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1 Sovereign - Elizabeth II Constitution
| Issuer | Gibraltar |
|---|---|
| Year | 1990 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Pound (decimalized, 1971-date) |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Edge | Reeded |
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| Additional information |
Gibraltar sovereigns occupy a peculiar legal niche: struck under Royal Mint licence but issued by a Crown Colony rather than the United Kingdom itself, which allowed Gibraltar to produce gold sovereign-format coins for the collector market without competing directly with the Royal Mint's own issues. The 1990 date corresponds to Gibraltar's push into the commemorative bullion space during a period when the territory was aggressively expanding its coin programme to generate revenue.
KM#43 specifically ties to the "Constitution" designation, marking the 1969 Gibraltar Constitution that established the territory's current governmental framework and reaffirmed British sovereignty following Spain's closure of the border.