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1 Sovereign - Elizabeth II The Legend of Saint George - Reward
| Issuer | Gibraltar |
|---|---|
| Year | 2018 |
| Type | Non-circulating coin |
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| Obverse description | Right-facing effigy of Queen Elizabeth II wearing the George IV State Diadem, as rendered by Raphael David Maklouf. The sovereign's portrait is shown in high relief with fine drapery detail at the shoulder. A continuous Latin legend encircles the bust, with the date appearing in the lower field below the portrait. |
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| Edge | Reeded |
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| Additional information |
Gibraltar's sovereign issues occupy an odd legal niche — the territory issues its own coinage under royal prerogative, independent of the Royal Mint, which has produced UK sovereigns continuously since the recoinage of 1817. This particular release belongs to a themed collector series built around the St. George narrative, issued through the Gibraltar government's arrangement with private minting partners rather than through any central bank mandate.
The gold specification matches the historic sovereign standard established at the Great Recoinage — 22 carat, 7.98g — a continuity that is more marketing decision than monetary one at this point.