We rarely get excited when a new Sovereign coin drops, just as we don’t when the annual Maple Leaf, Philharmonic or American Eagle release comes around, but occasionally, the Royal Mint does something to commemorate a royal event, and 2022 is one such time. Normally carrying that beautiful St George slaying the Dragon by Benedetto Pistrucci, designs that deviate from that are very highly sought after, and that’s only happened on five special occasions, the last in 2017 for the coin’s 200th anniversary.
Next year is a big one in royal terms, with Queen Elizabeth II celebrating her Platinum Jubilee, a staggering 70 years on the throne of the United Kingdom, a record that may never be broken (unless Price Charles hits 150 years of age!). The Royal Mint is initiating a special programme to celebrate, including a 50 pence coin with a royal theme for the first time, and coins with a new effigy. This new Sovereign is the first.
Long time Royal Mint designer, Timothy Noad, was given the task of producing the artwork for the 2022 coin, his third Sovereign this century, and rather than remix the St George motif, has gone with the Royal Arms instead. Adopted in 1837, it’s always been an impressive piece of heraldry, and it does look good on the Sovereign. It isn’t an adventurous design, but we wouldn’t really expect that on an icon like this.
There are the usual five sizes, called quarter, half, sovereign, double, and five, obviously based on their relationship to the standard 7.78 gram coin. Just the standard and half formats are available for individual purchase at present, with the others tucked into sets containing three, four or five coins. Prices range from £315.00 to £4’795.00. None of the sets have mintages of more than 1,000, although the two individually packed coins are more accessible. All are available to buy later today directly from the Royal Mint, and with the renaissance in gold sales they’ve been experiencing over the last few years, and the rarity of all-new Sovereign designs, we’re going to predict this release will be a very popular one.