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1/2 Sovereign - Elizabeth II Queen Victoria

Issuer Government of Gibraltar
Year 2019
Type Non-circulating coin
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Obverse lettering ELIZABETH II · DEI · GRA · REGINA · GIBRALTAR · 2019 ·
Reverse description Left-facing veiled bust of Queen Victoria in her Jubilee portrait, wearing the small diamond crown over a lace veil, a pearl necklace, and the ribbon and star of the Order of the Garter at her shoulder. The effigy is rendered in high relief with fine detail to the veil, jewellery, and drapery, closely reproducing the classic Jubilee coinage portrait of 1887. The divided legend VICTORIA to the left and DEI GRATIA to the right flanks the bust, all within a beaded border.
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Additional information

Gibraltar has issued gold coinage under royal warrant since the 1970s, but this piece belongs to a run of issues that deliberately echoed Victorian-era sovereign designs as a commercial and collector-market strategy — not as circulating currency. The pairing of Elizabeth II with Victoria on a single coin is a dynastic conceit that appeals strongly to the jubilee-collector trade, a market Gibraltar's treasury has cultivated with considerable consistency.

Struck to standard 22-carat sovereign fineness, the weight matches the fractional sovereign specification set by the Great Recoinage of 1816.

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