2026 Portraits of a Queen Five-Coin Gold Proof Collection NGC PF70 Ultra Cameo
The 2026 Portraits of a Queen Five-Coin Gold Proof Collection brings together all five official coinage portraits of Queen Elizabeth II, commemorating the centenary of her birth.
Each £5 coin is struck in 22-carat gold. All five coins are independently certified NGC PF70 Ultra Cameo, with four carrying the First Releases designation.
Each design has a Limited Edition Presentation of 150, with maximum authorised mintages of 160 to 190 coins per design. These are Royal Mint production limits, not grading populations.
Why This Collection Stands Out
- Complete collection of Queen Elizabeth II’s five official coinage portraits
- Issued for the 1926–2026 centenary of her birth
- Five £5 Gold Proof coins in 22-carat gold
- 150 Limited Edition Presentations per design
- Maximum coin mintages of 160–190 per design
- All five NGC PF70 Ultra Cameo, four First Releases
- Combined NGC/PCGS PF70/PR70 populations of 44–93 per portrait, across all relevant labels
- Fifth Effigy population of 44, theoretically limiting complete PF70/PR70 collections to 44 as at 28 October 2026
- Portraits remastered by Gordon Summers; King Charles III obverse by Martin Jennings
- UK legal tender
Explore our certified Gold Proof coins.
Five Portraits, One Extraordinary Reign
The Royal Mint’s Chief Engraver Gordon Summers remastered the five original coinage portraits for these 2026 reverses. Each obverse features King Charles III, bringing together portraits of mother and son. See The Royal Mint’s official collection.
First Effigy – Mary Gillick (1953)
Mary Gillick’s portrait depicts the young Queen wearing a laurel wreath, symbolising the beginning of her reign. NGC PF70 Ultra Cameo – First Releases.
Second Effigy – Arnold Machin (1968)
Arnold Machin portrayed the Queen wearing the Girls of Great Britain and Ireland Tiara. His portrait became closely associated with decimal coinage. NGC PF70 Ultra Cameo – First Releases.
Third Effigy – Raphael Maklouf (1985)
Raphael Maklouf’s classical portrait shows the Queen wearing the George IV State Diadem. NGC PF70 Ultra Cameo.
Fourth Effigy – Ian Rank-Broadley (1998)
Ian Rank-Broadley’s naturalistic portrait remained on British circulating coins until 2015. NGC PF70 Ultra Cameo – First Releases.
Fifth Effigy – Jody Clark (2015)
Jody Clark’s portrait, featuring the George IV State Diadem, was the final definitive coinage effigy of Queen Elizabeth II. NGC PF70 Ultra Cameo – First Releases.
Exceptionally Limited Royal Mint Gold Proof Issues
Each design has a Limited Edition Presentation of 150. The maximum authorised mintages are:
| Portrait | Limited Edition Presentation | Maximum Coin Mintage |
|---|---|---|
| First Effigy | 150 | 160 |
| Second Effigy | 150 | 190 |
| Third Effigy | 150 | 160 |
| Fourth Effigy | 150 | 160 |
| Fifth Effigy | 150 | 160 |
These figures describe authorised production across applicable presentations, not the number achieving PF70 or PR70. Our coin population versus mintage guide explains the distinction.
Five NGC PF70 Ultra Cameo Grades
Every coin has achieved NGC PF70 Ultra Cameo. PF70 is NGC’s highest numerical Proof grade, while Ultra Cameo identifies strong contrast between frosted design elements and mirrored fields. Four coins also carry NGC’s First Releases designation.
Learn more in our PF70 Ultra Cameo grading guide and the official NGC grading scale.
Exceptional Graded Scarcity
The following figures combine NGC PF70 Ultra Cameo and PCGS PR70 populations across all relevant label designations, as reviewed on 28 October 2026:
| Portrait | Combined PF70 / PR70 Population |
|---|---|
| First Effigy | 91 |
| Second Effigy | 93 |
| Third Effigy | 61 |
| Fourth Effigy | 51 |
| Fifth Effigy | 44 |
Population figures may change as further coins are certified. See our NGC and PCGS population report guide for an explanation of these figures.
