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5 Pounds - Elizabeth II On shed

Issuer States of Guernsey
Year 2004
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Technique Proof
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Obverse description Fourth definitive effigy of Queen Elizabeth II as modelled by Ian Rank-Broadley, depicting a right-facing crowned bust of the Queen wearing the George IV State Diadem and a pearl drop earring. The engraver's initials 'IRB' appear below the truncation. The circumferential legend reads 'ELIZABETH II BAILIWICK OF GUERNSEY' with the date '2004' positioned to the lower right, all within a raised rim.
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Reverse description The reverse presents a detailed depiction of two steam locomotive tenders viewed from the front in a shed setting, rendered in a cross-sectional style separated by a central vertical dividing line. The left tender shows a standing fireman or worker with a shovel, while the right tender depicts a stoker shovelling coal amid a large mound of fuel. Steam or smoke issues from the dome fittings atop each tender. A locomotive number plate reading '81 A' appears in an oval cartouche at the bottom centre. The denomination 'FIVE POUNDS' is inscribed along the upper right field within the rim.
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Guernsey's "On shed" issue commemorates the centenary of the Great Western Railway's locomotive preservation tradition, a subject that placed a British Crown dependency squarely in the business of celebrating mainland railway heritage. The GWR connection to the Channel Islands was indirect at best — inter-island rail networks never existed — making this more a collector-market piece than any expression of local history.

KM#133a denotes the silver proof variant struck alongside a base-metal circulation issue.

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