Gibraltar's relationship with British royal commemoratives is frankly opportunistic — the territory has issued coins for virtually every significant event in Elizabeth II's reign, producing volumes that far exceed any plausible local circulation need. The Diamond Jubilee issue of 2012 marked sixty years on the throne, a milestone only Queen Victoria had previously reached among British monarchs.
The silver-plated copper-nickel composition places this squarely in the souvenir tier rather than the bullion or proof market. Plating adhesion on these Gibraltar crown-sized pieces varies noticeably across the production run.
Gibraltar's relationship with British royal commemoratives is frankly opportunistic — the territory has issued coins for virtually every significant event in Elizabeth II's reign, producing volumes that far exceed any plausible local circulation need. The Diamond Jubilee issue of 2012 marked sixty years on the throne, a milestone only Queen Victoria had previously reached among British monarchs.
The silver-plated copper-nickel composition places this squarely in the souvenir tier rather than the bullion or proof market. Plating adhesion on these Gibraltar crown-sized pieces varies noticeably across the production run.