1887 Gold Five Pounds - Reverse

Reverse

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1887 Gold Five Pounds - Obverse

Obverse

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Out of Stock

1887 British Gold £5 Jubilee Head Coin

The 1887 gold five pounds was issued in proof and normal (non-proof) versions, as part of the design change to celebrate Queen Victoria's Golden Jubilee.

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From £5,139.65

(VAT Exempt)

(VAT Exempt)

The 1887 gold five pounds was issued in proof and normal (non-proof) versions, as part of the design change to celebrate Queen Victoria's Golden Jubilee. We buy and sell 1887 proof or uncirculated gold five pound pieces at competitive prices.

In 1887, a gold five pound coin was issued in sufficient quantities for circulation, as well as proofs included with 11 coin sets. It is only one of three dates of gold five pound coin which was issued for general circulation, in addition to proof or pattern issues.

It is very common to find a fake 1887 quintuple sovereign so be careful who you deal with and our advice would be to go with a tried and tested dealer, like us! 

Gold £5 Coins

The first gold quintuple sovereign (£5 coin), was issued in 1820, and is considered by some to be a pattern coin. In 1826 and 1839, proofs were issued as part of complete proof coin sets, and this also occurred in 1902, 1911, and 1937.

Only in 1887, 1893, and 1902 were ordinary circulation types issued in addition to proof versions.

Coin Dies

We were surprised to hear that in 1887, the typical die life for the five pound coin was around 200 strikes. As the reported mintage was 54,000 pieces, excluding proofs, this would work out at around 270 pairs of dies, although we would have expected the obverse die life to be longer than that of the reverse. This means that the number of die variations could be very high.

It would also have been expected that a large number of coins would be seen with noticeable die cracks, but this is actually uncommon with this coin issue. From this, one could theorise that the Mint changed dies very frequently as they may have considered these coins important as Britain's highest value "flagship" coin. It has been suggested to us that this was not known to be the case. This remains, for the time being, an interesting numismatic mystery which may one day be solved.

Obverse

The new portrait for the Queen's Jubilee, effigy by sculptor Sir Joseph Edgar Boehm. His initials JEB can be seen under the bust, near the top of the Queen's arm. 

Legend reads:

VICTORIA D: G: BRITT: REG: F: D

Reverse

Benedetto Pistrucci's engraving of St George and the Dragon, BP can be seen under the ground on the right hand side in the exergue.

Key Information

Intrinsic Value£2,721.27
Product ID7984
Stock Status

Out of Stock

Product Spec

MetalGold
Weight/SizeQuintuple
Gold Weight Troy Ounces1.1771
Fineness/Carat0.917 / 22
Date1887
Obverse DesignerJoseph Edgar Boehm
Reverse DesignerBenedetto Pistrucci
Issuing MonarchVictoria (1837-1901)
Mint/BrandThe Royal Mint
CountryUnited Kingdom
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Chards Coin and Bullion ships to all areas in the United Kingdom, including the Channel Islands.

Please be advised delivery timeframes are reflective of in-stock orders where payment and any necessary identification or onboarding documents have been received.

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