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Five pound coins are legal tender but are intended as souvenirs and are rarely seen in circulation. The coins are sold by the Royal Mint at face value and also, with presentation folders, at a premium to that face value. The 2010 coins, with such folders, were sold for 9.95 each. The coin is a continuation of the crown, which after decimalisation became the commemorative twenty-five pence coin.

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That said, opinions are mixed on ability to bake and value. The series G note is the only 5 note that is currently legal tender. The old paper series E was withdrawn, following a co-circulation period with both notes being legal tender which ended on 5 May 2017. In December 2013 the Bank of England announced that the next 5 note would be printed on a polymer, rather than cotton paper. The bank cited that they would be cleaner, more secure and more durable. «If members of the public are concerned, then they should take the notes back to the bank where they will be exchanged.»

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With its origins dating back to the year 760, the Pound Sterling was first introduced as the silver penny, which spread across the Anglo-Saxon kingdoms. In 1158, the design was changed and rather than pure silver the new coins were struck from 92.5percent silver and became to be known as the Sterling Pound. Silver pennies were the sole coinage used in England until the shilling was introduced in 1487 and the pound, two years later, in 1489. The British Pound is the oldest currency still in use today, as well as one of the most commonly converted currencies. The Falkland Islands, Gibraltar, and Saint Helena are all pegged at par to the GBP. The United Kingdom’s central bank is the Bank of England.

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This year Her Majesty the Queen will celebrate 65 years since her accession to the throne- the only British Monarch to do so. To mark this special occasion a new 5 coin has been released – and if you order today it could be yours for just its face value – 5 for 5 POSTFREE. A free fiver is the least you can win on the mega reel with chances to secure 500 free spins.

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