Like many other mints, the Royal Mint issues bullion coins in precious metals, having much higher intrinsic value than their face value. Most of these by tradition are measured in troy ounces of fractions thereof, but the mint also introduced metric coins measuring one kilogram of pure metal, then also two and five kilograms (they are actually fractionally heavier as a whole, to account for the small amount of other metal in the alloy).
The 5 kg gold coins are denominated as Five Thousand Pounds (£5,000), although their intrinsic (bullion) value is much higher than their face value. The coins vary in design depending on the occasion; they are "one-year" types usually issued in parallel with smaller denominations with the same reverse designs.
The coins are legal tender but are not intended for circulation. They are targeted at collectors who appreciate the special editions as pieces of art or show pieces.