A coin collector would pay more than £5 for the coin, if it was uncirculated and in Mint condition, or a Proof coin. However if you were to go into a bank and exchange the coin for other currency, they would only give you the face value of £5's worth.
It's worth exactly 5 pence.
£5
The value of a 2001 five-pound coin can vary depending on its condition, rarity, and demand among collectors. Generally, these coins are worth more than their face value, often ranging from £5 to £15 or more for uncirculated examples. For a precise valuation, it's best to consult a coin dealer or check recent auction prices.
Face value.
Such a coin does not exist. The English have never produced a 4 Pound coin.
Five pounds
A 1889 gold 5 pound coin is worth 5 pounds of gold, while a 1889 2 pound gold coin is only worth 2 pounds of gold.
As I type this the value of 1 pound of gold is $18,040.00
The Royal Mint produced no British Five Pound coins from 1938 to 1979 inclusive.
The five pence coin, commonly known as a 5p coin, is a British coin that is worth one-twentieth of a pound. In U.S. dollars, its value is approximately 6 to 7 cents, depending on the current exchange rate. The exact value can fluctuate due to currency conversion rates, but it is generally considered a small denomination coin.
The British Five Pound coin is Legal Tender in Britain and can be accepted as payment for goods and services anywhere in Britain. However, the Five Pound coin was minted for collectors as a souvenir or investment and were not intended as circulating currency. The Royal Mint advises that "most retailers will refuse to accept them". If your Five Pound coin is in mint condition, it is probably worth more than Five Pounds.
It is a common coin, worth a pound or two if in perfect condition.