A lovely example of a quintuple sovereign, otherwise known as a gold five pound coin.
This coin was minted in 1887 for Queen Victoria's Jubilee. There are many high quality fakes of 1887 gold five pound pieces in collections and circulation.
This one pictured has been sent to the Royal Mint for analysis and was confirmed as genuine by their numismatics department in approximately 2012.
We have other grades available in gVF and EF condition, stocks permitting. Spink reference number 3864.
Each £5 gold quintuple sovereign contains 1.1771 troy ounces of gold or 36.6119 grams of gold.
The first gold quintuple sovereign (£5 coin), was issued in 1820, and is considered by some to be a pattern coin. In 1826 and 1839, proofs were issued as part of complete proof coin sets, and this also occurred in 1902, 1911, and 1937.
Only in 1887, 1893, and 1902 were ordinary circulation types issued in addition to proof versions.
We were surprised to hear that in 1887, the typical die life for the five pound coin was around 200 strikes. As the reported mintage was 54,000 pieces, excluding proofs, this would work out at around 270 pairs of dies, although we would have expected the obverse die life to be longer than that of the reverse. This means that the number of die variations could be very high.
It would also have been expected that a large number of coins would be seen with noticeable die cracks, but this is actually uncommon with this coin issue. From this, one could theorise that the Mint changed dies very frequently as they may have considered these coins important as Britain's highest value "flagship" coin. It has been suggested to us that this was not known to be the case. This remains, for the time being, an interesting numismatic mystery which may one day be solved.
The new portrait for the Queen's Jubilee, effigy by sculptor J E Boehm.
The classic St George and the Dragon design by Benedetto Pistrucci.
|Weight / Size||Quintuple|
|Gold Weight Troy Ounces||1.177|
|Silver Weight Troy Ounces||0|
|Fineness / Carat||0.917 / 22|
|Obverse Designer||Joseph Edgar Boehm|
|Reverse Designer||Benedetto Pistrucci|
|Issuing Monarch||Victoria (1837-1901)|
|Mint / Brand||The Royal Mint|
|04 July 2019||aUNC||aUNC||£3,760.00|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
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