Quarter Sovereign 2012 Diamond Jubilee, Coin from United Kingdom - detailed information

The sovereign is a gold coin of the United Kingdom with a nominal value of one pound sterling, so a quarter sovereign is denominated as having £0.25 (twenty-five pence) in face value. Struck from 1817 until the present time, the sovereign was originally a circulating coin (see pre-decimal Sovereign) accepted in Britain and elsewhere in the world; it is now a bullion coin not intended for circulation, the intrinsic value of which is much higher than its face value.

In most recent years, it has borne on the reverse Benedetto Pistrucci's design of Saint George and the Dragon, created in 1817.

The Royal Mint issues several denominations of the Sovereign: Five Sovereigns (Quintuple Sovereign, five pounds gold), Double Sovereign, Full Sovereign, Half Sovereign and Quarter Sovereign; the quarter is the most recent addition to the range, having been issued only since 2009. Their designs are identical, as - according to tradition - this type of coin has never had its value and denomination spelled out anywhere on the coin. The various denominations are only distinguished by size and weight, these being exactly in proportion to their face value. Since 1817, the composition has always been 22 carat (91.67%) gold.

To celebrate Her Majesty The Queen's Diamond Jubilee, the reverse features a rare departure from Pistrucci's classic interpretation. For the 2012 Sovereign coin, The Royal Mint launched a competition to find a new design. The Royal Mint Advisory Committee eventually selected a design by the British sculptor Paul Day.

“I have chosen to opt for a romantic version of the St George and the dragon theme,” said Paul, “a medieval knight of Arthurian legend rather than a classical hero. I have given the dragon a more threatening attitude and size, so that it represents a real menace and not a weak foe.”

Paul deliberately left very little empty space, making the reverse as engaging as possible and very different from the obverse. As he says, “I have always been attracted to detail which requires a closer look to be unpicked and fully understood.”