Description
Buy 2002 (Golden Jubilee) Gold Sovereign online today !
The 2002 UK Full gold sovereign celebrates the Golden Jubilee of the Queen Elizabeth II. This corresponds to its 50th year of reign.
For this special occasion, the Royal Mint used a different design on its reverse. The coin displays a Shield with the Royal Coats of Arms.
- Brilliant Uncirculated (B.U)
- Free of Capital Gain Tax (CGT) !
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Design of the 2002 Gold Sovereign
The obverse features a Shield Back, or the Royal Coat of Arms of Great Britain. It is surrounded by a wreath of laurel. The year 2002 is displayed in the lower part of the coin.
The reverse displays the fourth portrait of Queen Elizabeth II. This portrait was created by Ian Rank Broadley. The inscriptions ” ELIZABETH . II . DEI . GRA REGINA . FID . DEF ” surrounds the profile of her Majesty.
The obverse design was created by Timothy Noad, a herald painter at the College of Arms.
Why buy a 2002 Gold Sovereign Elizabeth II ?
Free of Capital Gain Tax
This british bullion coin is exempt of Capital Gain Tax. If you sell these coins back, any profit will be tax free . Therefore, buy 2002 gold sovereign is an ideal gold coin for any british investor.
Unique Design
The Royal Mint used the Shield Back design for the coin. It is a reference to the first gold sovereign minted in Great Britain.
In essence, the 2002 Golden Jubilee Gold Sovereign is the first modern gold sovereign to features a different design
Historical Significance
For the year 2002, the Royal Mint created this unique edition of the Full gold sovereign. It celebrates the Queen Elizabeth II’s Golden Jubilee (50 years of reign). Hence the uniqueness of this modern british gold coin.
Limited Mintages
The Royal Mint produced only 100,000 specimens of this gold coin. Therefore, it is a great product with future potential collectible value.
Brief History of the 2002 Gold Sovereign
The 2002 Gold Sovereign was created specifically to celebrate the Golden Jubilee of her Majesty Elizabeth II. It represents an eventful year for the Royal Family.
It was only the second time over a century that a new design was introduced in a Gold Sovereign. The previous occasion was in 1989, to celebrate the 50th anniversary of the very first gold sovereign. However, 1989 Gold Sovereigns were only issued as Proof sets.
The Shield reverse was last used for Queen Victoria from 1838 to 1887 inclusive. The design was changed in 1887, year of the Queen Victoria’s Golden Jubilee. Nevertheless, three different designs were issued in 1887.
Brief History of the Gold Sovereign
The gold sovereign is one of the most famous coin in UK. The first gold sovereign was minted in 1489 by King Henry VII. Because of its long history, it is considered as the flagship coin of the Royal Mint.
Modern british coins have been minted through different branch of the Royal Mint in London, Australia and Canada. The first mint to manufacture gold sovereign outside of UK was Sydney, followed by Melbourne, Perth, Ottawa, Bombay and Pretoria. The list below shows the chronological order of the Royal Mint branches:
- Melbourne Mint (Australia) – 1872
- Perth Mint (Australia) – 1899
- Ottawa Mint (Canada) – 1908
- Bombay Mint (India) – 1918
- Pretoria Mint (South Africa) – 1923
Why buy gold sovereigns ?
Gold Sovereigns are the Royal Mint’s flagship product with the Gold Britannia. They combine traditional manufacturing with symbols of Great Britain’s history. Investors and collectors value these gold coins for several reasons :
- They are highly resistant and durable (7.99 grams of 22 carats gold-copper alloy).
- These coins are ideal for trading because of their small size (diameter : 22.05mm).
- Gold sovereigns are highly liquid in the market. You can sell easily these bullion coins to any jeweller or bullion dealer around the world.
- They have a small premium over the gold spot price. This is due to their high demand from both investors and collectors.
- Gold sovereigns offer the best of bullion and numismatics in one investment, due to their :
- Intrinsic value of their precious metal content.
- Additional profit potential due to their aesthetic and historical appeal.
