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 £5 Crown-sized coin is part of a four-coin set of silver coins called "Portraits of Britain", which is the second in a series of sets issued over several years. The 2016 set features landscapes from around the United Kingdom; this coin shows "the Giant's Causeway", which is an area of about 40,000 interlocking basalt columns, the result of an ancient volcanic fissure eruption. It is located in County Antrim on the north coast of Northern Ireland.
The place was declared a World Heritage Site by UNESCO in 1986 and a national nature reserve in 1987 by the Department of the Environment for Northern Ireland. The tops of the columns form stepping stones that lead from the cliff foot and disappear under the sea. Most of the columns are hexagonal, although there are also some with four, five, seven or eight sides. The tallest are about 12 metres high, and the solidified lava in the cliffs is 28 metres thick in places.
Designed by Royal Mint engravers Laura Clancy and Glyn Davies, each attraction is viewed as though through the eyes of a visitor, giving the coins the feel of an impressionist painting, enhanced by the trichromatic colour-printing.
The coins were issued in Proof FDC grade in sterling silver only. |