Gold Quarter Ounce 2017 Empire - Queen Elizabeth I, Coin from Saint Helena - detailed information

Gold Quarter Ounce 2017 Empire - Queen Elizabeth I, Coin from Saint Helena
CoinGold Quarter Ounce 2017 Empire - Queen Elizabeth I

Saint Helena is a small island in the South Atlantic Ocean which is part of the British overseas territory of Saint Helena, Ascension and Tristan da Cunha. The currency of the island is the Saint Helena pound, fixed at parity with the pound sterling. The island has authorised some private mints to issue coins under its jurisdiction, which come in a variety of sizes - including in the popular gold quarter ounce (1/4 oz gold) format, usually denominated as £2.

This coin (denominated as £1 and slightly heavier than a quarter ounce) is part of The 2017 Empire Collection gold proof set issued by The East India Company, which features nine English monarchs, and is dedicated to Queen Elizabeth I (1533 - 1603).

Elizabeth I was Queen of England and Ireland from 17 November 1558 until her death. Sometimes called The Virgin Queen, Gloriana or Good Queen Bess, the childless Elizabeth was the fifth and last monarch of the Tudor dynasty.

The Mint says about the set:
“Whosoever commands the sea, commands the trade, whosoever commands the trade of the world, commands the riches of the world and consequently the world itself.”
– Sir Walter Raleigh

From its very first voyage in January 1601, until it was dissolved and absorbed into the British Crown in 1874, The East India Company laid the foundation of the British Empire in the East. Overtime "The Company" rose to account for half of the world’s trade including cotton, silk, indigo dye, salt, saltpetre, tea and bullion. It had its own army and navy, its stocks were central to London’s financial markets and at one point it ruled over 400 million people. Learn the story of the world’s most famous Company through its coins. The 2019 Empire Collection is a series of nine silver proof coins which tell the story of a band of merchants who created an Empire through the monopoly, privilege and power bestowed on them by the Monarchs that ruled.

In 1600, Queen Elizabeth I awarded a band of merchants the monopoly on trade with the East, and so began a voyage that was to transform the world. On the insistence of Elizabeth, aboard the first ships were specially struck testern coins - nicknamed "portcullis money" for their design - meant to demonstrate to the world the power of the British. This coin features the portrait of Queen Elizabeth I from her seventh issue crown, inset with the Red Dragon, one of four EIC ships that sailed on the first voyage, along with an image of a pepper leaf, which was fundamental to the success of the first voyage, and the crowned portcullis taken from the portcullis money.

MintEast India Company (modern) Mint MarkEIC Total Mintage500
Obverse
Saint Helena / Gold Quarter Ounce 2017 Empire - Queen Elizabeth I - obverse photo

The obverse of the coin shows the crowned bust of Queen Elizabeth II, facing right (her effigy known as the "Third Portrait"). The Queen is wearing the royal diadem which she wears on her way to and from the State Opening of Parliament, a pearl necklace and earrings.

Incuse in tiny letters on the neck truncation, the designer's initials RDM (for Raphael David Maklouf).

Around, the monarch's legend and the date of issue: ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·.

Obverse Inscription ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Reverse
Saint Helena / Gold Quarter Ounce 2017 Empire - Queen Elizabeth I - reverse photo

Within a beaded border, the reverse of the coin shows the crowned bust of Queen Elizabeth I of England, facing left. In the background, a sailing ship of the period - the Red Dragon, one of four EIC ships that sailed on the first voyage to India; below it, a pepper leaf. Above, a crowned portcullis - a symbol used on trade coinage issued at the time.

To the right of the portrait, the EIC mint mark of the East India Company; the letters are separated by arrows radiating from the centre around which they are situated.

Around left, the inscription : ELIZABETH I : ROYAL CHARTER, referring to the Queen granting the charter to the East India Company in 1600.

Reverse Inscription : ELIZABETH I : ROYAL CHARTER
EdgeMilledEdge InscriptionNone
Notes

Finish: proof.
Available in a nine coin set only.

Issued in Set
The 2017 Empire Collection - Monarchs - Gold Proof Set, mintage 500
9 coins: 1/4 oz Gold, Queen Elizabeth I, 1/4 oz Gold, King James I, 1/4 oz Gold, King Charles II, 1/4 oz Gold, King William III, 1/4 oz Gold, Queen Anne, 1/4 oz Gold, King George II, 1/4 oz Gold, King George III, 1/4 oz Gold, King William IV, 1/4 oz Gold, Queen Victoria
See also

A silver one ounce coin with the same design was issued in 2019.

All (15) coins of type: Gold Quarter Ounce (1/4 oz)
Coin NameMintageEffigyLegend
Gold Quarter Ounce 2017 Empire - Queen Elizabeth I 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - James I 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - Charles II 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - William III 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - Queen Anne 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - George II 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - George III 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - William IV 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2017 Empire - Queen Victoria 500 Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · ONE POUND · 2017 ·
Gold Quarter Ounce 2018 Rose Crown Guinea unknown Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · 2018 · £25 · THE EAST INDIA COMPANY ·
Gold Quarter Ounce 2020 Una and the Lion 499 Queen Elizabeth II - Uncouped Portrait by Jody Clark ELIZABETH II · D · G · REGINA · F · D · ST. HELENA · 2 POUNDS ·
Gold Quarter Ounce 2020 Rose Crown Guinea unknown Queen Elizabeth II - Third Portrait ST. HELENA · QUEEN ELIZABETH II · 2020 · £25 · THE EAST INDIA COMPANY ·
Gold Quarter Ounce 2021 Una and the Lion 499 Queen Elizabeth II - Uncouped Portrait by Jody Clark ELIZABETH II · D · G · REGINA · F · D · ST. HELENA · 2 POUNDS ·
Gold Quarter Ounce 2021 Napoleon 200th Anniversary 500 Queen Elizabeth II - Uncouped Portrait by Jody Clark ST. HELENA · 2021 ELIZABETH II · FIVE POUNDS ·
Gold Quarter Ounce 2022 Una and the Lion 499 Queen Elizabeth II - Uncouped Portrait by Jody Clark ELIZABETH II · D · G · REGINA · F · D · ST. HELENA · 2 POUNDS ·
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Gold Quarter Ounce 2017 Empire - Queen Elizabeth I: Details
CountrySaint Helena
CurrencySaint Helena Pound
Coin TypeGold Quarter Ounce (1/4 oz)
Issued2017
MonarchQueen Elizabeth II
EffigyQueen Elizabeth II - Third Portrait, by Raphael Maklouf
Face Value1 (x Pound)
Total Mintage500
CurrentYes
Material0.9999 Gold
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size25.000 mm
Mass8.000 g
OCC IDPMVR-OAPC-RJJZ-ENQG
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Gold Quarter Ounce 2017 Empire - Queen Elizabeth I: Photos
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Coin, Saint Helena, Gold Quarter Ounce 2017 Empire - Elizabeth I
Copyright: The East India Company
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Coin, Saint Helena, Gold Quarter Ounce 2017 Empire - Elizabeth I
Copyright: The East India Company
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Coin, Saint Helena, Gold Quarter Ounce 2017 Empire - Elizabeth I
Copyright: Chards
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Coin, Saint Helena, Gold Quarter Ounce 2017 Empire - Elizabeth I
Copyright: Chards
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