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15 Pounds - Elizabeth II Silver £15 Royal
| Issuer | Gibraltar |
|---|---|
| Year | 2014 |
| Type | Log in to see details |
| Value | 15 Pounds |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
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| Reverse description | The reverse bears a right-facing portrait effigy of Queen Elizabeth II set against the iconic Rock of Gibraltar in the background, marking the first numismatic issue to depict the Queen before this celebrated landmark. The Queen's likeness is rendered in a contemporary style, approved by the Palace, with her name and title appearing in the surrounding legend. The denomination and date are inscribed within the legend field. The composition of the portrait against the Rock serves as a symbolic reference to Gibraltar's identity as a territory synonymous with steadfastness and resilience. |
| Reverse script | Log in to see details |
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| Edge | Plain |
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| Additional information |
Gibraltar's £15 denomination is a fiscal oddity — the territory's coins are legal tender locally but circulate almost exclusively as bullion and collector pieces, since the pound sterling dominates everyday transactions. The £15 face value itself has no organic economic logic; it was set to clear a margin above spot silver at the time of issue without mimicking the £1 or £2 coins actually used in trade.