Five Pounds 2024 Myths and Legends - Little John, 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 is the third design in the Myths and Legends range of bullion and commemorative coins by the Royal Mint, and features Little John, a character from the tales of Robin Hood.

The mint says about it:
Renowned for his size and unwavering loyalty, Little John often comes to Robin Hood’s aid in times of need and features prominently throughout many of the legendary outlaw’s adventures.