin, this phrase means ‘By The Grace of God, Queen, Defender of the Faith'. This acknowledges Elizabeth II's role as Supreme Governor of the Church of England. A position she has held since her coronation in 1952, a similar phrase has appeared on all of her official and commemorative currency since.
Struck to Impressive Proof Standard
Proof coins are the highest quality commemorative coins produced. They represent true skill and expertise, making coins like the 1982 Gold Proof Sovereign truly exceptional examples for collectors everywhere.
The dies that are used to strike Proof coins are hand finished to ensure perfection. The blanks are fed into the press by hand, before being struck up to six times. Working at a lower speed, and with less pressure than other finishes, this preserves the finer details of the designs. Each Proof die may only strike a few hundred coins before it has to be re-polished. This means that the Royal Mint can only strike about 50 Proof coins per hour. This is an exponentially slower rate of production than that maintained for circulating coins.
Due to the more intensive processes involved, Proof coins are usually issued in limited numbers. This is the case for the 1982 Gold Proof Sovereign, as only 20,000 coins were struck in this year. Although this number is high in comparison to most modern Sovereign minting rates, it is much lower than the 2.9 million Brilliant Uncirculated Bullion that were minted in the same year.
History of the Gold Sovereign
The Gold Sovereign dates back over 500 years, to the reign of Henry VII in 1489. However, this is not the Sovereign we see today. In 1816, after the Napoleonic Wars, the British government enforced a huge reform of Britain's coinage. It was by this act that the Sovereign was brought back into British currency in 1817, during the reign of George III. The first modern gold sovereign was struck in The Royal Mints' new premises in Tower Hill with their newly acquired steam powered coin press.
An instantly recognisable coin today, the Sovereign is considered to be one of the most trusted bullion coins in existence, highly coveted and relied upon by investors around the world. With a long and interesting legacy, the 1982 Gold Proof Sovereign makes for an excellent way to own a relic of the ages.
Collecting and Investing in Sovereigns
Nearly 40 years since this coin was minted, fewer and fewer 1982 Gold Proof Sovereigns are coming to the market. If you are working to complete a Proof Sovereign collection then it's important to acquire these dates when they become available.
As well as appealing to collectors of commemorative coins, Proof Sovereigns like the 1982 issue are an excellent way to diversify your investment portfolio for several reasons:
- The 22 Carat Gold composition of Gold Sovereigns offers the intrinsic security of precious metal as a way of storing wealth
- Their relatively low weight of 7.98 grams means that prices for Sovereigns are accessible and small portions of your collection can be liquidated much easier than gold bars
- The numismatic value and aesthetic beauty of coins like the 1982 Gold Proof Sovereign can give them a value above the gold price on the collector's market
- As they are composed of investment grade gold, 1982 Gold Proof Sovereigns are exempt from VAT in the UK and the European Union
- An additional tax benefit: Gold Sovereigns are technically legal tender in the UK, making them exempt from Capital Gains Tax.
Here at The Britannia Coin Company we can't recommend the 1982 Gold Proof Sovereign enough. Secure yours today and get free insured delivery on your order. Any questions? Call or email today and our expert staff will be pleased to assist.
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