A Theoretical Maximum of Just 44 Complete Collections
The Fifth Effigy is the limiting coin, with 44 examples recorded in PF70/PR70 across NGC and PCGS. Because each complete collection requires one Fifth Effigy, no more than 44 complete five-coin collections could theoretically be assembled at these grades from the recorded populations as at 28 October 2026. This is an upper bound, not a claim that 44 complete collections exist.
The Appeal of a Complete Five-Coin Collection
Rather than sourcing five separate examples, this offering brings together the complete portrait series, all certified at NGC’s highest numerical Proof grade. Collectors can also explore our 2015 Queen Elizabeth II Longest Reigning Monarch £5 Gold Proof NGC PF70, commemorating another defining milestone of her reign, and our 2008 Queen Elizabeth I £5 Gold Proof NGC PF70 for another historic royal portrait issue.
Gold Content & UK Legal Tender
Each coin weighs 39.94g / approximately 1.2841 troy ounces and is struck in 22-carat / 916.7 gold.
Total gross weight: 199.70g / approximately 6.4205 troy ounces
Total fine gold content: approximately 183.06g / 5.8855 troy ounces
Each coin has a £5 denomination, giving the collection a combined face value of £25.
Qualifying gains made by UK individuals on UK legal-tender coins are generally exempt from UK Capital Gains Tax under current rules. Tax treatment depends on circumstances and legislation may change.
For more historical context, see The Royal Mint’s Queen Elizabeth II collection.
Images & Presentation
Any digitally generated images depicting NGC holders are illustrative. Holder details and labels may differ from those of the actual certified coins. The five coins offered are genuine NGC PF70 Ultra Cameo examples, four with First Releases designations.
Specifications
| Year | 2026 |
| Collection | Portraits of a Queen |
| Issuer / Country | The Royal Mint / United Kingdom |
| Number of Coins | Five |
| Denomination / Combined Face Value | £5 each / £25 total |
| Metal / Fineness | Gold / 916.7 (22 Carat) |
| Individual Weight | 39.94g / 1.2841 Troy Ounces |
| Total Gross Weight | 199.70g / 6.4205 Troy Ounces |
| Total Fine Gold Content | Approx. 183.06g / 5.8855 Troy Ounces |
| Diameter | 38.61mm per coin |
| Quality / Edge | Proof / Milled |
| Limited Edition Presentation | 150 per design |
| Maximum Coin Mintage | 160–190 per design |
| Original Portrait Designers | Mary Gillick, Arnold Machin, Raphael Maklouf, Ian Rank-Broadley and Jody Clark |
| Reverse Remastering | Gordon Summers |
| Obverse / Designer | King Charles III / Martin Jennings |
| Grading Company / Grade | NGC / PF70 Ultra Cameo (all five) |
| First Releases | Four Coins |
| Lowest Combined PF70/PR70 Population | Fifth Effigy – 44 |
| Population Checked | 28 October 2026 |
| UK Legal Tender | Yes |
Frequently Asked Questions
What is the 2026 Portraits of a Queen Five-Coin Gold Proof Collection?
It commemorates the centenary of Queen Elizabeth II’s birth through five £5 Gold Proof coins featuring her five official coinage portraits.
How many Gold Proof coins were issued?
Each design has a Limited Edition Presentation of 150. Maximum authorised mintages are 160 for the First, Third, Fourth and Fifth Effigies and 190 for the Second Effigy. These are production limits, not grading populations.
Are all five coins graded PF70?
Yes. All five are NGC PF70 Ultra Cameo and four carry First Releases designations.
How many complete PF70/PR70 collections could exist?
From the combined NGC and PCGS populations checked on 28 October 2026, the Fifth Effigy limits the theoretical maximum to 44 complete collections. This does not establish how many complete collections exist.
How much gold does the collection contain?
Approximately 199.70g gross and 183.06g / 5.8855 troy ounces of fine gold.
Is the collection exempt from UK Capital Gains Tax?
Qualifying gains made by UK individuals on UK legal-tender coins are generally exempt under current rules.
Price & Availability
Sterling Bullion Partners Price: £40,000
The complete five-coin collection is offered together. Fully insured UK delivery is available.
For further information or to arrange a purchase, contact Sterling Bullion Partners on 0204 584 3186.


















