The Annual Release of The United Kingdom Royal Mint Sovereign03/11/2014
In November each year much excitement is created around the launch of the new British Sovereign from The Royal Mint. And 2015 has proved no different, with collector demand for the new coin seemingly greater than ever.
The newly released coin for 2015 once again features the iconic St George and the Dragon design by Benedetto Pistrucci on the reverse that has become so synonymous with the British Sovereign since it first appeared in 1817. Indeed, since 1887 (the Golden Jubilee year of Queen Victoria) this design has not appeared on the Sovereign on just four occasions.
Whilst the historic Pistrucci image holds such worldwide renown, there had been a certain amount of conjecture in the build up to the launch, surrounding the possibility of a one-year-only design change for the coin in 2015. With Queen Elizabeth II set to become our longest reigning monarch in September 2015, there was speculation that this landmark would be celebrated on the premier coin of the nation. Indeed, in recent years significant historical royal celebrations such as the Golden Jubilee and Diamond Jubilee, have led to commemorative Sovereigns issues.
Such one-year-only reverse design changes tend to result in a substantial spike in demand for Sovereign coins – demand that remains in the long term. For the one-year-only Jubilee Sovereigns mentioned above, prices have increased substantially in the years since they were released, due to the scarcity of these coins and because of the continued popularity in Sovereign collecting throughout the world.
Despite the fact that the 2015 Gold Sovereign has not changed its reverse design, it is still expected to be extremely popular. The main reason for this that it will be the final time that the coin will feature the present portrait of Queen Elizabeth II.
Designed by Ian Rank-Broadley FRBS, the portrait was just the fourth to adorn British coinage in Queen Elizabeth II's reign. 2015 will be the final time it will be seen on Britain's premier gold coin - meaning the 2015 Sovereign will be an historic final year edition.
Like all modern Sovereigns the coin is also struck in 22 Carat Gold, which means collectors and investors throughout the world are drawn to the combination of precious metal and historic importance.
Add to that is the fact that it is the Sovereign coin of the all-important year when the Queen is set to become our longest remaining monarch. With the fact that this has resulted in a change in effigy, the 2015 is sure to become one of the most significant (and indeed coveted) Sovereign of the last 200 years.