In 1993, the Gibraltar government issued the gold proof one gram coin shown here. The reverse shows a portrait of the Queen holding a sceptre.
We believe this may have been issued as part of a set of "The World's Smallest Gold Coins". although we would infinitely prefer to own a collection of the world's largest gold coins as it would seem to make a lot more sense.
Gimmick or What?
If we are correct, this concept was designed to appeal to simple but impecunious folk, with aspirations of owning a gold coin collection.
We don't know about you, but we tend to be slighly sceptical about gimmicky coins. Our feeling is that they are often ideas dreamt up by marketing men to part suckers from their money. As we try to give our customers reasonable value for money, these gimmicky marketing ideas are anathema to us, especially at the ridiculously high prices asked and paid for them when new. What's worse is that the gimmick often tends to diminish any secondary market price rather than enhance it.
You might wish to look at the Queen Mother with Diamond Tiara coin.
The gold content of this coin is worth about £11 in 2006, but was less than £8 in 1993. We think a high original retail price on a similar coin would have been £25