1 Pound - Charles III Queen Elizabeth II - Unseen Effigies 1st Decade

Gibraltar's commemorative pound program has long occupied an unusual niche — the territory issues its own coinage under Royal Mint licensing arrangements distinct from UK domestic coinage, giving the Gibraltar Government latitude to produce commemorative types that would never appear in standard British circulation. This piece pairs the effigies of Elizabeth II and Charles III under the "Unseen Effigies" concept, referencing the two monarchs whose portraits were never seen together on circulating coinage during Elizabeth's lifetime — Charles's effigy was approved but not yet in full circulation before her death in September 2022.