2020 St Helena Gold Proof Sovereign Set - East India Company.
This set has an issue limit of only 500!
These special commemorative sovereign gold coins were issued by the East India Company to commemorate 200 years since the end of King George III's reign.
This gold coin set is comprised of 3 coins: a sovereign, a half sovereign and a quarter sovereign. Each coin is struck in 22-carat (0.917) fine gold, with the set containing a total of 0.4114 troy ounces of the precious metal.
George III was one of Britain's longest serving monarchs, and sat upon the throne for nearly 60 years. He was however, one of the most unfortunate ones, and spent most of his final years in poor mental health, for which he is sadly, best known.
In 1816, Britain was in the grip of a financial crisis!
During the French Revolutionary Wars (1792-1802) and the Napoleonic Wars (1803-1815) Britain had exchanged large cash subsidies to pay nations such as Austria, Prussia and Russia to join British forces in the fight against France. As a direct result of the military and economic warfare against France, Britain was thrown into a state of great financial instability.
In order to restabilise Britain’s currency, the government introduced a series of coins, including the sovereign. These coins were truly worth their weight in gold and silver and the Act defined the value of the pound sterling relative to gold and silver.
The obverse shows the fifth definitive portrait of HM Queen Elizabeth II by Jody Clark.
The reverse of these coins are:
The sovereign coin features a modern interpretation of 1799 spade guinea, originally designed by Lewis Pingo. The inscription reads:
HONI SOIT QUI MAL Y PENSE 2020
The half sovereign design is inspired by the 1817 silver half crown. This was the first crown coin to be issued after the Coinage Act of 1816.
HONI SOIT QUI MAL Y PENSE
The quarter sovereign is a tribute to the 1798 'Dorrien Magens' shilling, which is considered the rarest shilling issued during King George III's reign. The inscription reads:
HONI SOIT QUI MAL Y PENSE 2020
|Gold Weight Troy Ounces||0.411|
|Fineness / Carat||0.917 / 22|
|Obverse Designer||Jody Clark|
|Issuing Monarch||Elizabeth II (1952 - Date)|
|Mint / Brand||East India Company|
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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 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.
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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.
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