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gold coin from reign of King George III
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Rare £5 gold coin from reign of King George III expected to fetch £250,000 at auction

Just 25 of the sovereigns were made as the elderly monarch lay dying in 1820 after reigning for six decades.

An incredibly rare £5 coin struck 200 years ago to commemorate King George III's 60 years on the throne is set to sell for £250,000 - 50,000 times its face value.

Just 25 of the gold coins were made as the elderly George III lay dying in 1820 after reigning for six decades.

The sovereign coin, the last to feature the monarch’s head, had been planned by the Royal Mint to be a celebration of the King’s rule.

But he died before prototypes of the proposed coin could be completed and so it could not be put into circulation.

Instead a handful were struck effectively as posthumous commemorative pieces.

Six went to institutions like the Royal Mint, the Bank of England and the British Museum, while eight were handed to Royal Mint officials.

The remainder were acquired by influential figures such as the Marquis of Salisbury and contemporary coin collectors such as the south London brewer Robert Barclay and the museum curator Edward Hawkins.

The 1820 Pattern Five Pounds, featuring the bust of George III on one side and St George slaying a dragon on the other, is now among the rarest and most sought-after British coins.

 
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