Great Britain 5 Pounds  2002
Great Britain 5 Pounds 2002

This coin was issued in three metals: copper-nickel, sterling silver, and 22 karat gold. The first question is, of course, which metal do you have? If in doubt, a jeweler can often help.

Coins made of copper-nickel are worth face value: 5 pounds in the UK. A fully uncirculated specimen may be worth a little more because collectors want to add them to their collections.

Silver and gold coins are worth their weight in precious metal. These coins were issued for collectors to buy, usually at high premiums. If you try to sell one, you will find that the most people will offer is bullion value, sometimes a little less, sometimes a little more, but always close to bullion value. To figure bullion value:

SILVER COINS: contain 0.841 troy ounces silver
GOLD COINS: contain 1.138 troy ounces gold

Go to and look up the current price of silver and gold, then multiply by the metal content to get the bullion value. For instance, today's silver price is $17.43 US dollars per troy ounce (tomorrow it will be different, look it up), so a silver 5 pound coin is worth 0.841 x 17.43 = $14.66 US dollars.

Coin: 18107 , Genre: Colonizers and Colonies
Requested by: Daniel G, Tue, 21-Oct-2014 17:33:21 GMT
Answered by: Paul, Wed, 22-Oct-2014 01:22:55 GMT
Last review by CoinQuest: Fri, 28-Jul-2017 23:25:50 GMT
Requester description: 2002 On back a picture of the Queen Mother with a laurel reaching around her.
Queen Elizabeth II on the front.
Tags: great britain 5 pounds pound uk brit brittan brittain england britian britt english britan british brittish punt queen mother laurel elizabeth ii queens elizabith elisabeth elisabet elizabet elizebeth elizibeth lizabeth people two wreath person peoples peple persons wreathed rief reif reef wreathe wreat garland wreth wreah wreaths


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