Catalog
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| Issuer | Gibraltar Government |
|---|---|
| Year | 1998 |
| Type | Log in to see details |
| Value | 1/25 Crown (0.01) |
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| Composition | Log in to see details |
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| Obverse description | Truncated right-facing effigy of Queen Elizabeth II wearing the George IV State Diadem, as designed for the Pobjoy Mint series. The sovereign's portrait is unaccompanied by drapery detail at the truncation. The surrounding legend reads ELIZABETH II GIBRALTAR, with the date 1998 and the mint initials RDM PM disposed around the rim. |
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| Reverse script | Latin |
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| Additional information |
Gibraltar's series of fractional gold crowns from the late 1990s exploited a loophole in commemorative coinage economics: small-denomination legal tender struck in fine gold, priced as bullion collectibles for a market that would never spend them. The Boston Tea Party issue appeared 225 years after the December 1773 event, which itself was organized partly by the Sons of Liberty to protest the Tea Act — Westminster's attempt to bail out the financially failing East India Company by granting it a monopoly on colonial tea sales.