Great Britain 5 Pounds (Golden Jubilee) 2002

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As far as extremely modern coins go, these have quite an appealing design. They are also large enough to show it off really well at a whopping 38.6 millimeters in diameter! They were minted to commemorate Queen Elizabeth II's golden jubilee.

Some collectors really like these, and it keeps the values respectable. However, coins must be completely, absolutely, fully uncirculated in order to have value. Any coin with scratches or wear will be seen as unattractive to the niche collecting community of this type of coins.

There are three versions of this coin. One is struck in a non-precious copper-nickel alloy, while the other versions are struck in silver and gold. If you are unsure what your coin is made of, a local jewelry store or coin shop can help you to find out.

The face value of these coins is £5 GBP, which is currently equal to $8.36 USD. Use a website such as TheMoneyConverter.com in order to find the current exchange rate.

COPPER-NICKEL: no precious metal
SILVER: 0.841 troy ounces silver
GOLD: 1.177 troy ounces gold

The base value (BV) of the silver coins is equal to the amount of silver in the coins times the current market value of a troy ounce of silver. If silver is trading at, say, $15 US dollars per troy ounce, the BV is 0.841 x $15 = $12.61 US dollars. A similar calculation gives the BV of a gold coin. Use a website such as kitco.com in order to find the current value of precious metal.

COPPER-NICKEL
worn: face value
average circulated: face value
well preserved: face value
fully uncirculated: $20 US dollars approximate catalog value

SILVER
worn: BV
average circulated: BV
well preserved: BV
fully uncirculated: BV + $30

GOLD
worn: BV
average circulated: BV
well preserved: BV
fully uncirculated: BV + $100

Remember to read our Important Terminology page found at the top left in order to properly interpret the catalog values used on this page.
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