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2002 Gold Proof Double Sovereign PF70 Ultra Cameo | Golden Jubilee

Sale price£2,190

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A One-Year Masterpiece: The 2002 Golden Jubilee Double Sovereign

The 2002 Gold Proof Double Sovereign (£2 coin) is one of the most sought-after modern issues in the entire Sovereign series. Struck to celebrate the Golden Jubilee of Queen Elizabeth II, this coin features a rare departure from the traditional St. George and the Dragon design, making it a "must-have" for type collectors.

Flawless NGC PF70 Ultra Cameo Grade

This specimen has been certified by NGC as PF70 Ultra Cameo, the highest possible grade. In this perfect condition, the coin shows no post-production imperfections even under 5x magnification. The "Ultra Cameo" finish highlights the intense contrast between the frosted relief of the Royal Shield and the deep, liquid-mirror fields.

The Iconic Shield Reverse by Timothy Noad

  • Exclusive Design: For the 2002 Jubilee, the Royal Mint revived the historic "Shield Back" motif, last seen on the Sovereigns of Queen Victoria in 1887. This modern interpretation was designed by the herald painter Timothy Noad.
  • Limited Mintage: While thousands of bullion coins were struck, the Proof Double Sovereign was limited to a maximum mintage of just 6,947, with many of those locked away in prestige sets.
  • Historical Context: 2002 marked 50 years of Her Majesty’s reign, and this coin was the centerpiece of the numismatic celebrations, connecting the Queen to her ancestor, Victoria.

Technical Specifications

Year 2002
Event Golden Jubilee of Elizabeth II
Grade NGC PF70 Ultra Cameo
Reverse Designer Timothy Noad (Shield Design)
Gold Content 15.98g (22-carat gold)

Frequently Asked Questions

Q: Why is the 2002 Sovereign design different?
A: The Royal Mint occasionally changes the design for major Royal milestones. The 2002 Shield Reverse was a one-year-only design to mark the Golden Jubilee, making it significantly more valuable to collectors than standard St. George years.

Q: Is this coin Capital Gains Tax (CGT) exempt?
A: Yes. As a legal tender UK coin with a £2 face value, it is 100% exempt from CGT for UK residents, making it a highly tax-efficient investment in physical gold.

Q: How does the Double Sovereign compare to the Full Sovereign?
A: The Double Sovereign contains exactly twice the gold weight (14.64g of pure gold) and has a larger 28.40mm diameter, allowing for much greater detail to be seen in Timothy Noad’s intricate shield engraving.

Explore more: View our full range of graded sovereigns and gold coins.

2002 G.BRITAIN GOLDEN JUBILEE 2SOV

2002 Shield Reverse Double Sovereign gold coin design by Timothy Noad celebrating the Golden Jubilee.
2002 Gold Proof Double Sovereign PF70 Ultra Cameo | Golden Jubilee Sale price£2,190

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