2022 Elizabeth II 2oz Gold Proof Britannia NGC PF70 Ultra Cameo (Dan Thorne Design)
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2022 2oz Gold Proof Britannia – Dan Thorne Design – NGC PF70 Ultra Cameo
This is one of the scarcest modern Britannia issues you'll find in graded form. Struck to a maximum mintage of just 106 individual 2oz gold proof coins, and certified NGC PF70 Ultra Cameo — the highest possible grade — only 10 examples exist at this level. For context, that means fewer than 1 in 10 of an already tiny mintage has ever achieved a perfect NGC grade.
2022 marked 350 years since Britannia first appeared on British coinage, introduced during the reign of Charles II in 1672. To mark the anniversary, The Royal Mint commissioned an entirely new one-year-only reverse from in-house Product Designer Dan Thorne — a Welsh illustrator who won the internal design competition for this coin. His interpretation shows Britannia staring into the distance, helmeted, holding her trident and a shield emblazoned with a roaring lion, set against a backdrop of the Union Jack, sunrays and crashing waves — a design intended to capture a sense of optimism and resilience.
This issue also carries a quiet piece of history: it was among the last Britannia coins to feature Jody Clark's fifth definitive portrait of Queen Elizabeth II before her death in September 2022, closing out an era of the design.
Coin Highlights
- Maximum mintage of only 106 individual 2oz gold proof coins
- NGC PF70 Ultra Cameo — the highest attainable grade — with only 10 examples certified at this level
- One-year-only reverse design by Dan Thorne, marking 350 years of Britannia on British coinage
- Struck in 2 troy ounces of 999.9 fine gold — one of the largest gold Britannias available individually
- Obverse: Jody Clark's fifth definitive portrait of Queen Elizabeth II, among the final Britannia issues to carry it
- Encapsulated in a tamper-evident NGC holder for authenticity and protection
Specifications
| Year | 2022 |
| Mint | The Royal Mint, Llantrisant |
| Composition | 999.9 fine gold (24 carat) |
| Weight | 62.42 grams (2 troy oz) |
| Diameter | 40.00 mm |
| Edge | Milled |
| Finish | Proof |
| Obverse Designer | Jody Clark (fifth portrait) |
| Reverse Designer | Dan Thorne |
| Maximum Mintage | 106 |
| Grading | NGC PF70 Ultra Cameo |
| Population at Grade | 10 (NGC, correct at time of listing) |
Why This Coin Stands Out
Large-format 2oz gold proof coins are already uncommon, but a maximum mintage of 106 puts this issue in genuinely rare territory before grading is even considered. With only 10 coins certified PF70 Ultra Cameo, this represents the technical and numerical ceiling of the issue — there is no higher grade available, and very few of these coins were ever going to reach it. Combined with a striking, historically significant one-year-only design and its place at the end of an era for Jody Clark's portrait, this is a coin built for a serious collection or as a standout centrepiece.
This coin is exempt from Capital Gains Tax for UK residents and free from VAT under current investment gold rules.
Browse related: Graded Gold Coins · NGC & PCGS Grading Guide
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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.