It’s been more than 10 years since Matthew Dent redesigned the UK’s definitive coins to create the Royal Shield of Arms design, but there are still some people who don’t actually realise that these coins can be pieced together to complete the shield.
Dent’s design was chosen by The Royal Mint Advisory Committee following a public competition which saw over 4,000 designs submitted. “I felt that the solution to The Royal Mint’s brief lay in a united design,” he explained. “United in terms of theme, execution and coverage over the surface of the coins.”
Using all the coins from the 1p to the 50p and fitting them together like a jig-saw, the complete shield is revealed, as seen on the £1 coin design issued from 2008 until 2015.
Of course, the old round pound has now been replaced by the 12 sided £1, featuring the Nation’s of the Crown design. But, the definitive 1p, 2p, 5p, 10p, 20p and 50p shield coins can still be found in your change, meaning the Royal Shield can still be collected and completed.
In fact, I bet if you were to check the change in your pocket right now, you’d be surprised by how much of the shield you’ll already be able to piece together!
So why not try collecting the shield, and if you’d like to give yourself even more of a challenge, how about collecting the whole shield for each year, starting with the coins issued in 2008.
As we’ve now come to the 10th anniversary of these coins, perhaps there will be a re-design on the horizon? If the reverse of our definitive coins were redesigned, what design would you like to see on the new coins?
Complete the shield with the Royal Arms Shield Collector Card!
Designed to fit neatly into your Change Checker Album, this Collector’s card allows you to assemble the Royal Arms Shield by simply using your loose change.
Exchequer Secretary, Robert Jenrick has seemingly secured the future of Britain’s Penny and Tuppence coins.
Speaking at the historic Trial of the Pyx ceremony on the 27th april, the Treasury Minister launched an impassioned defense of coins.
Describing coins as “freedom in the palm of your hands” he went on to focus on their crucial role in uniting a nation, as well providing simple and easy payment method for over 2.7m Britons.
But most importantly, for those of us fearing the demise of the British Penny and Tuppence, hinted at by Chancellor Philip Hammond during his Spring Statement, he was very clear.
“So the penny is safe. Safe today, safe as long as the British public cherish it and see in it, more than a unit of currency, but a metaphor for the enduring strength and continuity.”
Earlier this year, the Treasury aired their doubts over the future validity of 1p and 2p coins, as well as the £50 note.
A spokesman for Theresa May said that there are no current plans to abolish them, however with the increased move towards digital payments, questions still remain as to whether it makes economic sense to continue producing these less frequently used coins and notes.
The Treasury consultation document revealed that The Royal Mint is currently issuing more than 500m 1p and 2p coins each year in order to replace those falling out of circulation.
In fact, six in ten UK 1p and 2p coins are only used once before being saved in a jar or thrown away!
Countries such as Canada, Australia, Brazil and Sweden have already scrapped lower denomination coins that are not in demand and it seems that the UK is also beginning to question the future of these coins as demand continues to fall. But how would you feel about removing 1p and 2p coins from circulation?
Only 15% of consumer spending in 2015 was accounted for by cash, with more and more people now turning to contactless and other digital payments – a trend which is forecast to become the most popular payment method in 2018.
On the other hand, the Treasury also suggested that cash is not obsolete. It’s estimated that 2.7 million people in the UK rely on cash and “It continues to play an important part in the lives of many people and businesses in the UK, whether as a budgeting tool or as a cheap and convenient method of payment”.
With regards to the £50 note, the Treasury says, “There is also a perception among some that £50 notes are used for money laundering, hidden economy activity, and tax evasion”. Despite rarely being used for “routine purchases”, there is still a demand for the £50 note overseas, alongside euros and dollars.
In our 2016 blog post, we asked Change Checkers if they thought it was time to scrap the penny and 53% of you believed we shouldn’t, as it is part of the British culture.
Two years on, how has your view changed and are you now wanting to move towards digital rather than cash payments?
We posted a poll on our Facebook page and the results showed 55% of you were against the idea of scrapping the penny.
Chris Boyce said, “We have had pennies since 785 AD. I believe it’s one of the oldest coins still being used today. English heritage is being lost everyday..don’t let us loose the penny, 1233 years of history”.
Following the media storm of newspapers such as the Daily Mail saying it would be “a PR disaster in the making”, the Government has ruled out the idea considered by the Treasury, yet this has sparked interesting debate which we will continue to follow.
If you’re interested in coin collecting, our Change Checker web app is completely free to use and allows users to:
– Find and identify the coins in their pocket
– Collect and track the coins they have
– Swap their spare coins with other Change Checkers
Sign up today at: www.changechecker.org/app