The new 2020 Gold Proof Sovereign was released yesterday, but you may only have days to own one. Let me tell you why…
We’re in the golden age of the Proof Sovereign. As you may know, the Proof Sovereign has become the UK’s flagship annual release that’s highly sought-after worldwide.
As you can see, recent UK Gold Proof Sovereigns have an undisputed track record of completely selling out. Many with a matter of weeks.
Special one-year-only mint mark
In 2020 we mark the 200th anniversary of King George III’s death – the first monarch to appear on the modern Sovereign. To commemorate this, the Proof Sovereign features a special one-year-only royal cypher mint mark.
George III’s reign is one of the most important in the history of UK gold coins. That’s because it was in his reign that the iconic Sovereign was re-introduced, making him the first monarch to feature on the modern day sovereign, and one of the most famous gold coins in British numismatic history.
One-year-only mint marks are only applied to coins for the most significant events and anniversaries and this is certainly an important one. In fact, it’s unlikely we’ll ever see a combined Royal and numismatic anniversary as significant as this in our lifetimes.
‘22 Carat Gold Pedigree‘
The 2020 Sovereign is minted from 22 Carat Gold and it is this historical pedigree that makes the coin so admired and sought-after around the world.
It is also one of the finest examples of British craftsmanship. The exceptional ‘proof’ finish is the result of the coin being struck up to 4 times using specially polished dies.
The time and effort required to produce the frosted relief and mirrored background of the coin is why a proof finish is considered the pinnacle of the mint-masters art – and the most sought-after by collectors.
And with an edition limit of JUST 7,995 worldwide – a lower edition limit than the 2018 Sovereign that also featured a special mint mark and COMPLETELY SOLD OUT in a matter of weeks – this year’s Proof Sovereign has all the elements to be the most collectable gold coin of the year.
If you’re interested…
You can secure the 2020 Gold Proof Sovereign now, but you’ll have to act quickly. You can secure yours today for a down payment of JUST £59.50 followed by nine further interest-free instalments – the most affordable way to own the new coin.
This year a brand new £5 coin has been issued to commemorate Sir Winston Churchill, and it features a never-seen-before effigy of the great man.
Designed by renowned sculptor and artist David Cornell FRSA, the new portrait shows a defiant Churchill in military uniform.
I’ve been given a behind the scenes look at the creation of the portrait, and had a quick chat with the artist himself.
David Cornell is perhaps more famous for sculpting members of the Royal family, (he was even commissioned to paint a birthday portrait of the Queen) so I thought I’d ask him about his inspiration behind the new design:
“Winston Churchill was a major part of my childhood growing up in London during the War, hearing his speeches and seeing photos on posters, which left an indelible impression on me.
“I realised later what a great man he was and his contribution to the War effort, inspiring the people of Great Britain.
“As a portrait artist, it has been a great honour for me to be able to portray him in this tribute to honour his legacy.”
First of all Cornell worked on a plaster engraving of the portrait, making sure it fits the very particular dimensions of a coin. You can see the fine detail in the picture above, and also the large size of the plaster, which has to be reduced when the die is created to strike the coin.
The finished £5 coin also features an inscription of one of Churchill’s famous speeches: ‘Never in the field of human conflict was so much owed by so many to so few.’ Although spoken in reference to the heroes of the Battle of Britain, the quotation was chosen as it represents Churchill’s indomitable spirit during the war.
The coin has been issued on behalf of the Bailiwick of Jersey, and is available now in a range of metals – from an impressive 5oz 22 carat gold version measuring 2 1/2 inches in diameter, to a highly collectable cupro-nickel version available to all. I’m sure you’ll agree, it will make a fitting tribute in any collection to our greatest ever Prime Minister.
If you are interested…
The new Winston Churchill £5 Coin is available now in a special limited edition Proof version. Complete with Presentation Case and Certificate of Authenticity.
People tripped, fell and were trampled on in the rush to get in line at the U.S. Mint in Denver on 7th August. They were all after one coin – the John F. Kennedy 50th Anniversary Gold Half Dollar.
After the official launch at the ANA World Money Fair in Chicago, thousands of collectors queued up at U.S. Mint locations each day in the hope of securing one of the 500 coins due to be released daily, with most selling out in just a few hours.
The rush was so intense that the police had to be called to calm things down. The US Mint were eventually forced to suspend in-person sales of the coin and released the following statement:
“The United States Mint and the American Numismatic Association (ANA) announced today that sales of the 2014 50th Anniversary Kennedy Half-Dollar Gold Proof Coin have been suspended at the ANA’s World’s Fair of Money in Rosemont, Ill. The Mint and the ANA made the decision to ensure the safety of those wanting to purchase the coin and the safety of their own employees.”
Why did this coin cause such a frenzy?
Issued to mark the 50th anniversary of the first Kennedy half dollar, it is the first ever US half dollar to be issued in 24 Carat gold. The reverse design also features a ring of 50 stars – more than any other US coin produced for circulation.
In fact, dealers were so keen to get hold of the first release coins they were buying the coin straight back off members of the public and some were even offering people $600 to queue and buy the coin for them.
If you are interested…
The Westminster Collection managed to beat the rush and reserve a limited number of 2014 Anniversary JFK Gold Proof Half Dollars.
NOW SOLD OUT