2002 Gold Proof Sovereign Golden Jubilee
A sought-after proof Sovereign with a special shield reverse to mark the Queen's Golden Jubilee.
The Story of the Sovereign
The first Sovereigns were struck during the reign of Tudor king Henry VIII. 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.
Special Golden Jubilee Design
Most Sovereigns feature an instantly-recognisable image of Saint George, slaying a dragon: a design crafted by Italian artist, Benedetto Pistrucci.
2002 proof Sovereigns mark a rare departure and instead feature a design inspired by the royal arms. Shield reverses like these were last used on gold Sovereigns during the reign of Queen Victoria though the arms on 2002 Sovereigns are those of Victoria's great-great granddaughter, Queen Elizabeth II.
The special design of 2002 Sovereigns was part of the official celebrations held for Her Majesty the Queen's Golden Jubilee. It was an appropriate way to mark 50 years on the throne, connecting one British monarch to her remarkable ancestor, who celebrated her own Golden Jubilee in 1887.
Just 12,500 of these special Golden Jubilee Sovereigns were released by The Royal Mint in 2002.
Limited Edition Presentation
Your 2002 Golden Jubilee proof Sovereign comes in its original packaging from The Royal Mint. This consists of a velvet lined presentation box in which the coin is presented inside a capsule. Also included: a numbered certificate of authenticity.
If you're considering Golden Jubilee Sovereigns there are a range of other options to consider:
- Bullion 2002 full Sovereigns offer the same royal arms design without the proof finish and the premium price tag
- Our bullion 2002 Half Sovereigns also have that one-year-only reverse and are minted in 3.99 grams of 22 carat gold
- Just looking to buy gold Sovereigns and not concerned about the year? Have a look at our best value Sovereigns: offered in good to fine condition
- Pushing the boat out? Then the 2002 thirteen coin proof set is for you: its the largest gold proof set The Royal Mint has ever issued
All Sovereigns 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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