2010 Elizabeth II Gold Proof Sovereign
Low mintage 2010 gold proof Sovereign with Ian Rank-Broadley’s portrait of Queen Elizabeth II.
Sovereigns: A Brief History
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.
Historic Obverse and Reverse
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 Ian Rank-Broadley's portrait of Her Majesty the Queen. In use between 1998 and 2015, this fourth official effigy shows a greater degree of realism than its idealised predecessors. Broadley's initials - IRB - appear below the truncation of Elizabeth II's neck.
Very Low Mintage Year
While bullion Sovereigns are minted in significant numbers by The Royal Mint each year, only a small number of proof coins are offered. Intended for collectors, proof coins have a high-definition, high-contrast finish, achieved with multiple strikes of hand-prepared dies. 2010 was a particularly low mintage year, the lowest of the 2000s decade. The finish is preserved by the original black velvet presentation box that this coin comes in. Also included: a numbered certificate of authenticity.
Only 6,809 proof Sovereigns were offered by The Royal Mint in 2010, not including those in sets.
If you're interested in buying Sovereigns you might want to consider our best value, mixed-year gold Sovereigns which make a great investment.
Like all Sovereigns, this 2010 example is exempt from Capital Gains Tax as UK legal tender and free from VAT in the UK and EU as investment grade gold.
We are always proud to show off our previous customers experiences with you and what they thought of our purchasing through with Britannia Coins.