2002 Gold Sovereigns
2002 sovereigns have a shield design to celebrate the Queen's Golden Jubilee year. This was only the second time in over a century that a design other than the familiar St. George and Dragon reverse has been used on British gold sovereigns. The last occasion was in 1989 to celebrate the 500th anniversary of the very first gold sovereign. These 1989 sovereigns were only issued as proofs, and are now difficult to obtain.
Sell-Out Correctly Predicted
2002 sees the celebration of the Queen's Golden Jubilee, fifty years of her reign. Although there will be a few who do not like the new design, preferring the usual St George & Dragon design, we believed that the demand for 2002 sovereigns would be more higher than normal, yet the Royal Mint's issue limits remain the same as for 2001. In 2000, we correctly predicted that the proofs would sell out quickly, they sold out within two weeks, exceeding even our expectations. This year we expected both the proofs and uncirculated versions to sell out, we predicted correctly because the Royal Mint have now sold out.
Shield Reverse
The shield reverse was last used for Queen Victoria from 1838 to 1887 inclusive. This was Victoria's golden jubilee year, and the design of the sovereigns was changed in that year. In fact for the date 1887, three different sovereign designs were issued. It is perhaps fitting, then, that the Royal Mint appear to have chosen not only to change the gold sovereign design for our own queen's golden jubilee, but also to revert back to the shield design.
The 2002 United Kingdom issue of Proof Sovereign marks the Queens Golden Jubilee with a change of design. The reverse design features the Shield design - the Royal Arms within a wreath of laurel - in a modern form drawn by Timothy Noad, a herald painter at the College of Arms.
Issue Limits
For 2002, the issue limit has been retained at a maximum of 100,000, only the same as for 2001, with the extra demand which we think will be created by the Golden Jubilee celebration, and the new design, we expect an early sell-out. The issue limit for the proofs has also been maintained at 12,500 individual coins, excluding those issued as part of the 3 and 4 coin gold proof sets. The proofs have already sold out at the Royal Mint.
Uncirculated Version
When compared to the Royal Mint price of £285.00 you will make a saving of £48.25 per item when ordering from us.
| 1 |
10.00 |
£10.00 |
£236.75 |
|
Proof Version
| 1 |
£464.00 |
Call to check availability
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We also have leatherette cases available for the Uncirculated version, priced £2 each if ordered with coins.
Postage & Packing
Per Delivery - Any Quantity
At Buyer's Risk £3, or...
Fully Insured £8
Airmail to USA $10
Insured to USA $20
Deliveries
We despatch most of our orders within 24 hours, although we do reserve the right to clear cheques before despatch. If your order is urgent for a gift, please tell us on the order form and we will do our best to help.
Notes
The fine gold content of a sovereign is 0.2354 troy ounces.
We will also be offering year 2002 Australian Gold Nuggets. Please see our other website:- www.taxfreegold.co.uk
