Catalog
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| Issuer | Gibraltar |
|---|---|
| Year | 1998 |
| Type | Non-circulating coin |
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|---|---|
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| Reverse description | A naturalistic depiction of a polar bear standing on fractured Arctic ice floes, with a second polar bear resting in the background to the right. The inscription YEAR OF THE OCEAN arcs along the upper field, while the denomination AU 1/5 OZ. CROWN appears at the base. The fineness mark 999.9 is inscribed in the lower right field. |
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| Mintage | 1998 - Proof - 5,000 |
| Additional information |
Gibraltar's late-1990s bullion and semi-numismatic gold program was explicitly designed to compete with established fractional gold issues from the Royal Mint and the South African Mint. The 1/5 Crown denomination is an unusual fraction — chosen partly to hit a specific gold content near one-fifth troy ounce while keeping a retail price point accessible to smaller investors.
The .9999 fineness is notable for the period; most sovereign-adjacent issues of the 1990s still used .9167 or .9990 standards.