Elizabeth II Five-pound Coin
The reign of Queen Elizabeth II saw a departure from the normal practice in issuing gold coinage. A small number of gold £5 pieces were struck in 1953 in order to provide continuity of the series, and again in 1957, but neither of these strikings were released to the public, with the result that they are now valued in the £250,000–£500,000 range. No further £5 gold pieces were struck until 1980, nine years after decimalisation, since when they have been issued somewhat haphazardly in most years. Coins from 1980 to 1984 use the Arnold Machin effigy of the Queen, while the 1985–1990 coins use the Raphael Maklouf effigy. All these years use the Pistrucci reverse. In 1989 a completely new design was used to commemorate the 500th anniversary of the first issue of the sovereign coin – the obverse shows the Queen seated on the coronation throne holding the orb and sceptre, with the legend, while the reverse shows a crowned shield within a double rose and the legend .
Read more about this topic: Five Pounds (British Gold Coin)
Famous quotes containing the words five-pound and/or coin:
“Experience was to be taken as showing that one might get a five-pound note as one got a light for a cigarette; but one had to check the friendly impulse to ask for it in the same way.”
—Henry James (1843–1916)
“Any language is necessarily a finite system applied with different degrees of creativity to an infinite variety of situations, and most of the words and phrases we use are “prefabricated” in the sense that we don’t coin new ones every time we speak.”
—David Lodge (b. 1935)