The value of a 5 pound coin can vary significantly depending on several factors, including:
- Year of issue: Older coins, especially those pre-1990 with a face value of 25p, may hold different collector value compared to newer £5 coins.
- Composition: Coins made of precious metals like gold or silver will be worth at least their metal content, and potentially more based on their rarity and demand from collectors. For example, the gold Quintuple Sovereign coins, although having a face value of £5, are valued based on their gold weight and the current gold price, [according to Bullion by Post] . NGC lists an 1839 Proof Great Britain 5 Pounds (KM 742) made of gold with a melt value of $3,928.99 as of August 15, 2025. Similarly, an 1893 Proof (KM 787) has a melt value of $3,930.83 on the same date.
- Commemorative vs. circulation: Most £5 coins are commemorative and are intended as souvenirs, not everyday currency. Their value is primarily numismatic (collectible) rather than based on their face value.
- Condition: Coins in better condition (e.g., Brilliant Uncirculated or Proof) are generally more desirable and can fetch higher prices from collectors. Silver proof £5 coins, like the 2003 Coronation Anniversary Silver Proof or the 2002 Death of Queen Mother Silver Proof, were originally sold by the Royal Mint for £82-£88 but may be found for lower prices on the secondary market.
- Rarity and mintage: Coins with lower mintage figures or special designs can be more valuable.
- Consult a coin dealer: Professional coin dealers can appraise your coin and offer a fair price.
- Check online resources: Websites like NGC and Bullion by Post provide pricing information and historical data for various coins. You can also research past sales on online marketplaces like eBay.
- Consider selling options: You can sell your coins to a coin dealer for a quick sale at competitive rates, utilize an auction house for larger collections, or list them online yourself through auction sites like eBay, although be aware of potential fees and the effort involved in selling individually.
Ultimately, the value of a specific 5 pound coin will be determined by its unique characteristics and the demand among collectors.
Is the 5 pound coin worth anything?
A normal base metal Crown may fetch £10 or more if particularly desirable. The gold and silver commemorative £5 coins will often be worth far more on metal value alone, and their more limited mintage figures may result in an even high price.
Do 5 pound coins exist?
Derived from the pre-decimal crown, the modern £5 crown has been used to produce spectacular commemorative coins since 1990. Our selection of crowns offers a range of historic year dates alongside beautiful commemorative editions including Lunar Year of the Dragon, The Royal Tudor Beasts and George Michael designs.