Published date: August 11, 2020 12:45 pm
Modified date: August 20, 2020 10:01 pm
Locale:Australia · Beauty:Silver · Grade:Circ · Value: £120
The British crown, the successor to the English crown and the Scottish dollar, came into being with the Union of the kingdoms of England and Scotland in 1707. As with the English coin, its value was five shillings.
Always a heavy silver coin weighing around one ounce, during the 19th and 20th centuries the crown declined from being a real means of exchange to being a coin rarely spent and minted for commemorative purposes only.
Crowns were minted a few times after decimalisation of the British currency in 1971, initially with a nominal value of 25 pence. However, commemorative crowns issued since 1990 have a face value of five pounds.