A United Kingdom 5 Pounds (Gold) contains 1.1771 troy oz of pure gold, worth $4,704.93 at today's spot price.
United Kingdom struck the 5 Pounds gold coin from 1887 to 1937 in 91.67% gold. Each coin weighs 39.94 g and holds 1.1771 troy oz (36.613 g) of pure gold. The pound was also used in Israel, Rhodesia and South Africa.
Melt values use these spot prices (US dollars):
- Gold $3,996.90 per troy oz Current quote · Quote time Oct 24, 12:19 AM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1887–1937 |
|---|---|
| Face value | 5 Pounds |
| Composition | 91.67% gold |
| Gross weight | 39.94 g |
| Fineness | .9167 (91.67%) |
| Pure metal | 1.1771 troy oz (36.613 g) |
How the melt value is worked out
Melt value is the pure gold in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
39.94 g × .9167 fine ÷ 31.1035 g per troy oz = 1.1771 troy oz
1.1771 troy oz × $3,996.90 spot = $4,704.93
Melt value vs. collector value
Melt value is a floor, not a price. Better dates, coins with mint luster and graded coins often sell well above melt; key dates and rare varieties can be worth many times more. Check the date and mint mark before selling a coin for its metal.