Round £1 Coin transition date sooner than expected!
The Royal Mint initially predicted that the number of new 12-sided £1 coins in circulation would overtake the Round £1 Coin by August this year.
12-sided £1 Coins will overtake the Round £1 Coin by July
However, due to the amount of coins that have already been returned, 8 million in total, the date has been revised to as soon as late July. Of the returned coins, most will be re-used to produce new 12-sided £1 coins, with the rest being disposed of.
This is important news for industries that deal in large quantities of £1 coins, such as vending and arcade machines, who’ll need to bring forward their machine conversation date.
Most importantly, for Change Checkers this means it is going to become increasingly challenging to complete The Great One Pound Coin Race. However, we know that you love a challenge and we’re here to help you get across the finishing line.
For all the best Round £1 Coin collecting hints and tips, take a look at our video:
For the brave ones amongst you, you can still sign up to The Great One Pound Coin Race, there’s still over 100 days to go!
Good Luck!
What the people of Bath think of the new Jane Austen £2 Coin
To mark the new Jane Austen £2 coin being released to collectors as an individual coin, Yasmin and I went to Bath, home to Jane Austen, to see what people of Bath think of the new coin.
And they loved it. Watch their responses below…
The coin, designed by Dominique Evans, features a silhouette of Austen and the dates 1817-2017 both overlapped with Jane’s signature. The gold outer features regency stripes, synonymous with the era in which she wrote her novels.
Jane Austen is one of the world’s best loved novelists and over the years her books have grown into a global phenomenon. Her novels have been translated into more than 40 languages with dozens of popular film and television adaptions making her widely recognised and adored.
2017 Jane Austen Brilliant Uncirculated £2 Coin
Unprecedented release of bullion coin designs in base metal by Royal Mint
The Royal Mint has today confirmed the release of two new base metal £5 Coins– one featuring the Lion of England and the other the Unicorn of Scotland, available to order today.
New Lion of England and Unicorn of Scotland coin released today in base-metal
In fact, the Lion of England design was first revealed in 2016 but appeared to be released solely for use with gold and silver bullion coins. However, the design by Jody Clark (the man behind the current Queen’s effigy) met such popular acclaim that the Royal Mint has now confirmed its release in brilliant uncirculated base-metal.
Unprecedented in the modern era
Pistrucci’s St. George & the Dragon design has been used on a number of different specifications over the past 200 years but only once, in 1951, on a base metal coin.
The use of a bullion coin design on a base-metal coin is unprecedented in the modern era, often meaning that some of the UK’s very best coin designs, used on Britannia and Sovereign coins, have simply been too expensive for change collectors to own.
In fact, it is only Pistrucci’s St. George and the Dragon that has ever appeared on a base metal coin, under George VI in 1951, notably at a time when the Sovereign was not even being issued as a bullion coin.
More base metal issues to look forward to
The Lion of England and Unicorn of Scotland famously adorn the Royal Coat of Arms
So does this mean that we can expect to see Pistrucci’s St. George and the Dragon and the latest Gold and Silver Britannia Coin designs available in base metal?
Sadly, I think not. But there is some good news for collectors who love Jody Clark’s Lion design.
The Royal Mint has also revealed an accompanying Unicorn of Scotland £5 coin, enabling collectors to own both “supporters” of the Royal Coat of Arms.
Will there be eight more coins to collect?
Whilst the Unicorn of Scotland coin is yet to be released in Silver and Gold it is ear-marked to be part of a continued series of Silver, Gold and Platinum Bullion coins to be issued over 5 years. The set is inspired by the Queen’s Coronation Beasts that lined the entrance to Westminster Abbey for her coronation in 1953.
The Queen’s Beasts lined the entrance to Westminster Abbey for the Coronation in 1953
Currently there is no final confirmation from the Mint, but it seems likely the remaining eight coins will follow in brilliant uncirculated base-metal over the coming 4 years- a definite highlight for base metal collectors. And if the popularity of the precious metal coins is anything to go by, this latest release will be a guaranteed winner with base metal collectors too.
The new Lion of England and Unicorn of Scotland £5 Coins are available to order today in certified Brilliant Uncirculated Condition- CLICK HERE