1981 gold proof £5 coin in grade C condition.
In 1981, the £5 coin was made available separately for the first time since 1902, although only 5,400 were issued.
These coins are Grade C, making them perfect for investors looking for proof coins at bullion prices. Struck in 22 carat gold, these loose proof quintuple sovereigns are sold without capsules.
Way back in 1902, five pound gold coins were issued for circulation, but even then, they were probably mainly hoarded as curiosities and keepsakes as the modern cupro-nickel £5 crowns are nowadays.
In 1980 the Royal Mint started issuing gold £5 coins once again, although some dates were issued only as part of a 4 coin gold proof set, others were issued as proofs, some as uncirculated versions.
The second or decimal portrait was issued from 1968 to 1984, but the only two dates of five pound gold coin issued with the second portrait were 1981 and 1984, apart from those issued as part of complete proof sets in 1980 and 1982. Because of this the 1981 £5 gold coin is an important coin for "type" collectors.
The obverse shows the second UK coin portrait of Elizabeth II by Arnold Machin.
The reverse shows Benedetto Pistrucci's design of St George and the Dragon as seen on the bullion sovereigns coins issued in the same year.
|Weight / Size||Quintuple|
|Gold Weight Troy Ounces||1.177|
|Silver Weight Troy Ounces||0|
|Fineness / Carat||0.917 / 22|
|Obverse Designer||Arnold Machin|
|Reverse Designer||Benedetto Pistrucci|
|Issuing Monarch||Elizabeth II (1952 - Date)|
|Mint / Brand||The Royal Mint|
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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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All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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