PCGS-graded PF-66 gold 2-pounds (2-sovereigns) gold coin, rare 1-year commemorative issue from 1989, Great Britain

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Queen enthroned facing, gothic inscriptions around / Crowned and quartered shield on a Tudor rose. 28.5mm, 15.98 grams of 0.917 gold (0.4711 Troy ounce of gold). Krause KM#957.

This is a spectacular large gold coin commemorating the 500th anniversary of the gold sovereign. The design copies the original design introduced by Elizabeth the 1st. No "normal" British sovereigns were issued that year (1989), but a small number of these special coins were minted instead. The 2-pound coin was issued only in proof, with an estimated mintage of only 17,000 pieces.