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500 Pounds - Elizabeth II London, Gold Proof

Issuer Royal Mint
Year 2022
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Orientation Medal alignment ↑↑
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Obverse description Fifth definitive effigy of Queen Elizabeth II facing right, depicting Her Majesty wearing the George IV State Diadem with pearl and jewel settings. The mature, draped portrait was engraved by Jody Clark and first adopted for British coinage in 2015. The sovereign's name and royal titles appear as a continuous legend encircling the effigy within the field, with the denomination and date incorporated into the obverse inscription.
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Mintage 2022 - Proof
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The 2022 dated issue takes on particular significance as the final year coins bearing Elizabeth II's effigy were produced during her lifetime — she died on 8 September 2022, and the Royal Mint had already committed production schedules that would make this among the last authorized portrait strikes of her 70-year reign. At 156.3 grams of .9999 fine gold, this is the one-kilo series' smaller sibling, occupying the five-ounce tier that the Mint reintroduced to meet demand from collectors unwilling to commit to full-kilo premiums.

Spink's CV7 reference places it within the Britannia bullion and proof program, which was restructured to .9999 fineness in 2013 — up from the previous .9167 standard held since the series launched in 1987.

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