Five Pounds 2015 Battle of Waterloo (Fourth Portrait), Coin from United Kingdom - detailed information

At the time of decimalisation in 1971, the United Kingdom Crown coin (equal to 5 shillings) was redenominated as a 25p coin and pieces struck prior to 1990 - all the way back to 1818 - continue to be legal tender for that amount. The old denomination had been a regular circulating coin in the 19th century, but in the 20th century it became more of a commemorative denomination.

The Royal Mint continued issuing commemorative coins in the same format - using the traditional coin dimensions, but in copper-nickel. These were initially also denominated as 25 pence but the "Crown" was changed in 1990 to a commemorative £5 (five pound) coin, having the same dimensions and weight but with a face value twenty times as great.

The denomination is used to mark special occasions, usually royal in theme, rather than for use in general circulation. Although not circulating, these coins are legal tender.

This commemorative £5 Crown-sized coin marks the 200th anniversary of the Battle of Waterloo.

The Battle of Waterloo was fought on Sunday, 18 June 1815 near Waterloo in Belgium, part of the United Kingdom of the Netherlands at the time. A French army under the command of Napoleon Bonaparte was defeated by two of the armies of the Seventh Coalition: an army consisting of units from the United Kingdom, the German Legion, the Netherlands, Hanover, Brunswick and Nassau, under the command of the Duke of Wellington, referred to by many authors as the Anglo-allied army, and a Prussian army under the command of Field Marshal Blücher. The battle marked the end of the Napoleonic Wars.

Waterloo was the decisive engagement of the Waterloo Campaign and Napoleon's last. According to Wellington, the battle was "the nearest-run thing you ever saw in your life" - which is inscribed on the edge of the precious metal versions of the coin. Napoleon abdicated four days later, and coalition forces entered Paris on 7 July. The defeat at Waterloo ended Napoleon's rule as Emperor of the French and marked the end of his Hundred Days return from exile. This ended the First French Empire and set a chronological milestone between serial European wars and decades of relative peace, often referred to as the Pax Britannica.