when did the 5 pound coin come out
Five pounds (British coin) The British five pound (£5) coin is a commemorative denomination of the pound sterling. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction in 1990. Two different portraits of the Queen have graced the coin, with the latest design by Ian Rank-Broadley being introduced in 1998. The coin has no standard reverse; instead it is altered each year to commemorate important events. Variant obverses have also been used on occasion.
Sixpence (British coin) Beginning with Lord Wrottesley's proposals in the 1820s, there were various attempts to decimalise the pound sterling over the next century and a half.[9][10] These attempts came to nothing significant until the 1960s when the need for a currency more suited to simple monetary calculations became pressing[citation needed]. The decision to decimalise was announced in 1966, with the pound to be divided into 100, rather than 240, pence.[11] Decimal Day was set for 15 February 1971, and a whole range of new coins were introduced. Sixpences continued to be legal tender with a value of ​2 1⁄2 new pence until 30 June 1980.[12]
Crown (British coin) Always a heavy silver coin weighing around one ounce, during the 19th and 20th centuries the crown declined from being a real means of exchange to being a coin rarely spent and minted for commemorative purposes only. In that format it has continued to be minted, even following decimalisation of the British currency in 1971. However, as the result of inflation the value of the coin was revised upwards in 1990 to five pounds.[1]
Two pounds (British coin) The coin was introduced on 15 June 1998 (coins minted 1997) after a review of the United Kingdom's coinage decided that a general-circulation Â£2 coin was needed.[1] The new Bi-metallic coin design replaced a series of commemorative, uni-metallic coins which were issued between 1986 and 1996 to celebrate special occasions. Although legal tender, these coins have never been common in everyday circulation.