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1994 Gold Proof Half Sovereign PF70 Ultra Cameo

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The 1994 Gold Proof Half Sovereign is a highly desirable mid-1990s issue from The Royal Mint’s modern proof sovereign series. Struck in 22 carat gold and graded PF70 Ultra Cameo by NGC, this example achieves the highest possible grading standard, confirming flawless surfaces, sharp strike detail and exceptional contrast between frosted devices and mirrored fields.

As a half sovereign, this coin carries half the gold content of the full sovereign while retaining the traditional specifications that have defined the denomination since 1817. In PF70 Ultra Cameo condition, the quality of the proof finish is particularly impressive and increasingly difficult to source.


Coin Specifications

Year. 1994
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 1994 Gold Proof Half Sovereign PF70

• Perfect PF70 Ultra Cameo example
• Mid-1990s proof issue from the Maklouf portrait era
• Classic Pistrucci St George reverse
• Increasing demand for top-grade modern half sovereigns
• UK legal tender and Capital Gains Tax exempt


Design Detail

The reverse features Benedetto Pistrucci’s iconic St George and the Dragon, first introduced on the sovereign in 1817. In proof format, the sculptural detail of the horse and dragon is enhanced by strong contrast and mirrored fields, particularly striking in PF70 Ultra Cameo grade.

The obverse carries the Raphael Maklouf portrait of Queen Elizabeth II, used between 1985 and 1997. Sovereigns from this portrait period remain popular with collectors assembling complete Elizabeth II date and portrait runs.


Collectability and Investment Appeal

Modern proof half sovereigns in PF70 Ultra Cameo condition represent the finest possible examples available. As time passes and more coins are locked into long-term collections, high-grade examples from the Maklouf era continue to become harder to acquire.

The 1994 Gold Proof Half Sovereign PF70 offers both intrinsic gold value and elite graded status, making it a strong addition to any serious 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

1994 G.BRITAIN 1/2SOV

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