2022 Gold Proof Sovereign Memorial NGC - PF-70 First Releases

This 2022 Gold Proof QEII Memorial Sovereign is the first sovereign to feature King Charles III and was graded by NGC numismatists, receiving the highest grade of PF-70 ULTRA CAMEO. With a fitting tribute to the late monarch, the reverse of the coin showcases a fresh interpretation of the Royal Coat of Arms engraved by Jody Clark.

This coin also comes with the original box and certificate of authenticity from The Royal Mint. 

• Manufactured by The Royal Mint
• NGC Grade: PF-70 Ultra Cameo First Releases
• First Sovereign coins to feature the first coinage portrait of King Charles III
• 22 carat gold / 916.7 fineness
• Struck to a proof finish
• Contains 0.2354 troy ounce of the precious metal
• Exempt from Capital Gains Tax & VAT
• Weight: 7.98g
• Diameter: 22.05mm

2022 Memorial Sovereign

These are the second range of 2022-dated sovereigns to be released, following on from the 2022 Platinum Jubilee Sovereign Range.

Click the links to discover our range of 2022 Memorial Sovereigns. These include piedfort sovereigns, half sovereigns and quarter sovereigns, BU matt sovereigns, as well as 3-coin and 5-coin sets.

PF-70 Grade

NGC defines a PF-70 grade as the following:

A coin with no post-production imperfections at 5x magnification. It is the highest grade possible. 

Ultra Cameo Grading

Coins that are graded as Ultra Cameo means the obverse and reverse fields are deeply mirrored and the devices are heavily frosted.

What Is a Proof Coin?

A proof coin is a type of coin that is produced using a specific minting process that results in a highly polished surface and intricate design details. The coins are designed for collectors and investors who are interested in a high-quality product that showcases superior craftsmanship and minting quality.

Proof coins are typically produced in limited quantities and may feature unique packaging, certificates of authenticity, or other distinguishing characteristics that set them apart from standard coins. Due to their limited production and exceptional finish, proof coins generally command higher prices than regular coins of the same denomination and are highly prized by both collectors and investors.

Queen Elizabeth II

Queen Elizabeth II passed away peacefully at Balmoral on 8th September 2022. The news broke around 6:30pm BST as messages of condolences from world leaders flooded in.

The state funeral took place at Westminster Abbey on Monday 19th September. She was laid to rest at St. George's Chapel, alongside her late husband, Prince Philip, her parents, King George VI and Queen Elizabeth, and her sister, Princess Margaret.

King Charles III

Upon the death of his mother, the crown automatically passed to Prince Charles, who assumed the title of King Charles III.

The Accession Council proclaimed him king on Saturday 10th September 2022. His coronation will not be held until 2023.  

The obverse features the first definitive UK coinage portrait of King Charles III, designed by Martin Jennings. This is the first sovereign with the portrait of King Charles III. The text reads:

CHARLES III ∙ DEI ∙ GRA · REX ∙ FID ∙ DEF · 

Designed by artist, Jody Clark, the reverse features a new depiction of the Royal Coat of Arms. This highly detailed design pays a fitting tribute to the late monarch. It is notably different from Timothy Noad's version, which appeared on the first version of the 2022 proof sovereign. 

The Royal Arms consist of a quartered shield of the United Kingdom held by two supporters, the lion of England and the unicorn of Scotland. The shield is surmounted by a royal crown, topped by a golden lion. 

The Order of the Garter, reading 'HONI SOIT QUI MAL Y PENSE' is just visible behind the shield. This French motto is roughly interpreted as “EVIL BE TO HIM WHO EVIL THINKS THEREOF”. 

An intricate pattern appears in the background, with the floral emblems of England (rose), Scotland (thistle) and Ireland (shamrock) in the lower field. 

At the bottom of the design, the motto "DIEU ET MON DROIT", meaning "GOD AND MY RIGHT" can be found, with the date '2022'.