1986 5p Coin
The 1986 5p is a Royal Mint collector issue that was never released into circulation. Value band: small premium. Here is how to recognize it, what makes one worth more and what to check on yours.
- Year
- 1986
- Issued as
- Collector packs and sets only
- Value band
- Small premium
- Composition
- Cupronickel (75% copper, 25% nickel)
Original illustration of the coin's shape and metal. Tap to flip. Not a picture of the actual design.
Face value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1986 5p worth?
No 1986 5p coin was issued for circulation: the Royal Mint struck that date only for its annual collector sets. A set coin that was spent can turn up in change, which is why 1986 is a date collectors look for. Expect a small premium, more for coins still in the original set.
What would make yours worth more:
- Uncirculated condition
- A sets-only date
- A genuine mint error
For market prices, look at recent sold results for the same coin in the same condition, not asking prices.
Quick answers
- Is the 1986 5p rare?
- It is scarcer than most 5p coins. It was never issued into circulation, so most examples are in collector packs.
- How many 1986 5p coins were made?
- None were made for circulation. The Mint sold this design only in packs and sets.
- What is the 1986 5p made of?
- Cupronickel (75% copper, 25% nickel). It weighs 5.65 g and measures 23.59 mm.
- Is the 1986 5p still legal tender?
- No. The original large 5p stopped being legal tender in 1990, after the smaller coin arrived. Collectors still keep scarce dates.
The 1986 5p coin in context
1986 closed a run of six straight years with no 5ps for change. The coin, with Maklouf's portrait and the crowned thistle, was struck only for the annual sets. In all, the large FIVE PENCE 5p was issued for circulation in just three years, 1987 to 1989, before the smaller coin replaced it. That makes loose large FIVE PENCE coins far less common than the NEW PENCE ones.
How to recognize it
The other side carries Raphael Maklouf's portrait of Queen Elizabeth II, used from 1985 to 1997.
The 1986 5p is round, 23.59 mm across and cupronickel (75% copper, 25% nickel).
1986 5p by the numbers
No 1986 5p coins were struck for circulation, so none were paid out by banks. For comparison, nearby circulation dates were 1987 5p (48.2 million), 1988 5p (120.7 million) and 1989 5p (101.4 million).
What to check on your 1986 5p
- Confirm the date. 1986 5p coins came only from collector sets, so a genuine one is often in very good condition.
- Try a magnet: cupronickel 5p coins like this 1986 coin do not stick, while the steel coins of later years do.
- Look at the surfaces under a light. Coins from sets have unbroken luster and color; change-worn coins are dull and scuffed.
- Never clean it. Rubbing or dipping strips the original color and leaves fine scratches.
The large crowned thistle five pence (1968 to 1989)
The 5p was one of the first two decimal coins Britain ever saw. It went into circulation in April 1968 with the 10p, almost three years before Decimal Day on 15 February 1971. The trick that made this possible was size. The new coin matched the shilling exactly, 23.59 mm across and 5.65 g in weight, so it could be spent as a shilling while the old money was still in use and simply carry on afterwards as five new pence. Shillings stayed legal tender alongside it until the end of 1990.
Christopher Ironside designed the reverse: a thistle beneath a royal crown, the badge of Scotland, with a large figure 5. Until 1981 the wording reads NEW PENCE, a reminder that the system was new. From 1982 it reads FIVE PENCE instead. Arnold Machin's portrait of the Queen in a tiara is on the obverse until 1984, with the legend ELIZABETH II D G REG F D and the date. Raphael Maklouf's portrait, with the Queen in the George IV State Diadem, replaced it in 1985. The coin is cupronickel of 75% copper and 25% nickel with a milled edge.
Output was very uneven. Huge runs in 1970 and 1980 sit beside long gaps when no 5ps were made for change at all: 1972 to 1974, 1976 and every year from 1981 to 1986. Those dates exist only in the Royal Mint's annual sets. The lowest circulation figure is 1977, at 24,308,000. None will reach you in change today, because the large 5p stopped being legal tender at the end of 1990 after the smaller coin arrived. Old jars and drawers are where they hide now. Look for sharp thistle leaves and a clear crown, since those are the first details to wear away.
Mintage chart
Specifications
| Country | United Kingdom |
|---|---|
| Denomination | 5 pence |
| Issuer | Royal Mint |
| Year | 1986 |
| Circulation mintage | None (collector issue) |
| Composition | Cupronickel (75% copper, 25% nickel) |
| Weight | 5.65 g |
| Diameter | 23.59 mm |
| Shape | Round |
| Edge | Milled |
| Portrait | Maklouf |
Mintage figures: Five pence (British coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Mint figures. How we build these pages.