1992 Gold Proof Half Sovereign PF70 Ultra Cameo
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CGT & VAT exempt for UK residents
14-day return policy
The 1992 Gold Proof Half Sovereign is a strong early-1990s issue from The Royal Mint’s modern proof sovereign programme. Struck in 22 carat gold and graded PF70 Ultra Cameo by NGC, this example represents the highest possible grading standard, confirming flawless surfaces, crisp strike detail and deep mirrored fields.
As part of the traditional sovereign range, the half sovereign carries half the gold content of the full sovereign while maintaining the historic specifications that have defined the denomination since 1817. In PF70 Ultra Cameo condition, the proof finish delivers exceptional contrast between frosted relief and polished fields.
High-grade Maklouf portrait era sovereigns from the early 1990s are increasingly sought after by collectors building complete Elizabeth II proof date runs.
Coin Specifications
Year. 1992
Monarch. Queen Elizabeth II
Denomination. Half Sovereign (£0.50)
Metal. 22 Carat Gold (91.67%)
Weight. 3.99g
Gold Content. 3.66g (0.1177 troy oz)
Diameter. 19.30mm
Finish. Proof
Reverse Design. St George and the Dragon – Benedetto Pistrucci
Obverse Portrait. Raphael Maklouf
Grade. PF70 Ultra Cameo
Grading Company. NGC
Why Buy the 1992 Gold Proof Half Sovereign PF70
• Perfect PF70 Ultra Cameo example
• Early 1990s Maklouf portrait issue
• Classic Pistrucci St George reverse
• Increasingly difficult to source in flawless condition
• UK legal tender and Capital Gains Tax exempt
Design Detail
The reverse features Benedetto Pistrucci’s iconic St George and the Dragon design, first introduced on the sovereign in 1817. In proof format, the intricate detailing of the dragon and horse is enhanced by strong cameo contrast, particularly striking in PF70 Ultra Cameo grade.
The obverse carries the Raphael Maklouf portrait of Queen Elizabeth II, used from 1985 to 1997. Sovereigns from this portrait period remain popular with collectors completing full Elizabeth II proof sets.
Collectability and Investment Appeal
Proof half sovereigns from the early 1990s are becoming increasingly scarce in PF70 Ultra Cameo condition as more examples are absorbed into long-term collections. Top-grade coins represent a small fraction of original mintages once grading attrition is considered.
The 1992 Gold Proof Half Sovereign PF70 combines intrinsic gold value with elite graded status, making it an excellent addition to a high-grade modern sovereign collection.
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
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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.
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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.
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- Billing and shipping addresses must match.
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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.