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1992 Elizabeth II Gold Proof Sovereign

1992 Elizabeth II Gold Proof Sovereign Boxed
from
£995.00
(VAT Exempt)
One of just 6,904 issued! Gold proof Sovereigns are always struck in limited numbers by The Royal Mint but 1992 was a particularly low mintage year. In addition, 1992 fell in the period when no bullion Sovereigns were minted (between 1983 and 1997). If you’re looking to complete a Sovereign set then you need a 1992 proof Sovereign. This one comes in it is original case of issue, enclosed in a capsule with a numbered certificate of authenticity included. It’s composed of 7.98 grams of 22 carat gold with a diameter of 22.05 millimetres like all modern ‘full’ Sovereigns. The obverse shows Raphael Maklouf’s portrait of Her Majesty the Queen. It’s the third definitive portrait of Elizabeth II to feature on her coinage. The reverse shows the instantly recognisable image of Saint George in the act of slaying a dragon from horseback. The design was created for the Sovereigns struck in 1817 and has seen perennial use on these coins over the last two centuries. It’s the work of an Italian artist named Benedetto Pistrucci. His initials appear below the dragon, next to the date. The fine proof finish allows you to enjoy both obverse and reverse designs as the creators intended.
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Limited edition 1992 gold proof 'full' Sovereign with Raphael Maklouf portrait.

The Story of the Sovereign

The Gold Sovereign dates back over 500 years, to the reign of Henry VII in 1489. The prestigious name was revived for a new coin, first minted in 1817 in the aftermath of the Napoleonic Wars. 

This new gold Sovereign was composed of 7.98 grams of 22 carat gold (.2354 troy ounces) and had a diameter of 22.05 millimetres. These specifications have remained the same down the centuries and today’s Sovereigns are still minted to the same standards. Nominally, Sovereigns have a face value of one Pound sterling though their gold content means they are worth significantly more.

The most sought after Sovereigns offered by The Royal Mint are undoubtedly their proof coins. Intended for collectors, these pieces have the finest available finish and are offered annually in limited numbers.

Pistrucci's Saint George

For much of its history the modern Sovereign has featured an instantly-recognisable reverse design, crafted by Italian artist Benedetto Pistrucci. His classic Saint George and the Dragon motif shows England's patron saint mounted on a horse, slaying a dragon underfoot.

It's a powerful image that has become synonymous with the gold Sovereign. These coins don't carry their denomination on their face as part of their legend like most currency, so the Saint George motif is an easy identifier for many collectors. The coin's date appears below the dragon.

Between 1985 and 1997 British money, including Sovereigns, featured a portrait of Her Majesty Queen Elizabeth II by renown sculptor Raphael Maklouf to the obverse. His effigy shows the Queen wearing the George IV State Diadem. Maklouf's initials can be seen on the truncation of her neck.

A Collectible Gold Coin

Proof coins are always offered in limited numbers while their bullion counterparts are often easier to acquire. Between 1983 and 1997 no bullion Sovereigns were struck making the proof coins all the more sought after. They have a high-definition, high-contrast finish, achieved with multiple strikes of hand-prepared dies.

Only 6,904 proof Sovereigns were issued by The Royal Mint in 1992.

Your proof Sovereign comes in it is original presentation case from The Royal Mint. The coin remains sealed in it capsule meaning the proof finish is well preserved. The original numbered certificate of authenticity is included.

You might also want to consider a couple of alternatives including proof 1992 Half Sovereigns and our best value, mixed year Sovereigns.

All Sovereigns, including those struck in 1992, 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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