Struck in 22 carat gold, this British coin marks the 500th anniversary of the sovereign and was designed by Bernard Sindall. We keep a waiting list for this coin, if you would like to be added please click the "email me when back in stock" or "add to wishlist" buttons.
The 1989 gold sovereign is only available in a proof finish. No uncirculated version of this sovereign was issued. Bernard Sindall designed the reverse and obverse of this coin to celebrate the 5th anniversary of the first gold sovereign for Henry VII in 1489. The original sovereigns were intended to be used as a symbol of Britain's importance and wealth, to impress the rest of Europe. Loose proof sovereigns come in their original capsule but are not accompanied by box or certificate.
|Sovereigns in 3 Coin Sets||10,000||7,936|
|Sovereigns in 4 Coin Sets||5,000||5,000|
Did You Know?
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.
We can remember having a scuffed specimen in stock for years at one stage, and could not sell it, even to go into jewellery, which is where it had been when we bought it. After a few years, we scrapped it.
There is no doubt in our mind that the average (non-sovereign collector) person like the St George design.
Since then, demand for the 1989 has grown, and prices are now sky high compared with the original price, which, from memory, was about £175.
Clearly there are difference of opinion between proof sovereign buyers; some want the familiar St George design, others prefer the special one-off designs. People buying as gifts tend to want the old familiar design, numismatic collectors tend to prefer the new different ones.
It is likely that the Royal Mint will continue to use the definitive St George design in most years, but will probably use any excuse to slip in something different, such as “struck-on-the day”, piedforts, and other gimmicks to stimulate interest.
The obverse features a representation of the Queen 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.
|Alloy||22 carat gold|
|Actual Gold Weight||0.2354 Troy oz|
|Obverse Designer||Bernard Sindall|
|Reverse Designer||Bernard Sindall|
|Mint||The Royal Mint|
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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 gold 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.
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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. You can view our current buy back prices here.
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