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1989 Gold Proof Half Sovereign PF70 Ultra Cameo | 500th Anniversary

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A Modern Numismatic Classic: The 1989 Half Sovereign

The 1989 Gold Proof Half Sovereign was issued to mark one of the most important milestones in British history: the 500th anniversary of the first Gold Sovereign of 1489. This half sovereign is highly sought after by collectors because, like its larger counterpart, it features a unique one-year-only design that has never been used since.

Flawless NGC PF70 Ultra Cameo Grade

This coin has been certified by NGC as PF70 Ultra Cameo, the highest possible grade achievable for a proof coin. A "70" grade indicates a coin that, even under 5x magnification, shows no post-production imperfections. For collectors of the 1989 series, securing a Half Sovereign in this perfect condition is essential, as the smaller surface area makes any minor flaw highly visible.

Historical Tudor Design

  • The Obverse: A stunning depiction of Queen Elizabeth II seated in King Edward's Chair, a design by Bernard Sindall that pays homage to the original Tudor Sovereigns.
  • The Reverse: A crowned Royal Shield set atop a Tudor Rose. This is the only modern Half Sovereign series to feature this specific commemorative reverse.
  • Rarity Note: While the full sovereign gets much of the spotlight, the Half Sovereign is often harder to source in perfect PF70 condition due to lower submission rates to grading services.

Technical Specifications

Year 1989
Grade NGC PF70 Ultra Cameo
Series 500th Anniversary
Weight 3.99g
Purity 22-carat Gold (.917 fineness)

Frequently Asked Questions

Q: Is the 1989 Half Sovereign a good investment?
A: Yes. Because of its one-year design and historical significance, the 1989 series has historically shown stronger price appreciation than standard "St. George" design years. Graded PF70 specimens are considered the "top of the population" and are highly liquid in the collector market.

Q: Does this coin come with the original Royal Mint box?
A: This coin is housed in a permanent, tamper-proof NGC protective slab to preserve its PF70 grade. Please check our "Boxed Proof Coins" section if you are looking for sets with original Mint wooden cases.

Q: Is this coin exempt from Capital Gains Tax (CGT)?
A: Yes. As British Legal Tender, all gold sovereigns (including half sovereigns) are exempt from CGT in the United Kingdom, making them a tax-efficient way to hold physical gold.

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

Looking to complete the set? View our 1989 Full Sovereign PF70 here.

1989 G.Britain Sovereign Anniversary 1/2SOV

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