Catalog
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| Issuer | Royal Mint |
|---|---|
| Year | 2002-2008 |
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| Composition | Gold (.9167) |
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| Obverse description | The obverse features the fourth definitive effigy of Queen Elizabeth II, modelled by Ian Rank-Broadley, depicted as a right-facing crowned bust with curled hair and wearing a diadem. The portrait is rendered in high relief with fine detail characteristic of the proof finish. The engraver's initials 'IRB' appear incuse beneath the truncation of the neck. The encircling Latin legend reads 'ELIZABETH II D·G·REG·F·D', distributed around the heptagonal inner border of the coin. |
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| Obverse lettering | ELIZABETH II D·G·REG·F·D (Translation: Elizabeth the Second by the Grace of God Queen Defender of the Faith) |
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| Additional information |
The 20 pence denomination was introduced in 1982 to reduce reliance on the 10p and ease pressure on the 50p in everyday transactions — a pragmatic response to inflation eroding the purchasing power of lower denominations. Gold proof versions were issued exclusively for annual proof sets rather than any standalone commemorative purpose, meaning surviving examples almost always retain their original packaging and have never approached a till.
The Maklouf fourth portrait, used across this date range, was phased out in 2008 when Jody Clark's fifth effigy entered circulation.