The new £5 coin that's set to be worth a fortune

£5 coin for Sapphire Jubilee

Coins celebrating the Queen's Sapphire Jubilee have flown off the shelves at the Royal Mint so quickly that they are set to become valuable collectors' items. They include a £5 coin struck to celebrate the Queen's 65 years on the throne. So can you make money from the coin?

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There are a few versions of the £5 coin. There's the standard one - an uncirculated proof in a commemorative pack that will set you back £13. There are plenty of these still available, but these aren't the ones that collectors have their eyes on.

Along with the straightforward coins, the Royal Mint produces a number of very limited edition versions in a variety of metals - and in specific runs. A number of these have sold out already.

Of the £5 coins, there were 8,000 sterling silver proof coins produced at £82.50, and they have all sold out at the Royal Mint. Coin sellers are now selling them on for between £95, and £130. As their stocks run low, we can expect this price to climb.

There were also 2,500 Silver Proof Piedford Coins priced at £155. These have sold out too - and are now changing hands for £300 or more.

And there were Gold Proof Coins. Just 650 of these were struck, and they sold out at £1,945. They have been priced up to as much as £3,000 by dealers.

More in the set

It's not just the £5 coins in the set that have sold well. There are also £10 coins - with a different design on the reverse. There were 1,500 five-ounce silver proof coins produced, priced at £415, and these have sold out too. They are being sold on for £495 at the moment. The five-ounce gold proof coin, meanwhile, cost a whopping £8,250, and all 110 of them have sold out.

There are Sovereigns too. There were 750 22 carat gold Sovereigns struck on the day of the Jubilee on 6th February, and priced at £500. These have all been reserved.

Then there's a £500 coin. There were 250 silver proof kilo coins made - of which 85% have sold. One of these would set you back £2,050.

And there's a £1,000 coin - a UK gold proof kilo coin - priced at £49,995.

Why are they so collectible?

The Royal Mint has hit on a winner, because this is the first ever Sapphire Jubilee in British Royal History. Given the longevity of Royals nowadays, there's unlikely to be anyone crowned much before the age of 60 in future - so another Sapphire Jubilee is hardly on the cards.

It has also created demand from scarcity - with a handful of some coins made. The fact that so many have sold out - and that so many dealers have hiked the prices - is an indication that short term buying and selling has made some people plenty of cash.

Of course, as always with coins, there's no guarantee that their price will rise, and that you will get back what you paid for it - let alone more. As for £5 coins, because they are not in circulation, you can't even spend them to get £5 of value from them.

Whether or not you buy one, therefore, depends on how much you would get out of owning one, and whether you can afford to lose the money you spend. So what do you think? Are they worth it?

Incredibly valuable coins
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Incredibly valuable coins
This Australian coin was the first half crown minted under Edward VII. The price for a Melbourne coin in good condition is particularly high because around half of them were produced with faults. It’s now worth £7,500 and has risen in value some 13,789% since it was first in production

The only half crown on the list gets its position from its rarity value. However, the fact this is a silver coin rather than a gold one does affect its value - so it’s worth £10,500. It’s significantly less than others on the list - but it has still appreciated 79,445%.

This is the newest coin in the top ten, and the first year that sovereigns were produced featuring the Queen. The coin was produced in small numbers for investors - rather than for circulation - so is thought to be worth £12,500, due to its rarity.
This is another collectable gold coin prized for its rarity value. It’s worth £15,000 today and has appreciated 191,716%
This was issued in very small numbers, as it was produced during WWI. As a result, few are available - especially as uncirculated coins - so one in good condition will fetch £16,000.
This is another coin prized for its rarity, thanks to a relatively low number being minted, and more being taken out of circulation during WWI. It’s now thought to be worth £17,000 after appreciation of 42,084%.
This 1926 coin has shot up in value and is now worth £31,500. The rise in value is partly to do with a very low mintage, and partly to do with the fact that people were asked to hand their sovereigns over to be melted down during WWI, which took many of them out of circulation.
This brass threepence from 1937 has benefited enormously from the fact that Edward didn’t stick around for long to get too many coins struck in his image before he abdicated. It is now worth £45,000.
This 1933 penny has seen a stunning appreciation in value and is valued at a whopping £72,000 today. The value is due entirely to rarity. Only around seven British versions of this coin were minted, and were intended for the King to bury under the foundation stones of new buildings. They have been subject to theft, and a few are said to be in private hands now.
This isn’t the oldest coin in the list, but it was produced in a year when all gold coins were recalled and exchanged for paper money - so the vast majority were melted down. Its rarity and popularity puts it head and shoulders above the rest. It is worth an eye-watering £6,500,000, and has increased in value 2,178,885% since it was produced.

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