The Falkland Islands, a British Overseas Territory in the South Atlantic Ocean, uses the Falkland Islands Pound as its currency; it is a variation of the United Kingdom Pound Sterling and has always been pegged to it at par. Coins and banknotes of both currencies are used interchangeably on the islands, although the reverse is not true - Falkland Islands coins and notes are not legal tender in the United Kingdom.
Apart from the regular circulation coinage, the territory also issues Non-Circulating Legal Tender (NCLT) coins for collectors - such as this very large five ounces of silver piece.
This coin is part of a range paying tribute to the English Rose Ryal coin, originally introduced during the reign of King James I in the early 17th century.
At the time of its issue, the Rose Ryal was not merely a means of currency but a symbol of prestige and wealth, often reserved for significant transactions or presented as royal gifts. Due to its considerable face value and fine gold content, it was highly prized by courtiers and nobles alike. Today, surviving examples of the Rose Ryal are exceptionally rare and considered some of the most desirable coins from the Stuart period. | 
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