Home Bullion & Coin 1887 £2 Coin Gold Double Sovereign Victoria Jubilee Head NGC MS62

1887 £2 Coin Gold Double Sovereign Victoria Jubilee Head NGC MS62

The 1887 Queen Victoria Gold Double Sovereign Proof is a beautifully crafted, historically significant coin that marks a major milestone in British history. Its limited mintage, exquisite proof finish, and commemorative nature make it one of the most coveted coins from the Victorian era. Collectors prize it for both its artistry and its connection to Queen Victoria’s Golden Jubilee, while investors see it as a valuable addition to any high-end coin collection.

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Description

The 1887 £2 Queen Victoria Gold Double Sovereign (Proof Version) is an exceptionally rare and sought-after coin, minted in limited quantities to commemorate Queen Victoria’s Golden Jubilee, marking 50 years of her reign. The proof version of the coin is distinguished by its superior finish and craftsmanship, making it one of the most desirable collectibles among Victorian-era coinage.

Key Features of the Proof Version:
1. **Year of Issue: 1887 (Golden Jubilee year)
2. Denomination: £2 (Double Sovereign)
3. Monarch: Queen Victoria
– Commemorating Queen Victoria’s 50th year on the British throne, this coin is part of the special Jubilee Coinage.

Design:
1. Obverse:
– The obverse features the Jubilee portrait of Queen Victoria, created by Sir Joseph Edgar Boehm. Queen Victoria is shown wearing a small crown, veil, and intricate robes, symbolizing her regal status at this milestone in her reign.
– The inscription reads “VICTORIA D:G: BRITT: REG: F:D:” (Victoria, by the Grace of God, Queen of the Britons, Defender of the Faith).

2. Reverse:
– The reverse displays the iconic St. George and the Dragon** design by Benedetto Pistrucci, a timeless depiction of St. George slaying the dragon. This motif symbolizes strength and triumph and is a staple on British sovereigns.
– The year of issue, 1887, is located at the bottom of the reverse side.

Proof Features:
1. Proof Finish:
– The proof version of this coin is struck using specially polished dies and planchets, resulting in a coin with sharp details, frosted designs, and a mirrored background. The contrast between the raised elements and the polished fields is striking, making the proof coin visually superior to standard circulation or uncirculated coins.
– Proof coins are typically minted in very limited numbers, and the 1887 Jubilee Double Sovereign is no exception.

2. Limited Mintage:
– Proof coins were often minted in much smaller quantities than their circulation counterparts, adding to their rarity and desirability among collectors.
– Exact mintage numbers for the 1887 Proof Double Sovereign are limited, and the surviving examples are highly prized.

Specifications:
1. Material: 22-carat gold, consistent with British sovereign standards.
2. Weight: 15.98 grams (the standard weight for a double sovereign).
3. Diameter: 28.4 mm.
4. Gold Content: Contains 0.4708 troy ounces of pure gold.

Historical Context:
1. Golden Jubilee: Issued in 1887 to celebrate **Queen Victoria’s Golden Jubilee**, this coin is part of a significant series that reflects a major milestone in British history. The Jubilee Coinage marked a shift in the design of British currency, and the proof versions represent the highest quality strikes from this commemorative series.

2. Jubilee Coinage: The 1887 Jubilee Coinage included multiple denominations, from crowns to sovereigns, and is known for its distinct design changes, including the Jubilee portrait of Queen Victoria.

Collector’s Value:
1. Rarity: The proof version of the 1887 Double Sovereign is far rarer than its circulation counterpart. Its limited mintage and superior finish make it highly sought after by collectors, particularly in high grades (such as PF68 or PF69).

2. Investment Potential:
– As a proof coin, it holds significant numismatic value beyond its intrinsic gold content.
– Its historical significance as part of Queen Victoria’s Golden Jubilee celebration adds to its appeal for both collectors and investors.

3. Proof Grading: If graded by a reputable authority like the Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS), the coin’s value would be further enhanced, especially in grades such as PF68 or PF69, which denote near-perfect condition with only the slightest imperfections.

Additional Information:
– Mint: Struck by The Royal Mint, the official mint of the United Kingdom, known for its craftsmanship and quality.
– Presentation: Proof coins are typically issued in special presentation cases and often come with a certificate of authenticity.

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