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Lot
24489

Great Britain: Elizabeth II gold Proof Sovereign 1958,...

2012 January 2-3 World & Ancient Coins Signature Auction- New York #3016

 
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Auction Ended On: Jan 2, 2012
Item Activity: 7 Internet/mail/phone bidders
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Location: Waldorf Astoria - Norse Suite & Metropolitan Suite
301 Park Avenue
New York, NY 10022

Description:
A Beautiful 1958 Proof Sovereign
Elizabeth II gold Proof Sovereign 1958, S-4125, KM908, WR-450 (R4), reeded edge Proof of Record, PR64 PCGS, gleaming brilliance with only slight haziness, which is normal, the deeply mirrored fields still intense. Wilson & Rasmussen estimate that 11 to 20 examples exist. The cataloguer has seen perhaps ten pieces in some 35 years. Not often mentioned in descriptions of this coin are the elongated, tiny capital letters "MG" centered in low relief on the truncation of the queen's portrait, which was designed in 1953 by Mary Gillick. The obverse legend used for the 1953 coinage was slightly modified in 1954. The last 2nd Issue sovereign was struck in 1968. The 1953 proof sovereign was never issued to the public, and only 1 or 2 exist in private collections. Proofs of Record were struck in 1957, 1958, 1959 and 1963. The first three are of about equal rarity. The 1963 proof sovereign is extremely rare. However, the opportunity to purchase any proof of this type is also a rare occurrence, and this specimen ranks high among the known examples.

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