Catalog
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| Issuer | Government of Gibraltar |
|---|---|
| Year | 1995 |
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| Currency | Crown Coinage (1967-date) |
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| Obverse description | Right-facing crowned effigy of Queen Elizabeth II after the third portrait by Raphael David Maklouf, depicting the Queen wearing the George IV State Diadem and a pearl necklace. The truncated draped bust is rendered in high relief against a flat field. The legend 'ELIZABETH II' arcs along the left rim and 'GIBRALTAR' along the right, with the date '1995' positioned at lower right. A toothed border frames the entire design. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Gibraltar's 1995 crown issues exploited a well-established loophole: as a British Overseas Territory, Gibraltar could issue its own legal tender coinage without approval from the Royal Mint, allowing the government to produce an essentially unlimited stream of commemorative pieces aimed squarely at the collector market rather than circulation. The discus thrower subject tied loosely to Atlanta 1996 Olympic anticipation, part of a wave of sports-themed issues that flooded the market from smaller issuing authorities throughout the mid-1990s.