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1/5 Crown - Elizabeth II Chariot Racing, Platinum Proof

Issuer Gibraltar
Year 1991
Type Non-circulating coin
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Reverse description Dynamic scene depicting two horse-drawn chariots racing to the left, each chariot driven by a standing charioteer and pulled by a pair of galloping horses rendered in vigorous high relief. The central design is set within a circular inner border. The curved legend XXV OLYMPIAD · BARCELONA arcs around the upper periphery, while the denomination 1/5 CROWN appears along the lower arc, commemorating the XXV Olympiad held in Barcelona in 1992.
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Reverse lettering XXV OLYMPIAD · BARCELONA 1/5 CROWN
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Additional information

Gibraltar's platinum coinage of the early 1990s occupied an unusual commercial niche — issued not for circulation but squarely at the collector and investor crossover market that briefly flourished before platinum premiums made such small-denomination proofs economically awkward to produce. The chariot racing series drew on classical antiquity at a moment when Gibraltar was issuing prolifically across multiple metals, testing what a small dependent territory's mint program could sustain.

KM#59a is the platinum variant of a type also struck in gold and silver. Mintage figures for the platinum issue were extremely limited, though precise numbers are difficult to pin down in standard references.

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