Elizabeth B. writes:Â I have a gold coin(made into a pendant for my necklace). I have not been able to locate any information on it. It has the queen’s head on one side with this writing above it; Â Elizabeth Gibraltar 1998. On the other side is the upper bodies of two children(with angel wings). One is kissing the other on it’s cheek. Any information you may be able to tell me about this coin will be greatly appreciated. It is slightly smaller than a U.S. dime.
This gold coin was minted for Gibraltar in 1998 in the denomination of 1/10th Royal (probably your coin), 1/2 Royal and 1 Royal. All three coins show Queen Elizabeth II of Great Britain on the obverse and kissing cherubs on the reverse.
These coins are “Non-circulating Legal Tender”, meaning that the coins were made only for bullion, collectors or jewelry, not for currency. The 1/10th Royal contains 1/10th of a troy ounce of gold (3.11 grams pure gold). The coin sells at a premium of approximately 20% above its gold value. There are also similar, larger size versions of this design in a one ounce silver proof and in copper-nickel.
