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    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.

    Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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    Auction Info

    Auction Dates
    January, 2012
    2nd-3rd Monday-Tuesday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
    Page Views: 1,074

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