The Gibraltar Five Pound coins are similar to the British Five Pound coins in that although they are legal tender, the Five Pound coin is not intended to be a circulating coin, but a collectible of a commemorative nature and many businesses are reluctant to accept them.
Gibraltar currency is only legal tender in Gibraltar and most authorities advise changing your currency before you depart Gibraltar.
If you want to sell your Five Pound coin, take it to a reputable coin dealer.
These coins are still potentially in circulation so, unless they are part of a Proof or Uncirculated mint set or are individual Proof or Uncirculated coins and in absolute mint condition, they are worth One Pound in Gibraltar. The Gibraltar currency (GIP) is pegged at par with the British Pound Sterling (GBP) and the Gibraltar decimal coinage is identical in dimensions and composition to the equivalent British coins, being struck on the same blanks. Gibraltar currency is "legal tender" only in Gibraltar.
£5
These coins are still potentially in circulation so, unless they are part of a Proof or Uncirculated mint set or are individual Proof or Uncirculated coins and in absolute mint condition, they are worth 50 Pence.
The One Pound coin replaced the One Pound note in the British currency in 1983. Pound coins include the One Pound and Two Pound coins, and the Five Pound coin which is issued as a commemorative but is still legal tender.
yes 5 pound coins are legal tender
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.
The Royal Mint produced no British Five Pound coins from 1938 to 1979 inclusive.
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. Many businesses are reluctant to accept the Five Pound coin, but the Post Office has a stated policy of accepting Five pound coins for goods and services.
Some commemorative coins such as the Five Pound coins and the early Two Pound coins are not intended for circulation, but as souvenirs of an event of national significance. People tend to keep Commemorative coins because they are Commemorative coins.
Probably, one day. At present, the Royal Mint and the Bank of England have no current plans for this in the immediate future. The current Five Pound coins (Crowns) are legal tender, but are not intended for general circulation.
A man walks into a shop, and asks for five pound coins as change for a five pound note. The shopkeeper says, "I'm sorry, we only have one pound coin, I'll give you that and two two pound coins, that should suffice."
A £5 coin is the exact same value as a £5 note or 5 £1 coins etc