1/5 Crown - Elizabeth II Diana Princess of Wales

Gibraltar has issued commemorative gold in Elizabeth II's name continuously since the 1970s, but 2022 created an unusual circumstance: the Queen died in September of that year, meaning late-issue pieces like this one were struck under a monarch who did not survive the calendar year of issue. The Diana subject adds a further layer — a woman who died in 1997, commemorated by a sovereign who followed her five years later, on a coin issued by a territory whose commemorative program has always been more commercially than historically driven.