Catalog
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| Issuer | Gibraltar Government |
|---|---|
| Year | 1996 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 31.1 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Additional information |
Gibraltar's "Royal" denomination was introduced as a bullion and collector unit with no practical circulation role — a direct response to the success of the Britannia and other national silver programs launched through the late 1980s. The 1996 Bulldog issue belongs to a series that leaned deliberately into Gibraltar's British identity at a moment when the territory's constitutional relationship with Spain remained a live diplomatic irritant, the border having only fully reopened in 1985 after a sixteen-year closure under Franco.
KM#365a distinguishes the proof striking from the bullion issue, with the "a" suffix denoting the enhanced finish rather than a compositional change.