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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.
What else can I help you with?
What are all the types of British Pounds?
British Pound denominations currently in circulation include - One Pound coin Two Pound coin Five Pound coin (legal tender and often found in circulation) Five Pound note Ten Pound note Twenty Pound note Fifty Pound note
What is the value of a Queen Elizabeth British Five Pound coin?
It's worth exactly 5 pence.
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.
Will Tesco supermarkets accept a Five Pound 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.
What is the value of a 1956 British Five Pound coin?
The Royal Mint produced no British Five Pound coins from 1938 to 1979 inclusive.
Is there such thing as 100 pound note?
Yes there is, but it is only made in Scotland and Ireland
What is the value of an 1893 British Five Pound silver coin?
There was no British 1888 Five Pound coin minted. The Five Pound coin with the Jubilee portrait of the Queen was only minted for Queen Victoria's Golden Jubilee year of 1887. During her reign the only other dates, with different designs, were 1839 and 1893. A number of forgeries dated 1888 are known.
Where would you find the mintmark on a five pound coin?
If you refer to the British Five Pound (Crown) coin, they do not have a mintmark. They were all minted at the Royal Mint in Wales.
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.
How much is your five pound in memory of princess of wales 1999 coin worth?
Five pounds
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 are the details on the new British Five Pound coin?
See the link below.
