Posts Tagged ‘decimal coins’
Change Checkers vote Royal Navy £2 their favourite
Thank you to everyone who voted for their favourite of the new 2015 coin designs in our recent poll. Thousands of you participated and it was a very close call between the three circulation coins, but in the end the First World War Royal Navy £2 just edged out the Battle of Britain 50p as the most popular design.
Change Checkers voted the Royal Navy £2 as their facourite
The coin (pictured here) is the second design in the Royal Mint’s five year programme commemorating the centenary of the First World War.
The British Royal Navy was by far the best in the world at the time of outbreak in 1914, and offered a formidable defence of British coastal waters throughout the war.
The reverse design by renowned military artist David Rowlands features the imposing image of a First World War Navy battleship approaching on the open sea with the anniversary dates around the outside.
It remains to be seen when exactly the three 2015 coins will be making their way into general circulation next year, but we are already looking forward to finding them!
Today you can own the first coin in the Royal Mint’s commemorative First World War Centenary programme featuring Lord Kitchener’s iconic call to arms.
Click here to reserve your exclusive presentation pack!
Royal Mint announces new coin themes for 2015
2015 is set to be something of a momentous year for coin collectors, with five significant anniversaries to be commemorated next year. They are:
£2 – The 800th Anniversary of theMagna Carta
2015 
marks 800 years since the signing of the Magna Carta – an agreement which forced King John to abide by the ancient laws and customs by which England had previously been governed. Literally translated as “Great Charter” it laid the foundations for modern democracy and the rights of English citizens. In fact, it is still cited in many legal cases to this day.
50p – 75th Anniversary of the Battle of Britain
Perhaps surprisingly, this will be the very first time that the Battle of Britain is commemorated on a United Kingdom coin. In the summer of 1940, Nazi Germany was quickly advancing through Europe, but their failure to gain air superiority over the RAF in Britain was ultimately one of the turning points of the war.
£2 – 100th Anniversary of the First World War – Royal Navy
The second design in the series of First World War £2 coins pays tribute to the role of the Royal Navy. At the time, it was by far the most powerful navy in the world and was a major asset to Britain in defending coastal waters against the Germans.
£5 – 200th Anniversary of the Battle of Waterloo
Also making its debut on United Kingdom coinage for 2015 is the Battle of Waterloo. Fought by the Duke of Wellington and his allied armies against Napoleon Bonaparte of France in 1815, it was a defining moment in European history – ending 20 years of conflict in the continent.
£5 – 50th Anniversary of the Death of Winston Churchill
There are few Britons more worthy of commemoration than the wartime Prime Minister himself, Sir Winston Churchill. Following his death in 1965 he became the first person outside of the Royal family to be commemorated on a coin, and now, fifty years on, he is being honoured again on a new £5 coin.
Next year the Queen is due to become the longest reigning monarch in British history, and there will soon be a new portrait on our coins to honour her. With the final appearance of the long-standing effigy of Queen Elizabeth II by Ian Rank-Broadley FRBS and five very noteworthy anniversaries, it already looks like 2015 will be a truly landmark year for coin collectors.
25 pence – the ‘unknown’ denomination
Nowadays, the very idea of a 25p coin seems strange and certainly not something that would ever be adopted into our monetary system. However, between 1972 and 1981, four 25p coins were issued in the UK and if you know about them, you can call yourself a true Change Checker – as for most of us it has become the ‘unknown’ denomination.
A new decimal era
In 1971, decimalisation brought about a significant change in British coinage. Amongst other denominations, the crown, which had always traditionally been worth 5 shillings, was re-tariffed. Logic dictated that the value of a crown was now 25 pence. Logic does not always follow common sense, nonetheless in 1972 the first 25p was issued as a commemorative, and three more were to follow:
The very first 25 pence coin was struck to honour the Silver Wedding Anniversary year of Queen Elizabeth II and Prince Philip. The reverse design features their initials and anniversary dates.
Five years later in 1977, the Queen celebrated her Silver Jubilee. For this crown, a rarely seen portrait of Her Majesty on horseback was struck for the obverse, similar to the famous Coronation crown. The reverse depicts the ampulla and anointing spoon used in the ceremony.
The 1980 crown was the very first time a person other than a monarch had been portrayed on a coin in their own lifetime; that honour went to the Queen Mother for her 80th birthday. The reverse design features a pattern of bows and lions – a pun on her maiden name (Bowes-Lyon).
1981 saw Charles and Diana’s wedding. The crown issued for the occasion was the very first time that three people had been portrayed on a British coin simultaneously, with the reverse featuring a conjoined portrait of the bridal couple.
Despite their obvious lack of denomination, all the coins are legal tender, but the reality is that most banks and retailers would be reluctant to accept them. There was nothing wrong with the continuity of these 25p crowns – they were all their familiar size, all struck in cupro-nickel as before, and all commemorated a Royal British occasion.
However, the Royal Mint recognised a problem.
A denomination consigned to history
By 1990 inflation had meant that to issue such a large coin at a face value of 25p would result in a large portion of income being taken up in minting the coin. By way of comparison, the purchasing power of the first commemorative crown in 1935 was well over ten times that of a 25p crown in 1990. It was also a glaring mismatch in terms of a weight to value ratio. Four 25p crowns totalling £1 weighed about the same as 12 of the £1 coins which entered circulation in 1983.
As a result, it was determined that all future crown sized coins would have a face value of £5. In fact, nowadays if you were to ask most people the value of any crown-sized coin, their response would be £5 as we have so readily become accustomed to this new denomination.
But for those in the know, there will always be four highly collectible exceptions to the rule.
Now you can own all four of the decimal 25p crowns with The United Kingdom Decimal Crown Collection.
These are:
- 1972 Silver Wedding
- 1977 Silver Jubilee
- 1980 Queen Mother’s Birthday
- 1981 Charles and Diana’s Wedding
Complete in Change Checker Protective Cards click here to reserve.