The reverse features the very famous design of Saint George and the Dragon created by Italian gem and coin engraver Benedetto Pistrucci.
Gold has been a symbol of status and wealth throughout the ages and is presented here in one of its most prestigious forms. A limited mintage gold proof coin. One of two known.
And while Philip Spalding is remembered for his love of Holey Dollars. It must be said that he was a sophisticated collector on many levels, guided in his selections by Barrie Winsor.
And this 1888 Proof Sovereign, featuring the Jubilee portrait of Queen Victoria, was one of his prized possessions.
Now for some history ....
Queen Victoria celebrated her Golden Jubilee, the fiftieth anniversary of her accession, on 20 June 1887.
The Young Head portrait of Queen Victoria depicted on Australia’s sovereigns between 1871 and 1887 was replaced with a Jubilee portrait designed by Austrian medallist Joseph Edgar Boehm.
The Jubilee portrait continued uninterrupted on Australia's sovereigns from 1887 up to (and including) 1893 when Australia introduced Queen Victoria’s Veiled Head portrait.
Now let's talk rarity ....
When sizing up a coin and evaluating its potential for growth, a buyer needs to consider two aspects.
The adage, ‘less is best’ holds true in the rare coin industry for you don't want the market to be flooded with examples from the same sector.
The ideal ‘investment’ scenario occurs when the coin is rare. And the sector is occupied by very few other coins.
This 1888 Proof Sovereign features the Jubilee portrait of Queen Victoria designed by Austrian medallist and sculptor Joseph Edgar Boehm.
So how does this Proof 1888 Sovereign stack up?
As detailed above, this Proof 1888 Sovereign is rare. One of two known.
And it is noted that Proof Sovereigns out of Queen Victoria’s Jubilee era (1887 to 1893) are amazingly limited in numbers as the text below reveals.
We reflect on the fact that this is the only Proof Jubilee Sovereign that we have sold in a career that spans nearly half a century.
Sydney Mint Jubilee Proofs
Melbourne Mint Jubilee Proofs
Aside from their extreme scarcity, proof gold coins are a delight to the eye, appealing to those who seek perfection in coining.