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1993 Elizabeth II Gold Proof Sovereign

1993 Elizabeth II Gold Proof Sovereign Boxed

Buy a 1993 Elizabeth II Gold Proof Sovereign

from
£895.00
(VAT Exempt)
One of just 6,090 proof Sovereigns issued by The Royal Mint in 1993. This low-mintage UK gold Sovereign is composed of 7.98 grams of 22 carat gold and measures 22.05 millimetres in diameter. It fits the exacting specification established for the very first modern Sovereigns. These coins were introduced in 1817 during the reign of George III, part of an overhaul of British money following the Napoleonic Wars. Those early nineteenth century Sovereigns featured a reverse that is closely associated with the denomination. It shows England’s patron saint - St George - in the act of slaying a dragon which is crushed beneath his horses hooves. The design is the work of an Italian artist named Benedetto Pistrucci and is reproduced on this 1993 Sovereign, tying this modern issue to a long and proud history. The classic Saint George reverse is paired with a portrait of Queen Elizabeth II by Raphael Maklouf. This effigy of Her Majesty was in use on British money between 1985 and 1997. You can appreciate both designs as they were intended by the artists thanks to the fine proof finish that this coin features. The finish is preserved by the original capsule and case, as issued by The Royal Mint. Enclosed within this is a numbered certificate of authenticity.
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Low mintage gold proof 1993 Sovereign from The Royal Mint.

History of the Sovereign

The first Sovereigns were struck during the reign of Tudor king Henry VII. Centuries later, a new gold coin bearing this name was introduced, following a major overhaul of British coinage. This Sovereign, first minted in 1817, established specifications that are still strictly followed today.

All Sovereigns weight exactly 7.98 grams and are composed of 22 carat gold. That's a gold weight of 7.32 grams or .2354 troy ounces. Sovereigns measure 22.05 millimetres in diameter and have a nominal face value of one pound sterling though their gold content means they command significantly higher prices.

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.

Pistrucci's Saint George

For much of its history the modern Sovereign has featured an iconic reverse design, crafted by Italian artist Benedetto Pistrucci. His instantly-recognisable Saint George and the Dragon design 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.

Pistrucci's reverse is paired with Raphael Maklouf's portrait of Her Majesty the Queen. This effigy was in use on British coinage between 1985 and 1997. Maklouf's initials - 'RDM' - appear on the truncation of Elizabeth II's neck.

Gold Proof Sovereigns

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 6,090 proof Sovereigns were offered by The Royal Mint in 1993 - a low mintage year.

The finish is preserved by the original dark red leather presentation box that the coin comes in. Also included: a numbered certificate of authenticity.

If you're interested in buying Sovereigns you might want to consider our best value, mixed-year 'full' Sovereigns which make a great investment.

Like all Sovereigns, this one is 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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