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1989 proof sovereign "Tudor Rose" 500th Anniversary

1989 proof sovereign "Tudor Rose" 500th Anniversary

PRODUCT INFORMATION

Obverse

The obverse, or head side, shows the Queen seated facing on a throne. The majestic appearance of this design, combined with the large size, weight and purity of the original sovereigns, is the reason the new gold coin came to be called a sovereign in the first place.

Reverse

The reverse design also mirrors its 500 year old original counterpart, bearing the Royal Arms surmounted on a crowned double Tudor rose. Designer Both sides of the coin were designed by the sculptor Bernard Sindall. Proof Only The 1989 sovereign, as all dates of sovereign from 1983 to 1999 inclusive, was only available as a proof.

 

There was no ordinary uncirculated version made. Issue Limit and Mintage There were 10,535 sovereigns issued in 1989. The issue limit was 12,500 pieces. This shows that the Royal Mint did not manage to sell as many as it had hoped to, and presumably forecast. The sales period for this coin would have been from about January 1989 to about mid 1990, although these dates, vary often from year to year. The end date possibly depends on whether the Mint decide to run another production batch. We should perhaps explain that as a factory, the Mint do not produce the entire issue limit in one production run, but make a large initial batch, followed by one or more smaller batches through the lifetime of the products marketing phase. Towards the end of a period, they may decide that there was not enough residual demand to make it worthwhile making and storing an economic batch quantity.

Product ID
089