M J Hughes Coins are always interested in buying and selling coins like the 2012 Gold 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.
2012 was Queen Elizabeth II’s Diamond Jubilee, celebrating 60 years of reign. The Sovereign features a new reverse design to commemorate the Queen’s Diamond Jubilee. A new portrayal of St. George and the Dragon has been created for the reverse, designed by Paul Day.
Because of the Diamond Jubilee commemortion and the spectacular St. George and the Dragon design, these sovereigns are very collectable so expect to pay a premium for the Proof version.
Queen Elizabeth II’s fourth portrait still graces the obverse, designed by Ian Rank-Broadley.
Sovereigns have a diameter of 22.05mm and are made of 22 carat gold (0.9167 fine), and weigh 7.98 grammes. They have an AGW (Actual Gold Weight) of 0.2354 troy ounces.
Only 5,500 individual proof sovereigns have been issued by the Royal Mint, although 8,144 were made so others could be used in boxed sets.
If you are looking for one of these to add to your collection, the sovereign should be in perfect proof condition. It was originally housed in a Royal Mint walnut presentation case, with a Certificate of Authenticity.
In that year, 2012, standard (non-proof) Sovereigns were issued as was quarter-, half- and double-sovereigns and a £5 coin. The Royal Mint also offered all the coins as a 5-coin set.
Mintage: 8,144 (may include coins issued as part of a set). Minted at The Royal Mint.
Besides being minted in Britain, Sovereigns have been made in Australia (Melbourne, Sydney, Perth), India (then Bombay, now Mumbai), Canada (Ottowa) and South Africa (Pretoria) although these regional mints have not made sovereigns since 1932. The non-British coins carry a small mintmark ('S','M','P','I','C' or 'SA') just above the date. This 2012 Gold Sovereign Proof was minted at The Royal Mint.
The Obverse is the Monarch's head (Elizabeth II) and the Reverse is most often St George and the Dragon, although other backs have been used and are of interest to collectors. The Reverse often gives the Sovs a new term, like "ShieldBacks".
Specifications for the Gold Sovereign
- Weight: 7.9881g
- Diameter: 22.05 mm
- Thickness: 1.52 mm
- Purity: 22 carat = 91.67% (11/12ths gold, 1/12th copper. Adding copper makes the coin more scratch and dent resistant)
- Gold Content: 113 grains = 7.3224 g = 0.2354 troy ounce
- Face value: £1 = 20 shillings
- Monarch: Elizabeth II
History
Up 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 first sovereigns carried the head of King George III and the famous George and the Dragon design by Benedetto Pistrucci (29 May 1783 – 16 September 1855), an Italian engraver who became chief medallist at the Royal Mint.
With high value coins such as the 2012 Gold Sovereign Proof, collectors and bullion investors often worry about forgeries but actually gold coins are very difficult to forge due to gold's unique properties of density and colour. Gold is extremely dense and to use another metal and gold-plate it would result in a coin that is under-weight, over-diameter or half as thick, something that would be spotted very easily. More difficult to spot would be a bullion coin melted down and re-cast as a highly collectable date, but an expert can usually tell these too. You should always use reputable dealers.
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.
Queen Elizabeth II has issued many coins and was monarch during decimalisation.
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 2012 Gold 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: