In 2003, to celebrate the History of the Royal Navy, the Royal Mint released on behalf of Jersey a Limited Issue Francis Drake £5 Five Pound Silver Proof Coin struck in solid .925 Sterling Silver.
The reverse design depicts Sir Francis Drake while the obverse has the stunning portrait of Her Majesty Queen Elizabeth II designed by Ian Rank Broadley.
These legal tender coins have been struck to proof quality using specially prepared dies and highly polished blanks.