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5 Pounds - Elizabeth II - Hera and the Peacock

Issuer Saint Helena
Year 2022
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Value 5 Pounds
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Obverse lettering ELIZABETH II·D·G·REG·F·D·ST. HELENA · 2022 5 POUNDS JC
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Reverse script Latin
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Additional information

Saint Helena — a British Overseas Territory with no mint of its own — has become a prolific issuer of collector gold through the Pobjoy Mint and similar contractors, a arrangement that generates revenue for the territory while producing coins that will never circulate a single day. This piece belongs to a mythological series exploiting collector demand for fine gold in sovereign-format weights.

The island's coinage authority is real but its numismatic output is essentially a licensing operation.

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