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1/5 Crown - Elizabeth II Discus Thrower, Gold Proof
| Issuer | Gibraltar |
|---|---|
| Year | 1991-1992 |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Right-facing draped effigy of Queen Elizabeth II wearing the George IV State Diadem, a pearl drop earring, and a pearl necklace, after the portrait by Raphael Maklouf. The legend ELIZABETH II arcs along the left periphery, with GIBRALTAR · 1991 continuing along the right. The Pobjoy Mint initials PM appear incuse in the lower field beneath the portrait. |
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| Reverse description | Central depiction of the ancient Greek Discobolus, rendered in the classical tradition after the sculpture attributed to Myron, shown in dynamic mid-throw pose with the discus raised in his extended right arm, set against a circular sunburst field. The denomination 1/5 appears to the right of the figure in the field. The surrounding legend XXV OLYMPIAD · BARCELONA arcs along the upper periphery, with · CROWN · completing the inscription along the lower border. |
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| Additional information |
Gibraltar's Olympic commemorative program in the early 1990s produced a sprawling series of small-denomination gold proofs timed to the Barcelona 1992 Games. The issuing authority was not Gibraltar's own monetary body acting independently — these coins were produced under franchise arrangements common to British Overseas Territories seeking numismatic revenue, with Pobjoy Mint handling production for much of this output.
The .9999 fineness is the telling detail here: standard British commemorative gold of the period typically ran at .917, so the choice of four-nines purity was a deliberate marketing decision aimed at bullion-minded collectors rather than pure numismatists.