1988 Gold Proof Double Sovereign PF70 Ultra Cameo
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CGT & VAT exempt for UK residents
14-day return policy
The 1988 Gold Proof Double Sovereign PF70 Ultra Cameo is a standout early modern proof issue, combining increased gold content with flawless top-grade presentation.
Struck in 22 carat gold by The Royal Mint, the double sovereign weighs 15.97 grams, containing 14.64 grams of fine gold. The larger flan allows for exceptional depth and clarity, making proof double sovereigns particularly desirable among collectors.
This example has been graded PF70 Ultra Cameo by NGC, the highest grade achievable. PF70 confirms a flawless coin under magnification, with strong frosted devices and deep mirrored fields throughout.
The reverse features Benedetto Pistrucci’s iconic St George and the Dragon design, while the obverse bears the Raphael Maklouf portrait of Queen Elizabeth II, a portrait closely associated with the modern proof sovereign era.
KEY DETAILS
• Year. 1988
• Denomination. Double Sovereign
• Metal. 22 carat gold
• Weight. 15.97 grams (14.64g fine gold)
• Diameter. 28.40mm
• Finish. Proof
• Grade. PF70 Ultra Cameo
• Grading Authority. NGC
• Obverse. Queen Elizabeth II – Maklouf portrait
• Reverse. St George and the Dragon – Pistrucci
• Legal Tender. United Kingdom
• Capital Gains Tax. Exempt
WHY COLLECT THE 1988 PROOF DOUBLE SOVEREIGN?
The late 1980s proof sovereigns are highly regarded for their consistent striking quality and classic design. Double sovereigns from this period offer a balance between size, gold content and collectability, without the scarcity premium of larger denominations.
Examples achieving PF70 Ultra Cameo are scarce, as proof striking leaves no margin for imperfection. As a result, top-graded 1988 double sovereigns are strongly sought after by collectors building year-by-year proof runs or registry collections.
COLLECTOR & INVESTMENT APPEAL
• Larger format proof sovereign
• Early modern Elizabeth II issue
• Struck in solid 22ct gold
• Fully CGT exempt for UK residents
• Top population PF70 Ultra Cameo grade
• Strong demand for Maklouf-era proof sovereigns
Condition: Graded PF70 Ultra Cameo by NGC – flawless under 5x magnification
Presentation: Slabbed and authenticated in a secure NGC holder
Explore more: Browse our full range of graded gold sovereigns
Frequently Asked Questions
What does PF70 Ultra Cameo mean?
PF70 Ultra Cameo is the highest proof grade possible, confirming the coin is flawless under magnification with strong contrast between frosted devices and mirrored fields.
Is the 1988 2 Sovereign rare in PF70?
Yes. While proof sovereigns were issued annually, PF70 Ultra Cameo examples are significantly scarcer than lower-graded or raw coins.
Is this coin Capital Gains Tax exempt?
Yes. As a UK legal tender gold sovereign, it is exempt from Capital Gains Tax for UK residents.
Who graded this coin?
The coin has been graded by NGC, one of the world’s leading independent coin grading authorities.
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Frequently Asked Questions
Delivery Information
We offer free insured delivery across the UK on all orders. Every coin is carefully inspected, securely packaged, and sent using Royal Mail Special Delivery - a fully tracked, next-day service that requires a signature on receipt.
All parcels are shipped discreetly and fully insured for peace of mind.
We currently do not ship internationally. Orders can only be delivered to the UK address provided at checkout, and we’re unable to send to PO Box addresses.
We aim to dispatch all orders within one business day of receiving cleared payment. Once your order has been dispatched, you’ll receive tracking details so you can monitor its progress.
Returns Policy
For non-bullion items (such as proof coins, graded coins or accessories), we’re happy to accept returns within 14 days of receipt if you feel your coin is not as described and provided the item is returned in its original condition, please contact us and we’ll be glad to help.
If an item is returned for reasons other than being not as described, return postage will be the responsibility of the buyer.
Important Notes
- All returns must be pre-authorised by our customer service team.
- Please use a tracked and insured service when sending items back to us, as we cannot accept liability for goods lost or damaged in transit.
- For full details, please see our Terms & Conditions or contact us directly with any questions.
At Sovara Coins, your security is our priority. To protect both our customers and ourselves from fraud, we currently accept debit card and bank transfer payments only.
- Debit card payments are processed securely through our trusted payment provider, giving you instant confirmation at checkout.
- Bank transfer payments are also welcome and full instructions will be provided during the checkout process.
Please note that we do not accept credit cards. This policy helps us keep prices competitive and ensures all transactions remain low-risk and fully traceable.
For your protection:
- Billing and shipping addresses must match.
- On higher-value orders, we may request ID verification before dispatch. This is a quick process and helps keep your purchase safe.
Every payment method we accept is fully secure, encrypted and protected. Once payment is confirmed, your order will be prepared for dispatch within one business day.
Yes. Every NGC-certified coin has a unique certification number visible on the slab label. You can verify the grade, coin details and population data at NGCcoin.uk using the cert number shown.
The NGC census records how many examples of each coin have been graded at each level. A Top Pop coin means no other example has achieved a higher grade — making it the finest certified specimen in existence for that issue.
Yes. If you have existing graded sovereigns you'd like to trade towards a purchase, contact us for a bespoke cost-to-change valuation.