1/4 Sovereign - Elizabeth II Constitution

Gibraltar's 1990 gold quarter sovereign series was issued to mark the territory's new constitution, which had come into force in 1969 — making the 1990 commemorative somewhat belated as anniversaries go. The pieces were produced for the collector market rather than circulation, part of a broader push by Gibraltar in the late 1980s and early 1990s to generate revenue through numismatic issues aimed at the British Commonwealth collector base.