This 1989 Gold Proof Double Sovereign has been graded by the Numismatic Guaranty Corporation (NGC) and has been given the grade of PF 70 Ultra Cameo.
This coin set celebrates the 500th anniversary of the gold sovereign and features the sought-after Coronation obverse and Tudor Rose reverse designs, by Bernard Sindall.
Struck in 22 carat (.917 fine gold), this £2 coin contains 0.47 troy ounces of the precious metal.
It's worth noting that these coins have been graded as ultra cameo, which means there is a high definition between the matte and mirror finish on the design.
When these sovereigns were originally issued in 1989, they were not universally popular, and the Royal Mint failed to sell out of its entire issue limit. We believe this was because the coin was different, and many people expect and want the familiar St. George and Dragon design.
Since then, demand for the 1989 has grown, and prices are now sky high compared with the original price.
The Mint have made one-off design sovereigns in 2002, 2005, 2012, 2017, and most recently 2022 all of which have been popular. These special issues may have contributed to the increased interest in the 1989.
The obverse features a representation of Queen Elizabeth II at her coronation. She is seated facing on a throne and is holding the Sceptre with the Cross and the Rod with the Dove. The legend reads:
ELIZABETH • II • DEI • GRA • REG • FID • DEF
The reverse of the 1989 Elizabeth II gold sovereign mirrors its 500 year old original counterpart. The Royal Arms shield is surmounted by the royal crown, both of these images are superimposed upon a double Tudor rose. The inscription reads:
1489-1989 ANNIVERSARY OF THE GOLD SOVEREIGN
Both the reverse and the obverse designs were created by the sculptor, Bernard Sindall.
|Weight / Size||Double|
|Gold Weight Troy Ounces||0.471|
|Fineness / Carat||0.917 / 22|
|Obverse Designer||Bernard Sindall|
|Reverse Designer||Bernard Sindall|
|Issuing Monarch||Elizabeth II (1952 - Date)|
|Mint / Brand||The Royal Mint|
You can find more information on payment and identification requirements.
Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
View our full Terms & Conditions.
We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
For international delivery, please check with your local customs office for more information on custom duty and taxes.
Full delivery information can be found by clicking here.
We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.