Catalog
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| Issuer | Royal Mint |
|---|---|
| Year | 1990-1996 |
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| Currency | Pound sterling (decimalized, 1971-date) |
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| Obverse description | Right-facing effigy of Queen Elizabeth II wearing the George IV State Diadem, rendered in high relief as the third definitive portrait by sculptor Raphael David Maklouf. The Queen is depicted draped, with a pearl necklace visible, her hair elegantly styled beneath the jewelled crown. The legend encircles the bust within a raised rim, and the denomination appears as part of the inscription in the field. |
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| Mintage | 1990 - Bullion - 1990 - Proof - 789 1991 - Bullion - 1991 - Proof - 652 1992 - Bullion - 1992 - Proof - 500 1993 - Bullion - 1993 - Proof - 462 1994 - Bullion - 1994 - Proof - 435 1995 - Bullion - 1995 - Proof - 500 1996 - Bullion - 1996 - Proof - 483 |
| Additional information |
The Britannia gold coin series launched in 1987 as Britain's answer to the Krugerrand and the American Gold Eagle — a sovereign bullion offering with legal tender status. The 22-carat standard used here, rather than the .9999 fineness adopted later in 2013, was a deliberate choice to produce a harder-wearing coin more resistant to handling damage in circulation and trade. The silver content in the alloy gives these early Britannias a slightly warmer color than their purer successors.
Dora de Pedery-Hunt's effigy of Elizabeth II, introduced in 1985, appears on this issue — the third of five official portraits used during her reign.