Catalog
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| Issuer | Central Bank of Malta |
|---|---|
| Year | 1972-2007 |
| Type | Log in to see details |
| Value | 5 Mils (0.005 MTL) |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The bold numeral 5 dominates the centre of the scalloped field, with the denomination legend MILS inscribed in a straight line immediately below. A continuous wreath of vine leaves and grapes encircles the central device, following the contour of the scalloped border and providing a decorative frame to the composition. |
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| Mint | Royal Mint, Llantrisant, United Kingdom (1968-date) FM Franklin Mint (The Franklin Mint), Wawa, Pennsylvania, United States (1964-date) |
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| Additional information |
Malta's cent-based decimal system was introduced in 1972 when the pound was subdivided into 1000 mils, replacing the old sterling-linked lira system that had persisted since British colonial administration. The 5 mils sat at the lowest practical tier of that new structure. Production of the denomination continued sporadically over three and a half decades, though circulation demand was minimal — the coin's purchasing power had become effectively negligible long before the series was retired ahead of euro adoption in 2008.