Cryptocurrency Q&A What is a Guernsey coin?

What is a Guernsey coin?

Stefano Stefano Sun Nov 10 2024 | 5 answers 1339
A Guernsey coin is a coin issued by the island of Guernsey. These coins are often collector's items due to their unique designs and historical value. One notable example is the 2001 Victoria 5 Pounds Silver Coin, which features a portrait of Victoria and is made of silver. What is a Guernsey coin?

5 answers

Andrea Andrea Tue Nov 12 2024
The Guernsey pound operates in a similar manner to the banknotes circulated in Scotland, England, and Northern Ireland.

Was this helpful?

354
70
CryptoSavant CryptoSavant Tue Nov 12 2024
These regions also use sterling banknotes and coins, which are issued locally but are part of the broader pound sterling system.

Was this helpful?

275
87
Luca Luca Tue Nov 12 2024
Guernsey has maintained a currency union with the United Kingdom since 1921.

Was this helpful?

228
70
Tommaso Tommaso Tue Nov 12 2024
This union means that the Guernsey pound is not a distinct currency.

Was this helpful?

256
99
CryptoTitan CryptoTitan Tue Nov 12 2024
Instead, it functions as a local issuance of sterling banknotes and coins.

Was this helpful?

226
23

Related questions

  1. What is a Guernsey coin?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts