The 1911 gold five pound coin was issued in a proof version, and was only available as part of the "long" gold proof set of 12-coins, the "short" set being only from sovereign downwards. The mintage figure was much lower for Queen Victoria's five pound coins in 1889 and 1893 as well as Edward VII's in 1902. This coin watch would have required the use of two 1911 five-pound coins in its manufacture making it particularly expensive to create. The original fitted Cartier box is a rare survival