In 1998 the Royal Mint released a very Limited Issue £2 Two Pound Gold Proof Double Sovereign Coin struck in solid 22 Carat Gold Certified Slabbed and Graded by PCGS as PR70 DCAM with special NFC Anti-Counterfeiting Technology.
The modern £2 Two Pound Double Sovereign was authorised by the Mint Indenture of 1817.
It was to be twice the weight of the Sovereign and was intended to replace the two guinea piece. But, like the two guineas, Double Sovereigns were not struck in large numbers for circulation, though special Proof issues have occasionally been made for collectors.
The reverse of the 1998 Double Sovereign depicts Benedetto Pistrucci's classic portrayal of St George and the Dragon.
The historic design first appeared on the George III Sovereign of 1817 and is now acclaimed throughout the world as a masterpiece of numismatic art.
The obverse bears Ian Rank Boadley's elegant portrait of Her Majesty, Queen Elizabeth II, approved for use on the United Kingdom's Coinage from 1998 onwards.
These legal tender coins have been struck to proof quality using specially prepared dies and highly polished blanks.