2002 Gold Half-Sovereign Proof

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M J Hughes Coins are always interested in buying and selling coins like the 2002 Gold Half-Sovereign Proof. Selling to me means that you do not have to pay sellers fees, Paypal fees or any other transaction fees. I will give you an immediate offer and pay you the same day. Single coins or entire collection. If you have something and want to sell then please email us or telephone us.

The 2002 Half-Sovereign.


Reverse is a shield design.




Obverse is Queen Elizabeth II.










Originally boxed Royal Mint packaging, numbered with Certificate of Authenticity (COA).

Mintage: 61,347 (may include coins issued as part of a set). Minted at The Royal Mint.
In the Year: 2002
In 2002 Elizabeth II was in her 50th year as Queen making it a Golden Jubilee year. Queen Elizabeth The Queen Mother, died aged 101. Tony Blair was UK Prime Minister. The US President was George W Bush. The Commonwealth games are held in Manchester. Brazil beats Germany 2-0 to win the World Cup.
General Description: Half-Sovereigns
The 2002 Gold Half-Sovereign Proof is an example of the Gold Half-Sovereign and is a gold coin, being as it suggests, half the value and half of the gold weight of a gold sovereign. Today, the half-sovereign is a commemorative coin, not issued every year and often only collected as part of a set.

The Half-Sovereign wa introduced a long time ago, in 1544 during the reign of Henry VII. However it was discontinued in 1604 (along with full sovereigns) and not more was minted until 1817. Production ended again in 1926 (1933 in Australia) and except for a few special issues during the Coronation years, it was 1980 when we saw half-sovereigns again.

As the value is half of one sovereign, that give the half-sovereign a face value of half a pound or ten shillings - 50p in post-decimal money, although you're going to have to pay somewhat over the gold price if you want to buy one.

The Obverse is the Monarch's head (Elizabeth II) and the Reverse is most often St George and the Dragon (usually the Benedetto Pistrucci version), although other backs have been used. 

Specifications for 2002 Gold Half-Sovereign Proof
 
  • Weight: 3.99 g
  • Diameter: 19.30 mm
  • Thickness: 0.99 mm
  • Purity: 22 carat = 91.67% (11/12ths gold, 1/12th copper. Adding copper makes the coin more scratch and dent resistant)
  • Gold Content: 3.6575 g = 0.1176 troy ounce
  • Face value: £0.50 = 10 shillings (decimal: 50 pence)
  • Monarch: Elizabeth II
  • These specifications apply to half-sovereigns from 1817.

History

http://coinparade.co.uk/images/halfsovereign/half-sovereign.jpgUp until 1604 there was a coin called the English gold sovereign and in 1816 when there was the "Great Recoinage" the name was revived. At that time standard gold (22 carat) was valued at £46 14s 6d per troy pound; this meant a £1 coin needed to weigh 123.2744783 grains or 7.988030269 g. The weight is still the same today.

As a historical note: to maintain the Gold Standard, in 1816 the value of silver was set at 66 shillings for one troy pound and silver coins were only legal for denominations up to £2.

The diameter of a half-sovereign is 19.3mm and is only slightly smaller than a full sovereign (22.05mm) so first appearance may confuse inexperienced buyers. You can see in the image on the right the half-sovereign on the right is quite similar to the full sovereign on the left.

While you can buy half-sovereigns, many collectors only own them as part of a set.

Which Mint: The Royal Mint
The Royal Mint is the designated place for the UK to mint coins. It dates back well over 1000 years and is a Government-owned company. 

Formed in the reign of Alfred the Great about the year 886, it moved to the Tower of London in 1279 and remained there for over 500 years. The Master of The Royal Mint has included famous figures such as Sir Isaac Newton. Since 2010 it has operated as Royal Mint Ltd, a company owned by HM Treasury, under an exclusive contract to supply all coinage for the UK although it also produces medals and coins for other countries. It is currently located at Llantrisant, Wales.
The Monarch: Elizabeth II (1952-)
Queen Elizabeth II is the current and longest reigning monarch ever. Born on 21 April 1926 to King George VI and Elizabeth Bowes-Lyon, she became Queen in 1952 and her Coronation was on 2 June 1953.

Queen Elizabeth II has issued many coins and was monarch during decimalisation.
Country of Origin: United Kingdom
The United Kingdom (UK) is the Union of England, Scotland, Wales and Northern Ireland. It is often refered to as Great Britain (GBR). It has a long, rich history.

It's orignal coinage was Pounds, Shillings and Pence but since decimalisation on 15 February 1971, it is £1 = 100p, that is One Pound = 100 pence. The coinage of the UK is also a long history, the Royal Mint being established as long ago as 886AD when coins were hammered. Today there are perhaps 30 billion coins in circulation, and many (numismatic) collectors coins and sets are issued frequently in gold, silver and other metals.

M J Hughes Coins are interested in buying your 2002 Gold Half-Sovereign Proof! Selling to me means that you do not have to pay sellers fees, Paypal fees or any other transaction fees. I will give you an immediate offer and pay you the same day. Single coins or entire collection. There are a number of ways you can sell to us:
 

 Visit our Shop in Alton

We have a town centre shop called 'M J Hughes Coins' at 27 Market Street, Alton, Hampshire, GU34 1HA. See a details of opening times and how to get there on the Visit our Shop page.
 

 Post to Us

Most people who sell to us prefer to post via Royal Mail Special delivery, which is a guaranteed, signed-for, insured delivery. Usually we will make payment the same day. For details of how to send to us see How to Post to Us
 

 Meet in Person

We understand not everyone has access to transport to come to us, or get to the Post office. If you have a sizeable collection we are happy to do a home visit to you. We also attend various Coin Fairs every month. If you prefer this way, please see How to Meet Us page.

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