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1986 Gold Proof Sovereign PF70 Cameo

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CGT & VAT exempt for UK residents

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The 1986 Gold Proof Sovereign PF70 Cameo is an outstanding modern proof sovereign, offering flawless condition and classic British design from a highly collected Elizabeth II era.

Struck in 22 carat gold by The Royal Mint, the sovereign weighs 7.98 grams, containing 7.32 grams of fine gold. Proof sovereigns from the mid-1980s are well regarded for their quality of strike and consistency, making top-graded examples particularly desirable.

This coin has been graded PF70 Cameo by NGC, confirming a flawless proof coin under magnification. While not designated Ultra Cameo, it still displays attractive contrast between frosted devices and mirrored fields, offering excellent eye appeal in a true top-grade example.

The reverse features Benedetto Pistrucci’s timeless St George and the Dragon design, while the obverse bears the Raphael Maklouf portrait of Queen Elizabeth II, a portrait strongly associated with modern proof sovereign issues.


KEY DETAILS

• Year. 1986
• Denomination. One Sovereign
• Metal. 22 carat gold
• Weight. 7.98 grams (7.32g fine gold)
• Diameter. 22.05mm
• Finish. Proof
• Grade. PF70 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 1986 PROOF SOVEREIGN?

The 1986 proof sovereign sits within a strong modern collecting period and represents a return to consistent proof quality following earlier experimental years. PF70 Cameo examples are scarce, as achieving a flawless grade still requires near-perfect surfaces and strike quality.

For collectors who value condition and overall eye appeal rather than maximum cameo contrast, PF70 Cameo sovereigns offer an excellent alternative to Ultra Cameo designations while remaining true top-grade coins.


COLLECTOR & INVESTMENT APPEAL

• Modern Elizabeth II proof sovereign
• Flawless PF70 grade
• Struck in solid 22ct gold
• Fully CGT exempt for UK residents
• Maklouf portrait appeal
• Ideal for graded proof year sets

Condition: Graded PF70 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

1986 G.BRITAIN 1SOV

Frequently Asked Questions

What does PF70 Cameo mean?
PF70 Cameo confirms a flawless proof coin under magnification, with visible contrast between frosted devices and mirrored fields.

How does PF70 Cameo differ from PF70 Ultra Cameo?
Ultra Cameo indicates stronger contrast between frosted devices and mirrored fields, while PF70 Cameo remains flawless but with more moderate contrast.

Is the 1986 Proof Sovereign 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, an independent third-party grading authority.

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