answersLogoWhite

0


Best Answer

It is a Five Pound coin made from gold that has been struck on specially prepared and polished dies and the coin hand finished to give it a mirror like finish.

Proof coins are usually initially sold in the year of their minting, and are packaged, possibly with a certificate of authenticity, at a price that reflects their value, which is much greater than the Five Pound face value.

Proof coins are not intended for circulation, but more of an investment.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a Proof Five Pound gold coin?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is there a picture of a Five Pound coin from 1981?

Pictures of a specific coin are difficult to come by. Usually you should be able to find one on eBay, but the picture is withdrawn after the coin is sold. The only Five Pound coin issued in 1981 was a "Proof in gold FDC" coin.


What is the difference between a 1889 gold five pound coin and a 1889 gold two pound coin please?

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.


What is the value of an 1839 British Five Pound gold coin?

There are 9 slightly different variants of the 1839 British Five Pound gold coin and they are all Proof FDC. The current price range is from £34,500 to £47,500 GBP. A reputable coin dealer will be able to assist with identification and give a more accurate valuation.


When did the British 1 Pound and 2 Pound coins enter circulation?

In British Decimal currency, the One Pound coin was first issued for general circulation in 1983. The British Two Pound coin was first issued in 1985 as a collectible gold coin. It was first issued as a nickel-brass Commemorative in 1986, and as general circulation coin in 1997.


Where can you get a British Five Pound coin for Five Pounds?

Although it is legal tender, the British Five Pound coin is not intended to be a circulating coin, but a collectible of a commemorative nature. In their year of issue, you should be able to buy a specimen cupro-nickel Five Pound coin from the Royal Mint for Five Pounds. Mostly, the Five Pound coin is minted as a Proof FDC coin, often in silver or gold and occasionally in platinum. The process of producing Proof FDC coins results in a finely finished coin with a mirror like finish on the flat surfaces and suitably packaged to protect it. This finishing process comes at a cost and the price of the coin increases exponentially if the coin is minted from a precious metal.


Who invented the Five Pound coin?

The Royal Mint "invented" the Five Pound coin. The gold Five Pound coin (quintuple Sovereign) was first issued in 1820 when it effectively replaced the Five Guinea coin. The gold Five Pound (Sovereign) coin was issued infrequently, mostly when a new King or Queen took the throne, and in their various Jubilee years. The modern gold Five Pound coin has been issued as a non-circulating bullion coin since 1980. The decimal cupro-nickel Five Pound (Crown) coin was first issued in 1990 and is intended as a legal tender non-circulating commemorative coin, usually commemorating some regal event or occasion.


What is the value of Royal Mint uncirculated Five Pound 22ct gold coin weighing 39.94 grammes and measures 36.02 millimetres in diameter?

The Royal Mint has produced a 22 carat gold Five Pound coin in most years since 1980. Depending on whether the coin is "Proof FDC" or "Uncirculated" and some minor variations, it might get anything from £800 to £900 GBP. Prior to decimalisation, gold Five Pound coins were mostly minted in Coronation and Jubilee years.


Will there be a British Five Pound coin?

There has been a British Five Pound coin on and off since 1817. The British decimal Five Pound gold bullion coin was first issued in 1980 and the Five Pound "Crown" coin was first issued in 1990. The current British Five Pound "Crown" coin is intended to be a non-circulating legal tender commemorative coin. The Royal Mint has no current plans to produce a general circulation Five Pound coin in the foreseeable future.


What is the value of a 2004 British Five Sovereign coin?

A British 2004 gold Five Pound (Five Sovereign) coin (QE II), uncirculated and in absolute mint condition could fetch up to £850 GBP. A British 2004 gold Five Pound (Five Sovereign) coin (QE II)(Proof FDC), uncirculated and in absolute mint condition could fetch up to £900 GBP. A reputable coin dealer will be able to give a more accurate valuation.


What is the value of a 1994 Gibraltar Five Pound coin D Day?

A Gibraltar 1994 virenium Five Pound coin (Elizabeth II)(D Day), uncirculated and in absolute mint condition could fetch up to £15 GBP. A Gibraltar 1994 virenium Five Pound coin (Elizabeth II)(D Day)(Proof), uncirculated and in absolute mint condition could fetch up to £16 GBP. A Gibraltar 1994 Five Pound coin (Elizabeth II)(D Day)(Proof in silver), uncirculated and in absolute mint condition could fetch up to £36 GBP. A Gibraltar 1994 Five Pound coin (Elizabeth II)(D Day)(Proof in gold), uncirculated and in absolute mint condition could fetch up to £700 GBP. A reputable coin dealer will be able to give a more accurate valuation.


Are all British Five Pound crown coins proof coins?

No. The British Five Pound (Crown) coin is issued as a legal tender commemorative coin and is minted in various finishes and metals to appeal to the collector. Although they are legal tender, it is not intended that they be circulated. The cheapest way to buy them is as a packaged cupro-nickel "uncirculated" coin. The alternative to an "uncirculated" coin is a Proof FDC coin which may be cupro-nickel, silver, gold, and more recently, platinum.


Was the Millennium Crown coin dated 2000 with the gold detailing the only version of the coin for that year?

The British Millennium Crown (Five Pound) coin was issued dated both 1999 and 2000. The gold "detailing" to which you refer would be the British Isles coloured with 22 carat gold(?) on the 2000 coin only. Issues of the 1999 coin included a cupro-nickel specimen in a presentation folder, a Proof in silver FDC coin and a Proof in gold FDC coin. Issues of the 2000 coin included a cupro-nickel specimen in a presentation folder, a cupro-nickel Proof FDC coin, a Proof in silver FDC coin and a Proof in gold FDC coin. The 2000 issue also included a cupro-nickel specimen with a "Dome" mintmark in the inner ring at the 3 o'clock position, in a presentation folder.