1 Pound - Elizabeth II Millennium 2000

Guernsey's millennium coinage was issued under the authority of the States of Guernsey, a body that has retained the right to issue its own currency independently of the UK since the Bailiwick was never formally incorporated into the United Kingdom. The year 2000 prompted a wave of commemorative issues across British Crown Dependencies, and Guernsey's output was no exception — gold-plated silver pieces like this one were produced specifically for the collector market rather than circulation.

KM#87 is one of several denomination variants struck for the millennium series, each sharing the same plating specification over .925 silver.