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1992 Gold Proof Double Sovereign PF69 Ultra Cameo

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CGT & VAT exempt for UK residents

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The 1992 Gold Proof Double Sovereign PF69 Ultra Cameo is an outstanding example of modern British proof coinage, offering exceptional eye appeal and near-perfect condition in a larger, highly desirable sovereign format.

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 the classic sovereign designs to display greater depth and clarity, making proof double sovereigns especially popular with collectors.

This coin has been graded PF69 Ultra Cameo by NGC, confirming a virtually flawless proof coin with strong frosted devices and deep mirrored fields. PF69 Ultra Cameo examples are visually indistinguishable from PF70 to most collectors and represent an excellent balance between condition, rarity and value.

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. 1992
• Denomination. Double / 2 Sovereign
• Metal. 22 carat gold
• Weight. 15.97 grams (14.64g fine gold)
• Diameter. 28.40mm
• Finish. Proof
• Grade. PF69 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 1992 DOUBLE SOVEREIGN IN PF69?

PF69 Ultra Cameo proof sovereigns are prized for their exceptional visual quality, often offering the same appearance as PF70 examples while remaining more accessible. For collectors who prioritise eye appeal and historical significance over absolute top population, PF69 represents a smart and popular choice.

Double sovereigns from the early 1990s are particularly well regarded, combining traditional design with consistent proof striking standards. As a result, high-grade examples such as this continue to see strong collector demand.


INVESTMENT & COLLECTOR APPEAL

• Larger format proof sovereign
• Exceptional PF69 Ultra Cameo eye appeal
• Struck in solid 22ct gold
• Fully CGT exempt for UK residents
• Strong demand for Maklouf-era proof sovereigns
• Ideal alternative to PF70 for value-focused collectors

Condition: Graded PF69 Ultra Cameo by NGC – A fully struck coin with nearly imperceptible imperfections.
Presentation: Slabbed and authenticated in a secure NGC holder
Explore more: Browse our full range of graded gold sovereigns

1992 G.BRITAIN 2SOV

Frequently Asked Questions

What does PF69 Ultra Cameo mean?
PF69 Ultra Cameo indicates a virtually flawless proof coin with strong contrast between frosted devices and mirrored fields, just one point below the absolute top grade.

How does PF69 compare to PF70?
PF69 coins typically display the same eye appeal as PF70 examples, with only microscopic differences visible under magnification. Many collectors choose PF69 for its balance of quality and value.

Is the 1992 Double 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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