When is a Penny not a Penny?

Coins from British territories have a habit of making an unexpected appearance in our change.

Finding one in your change is an annoyance on one hand as the coins are not legal tender in the UK.  On the other hand, from a collecting point of view, new and interesting designs are always a bonus!

The Bailiwick of Jersey is the largest of the Channel Islands and is situated off the coast of Normandy, France. As a British Crown dependency, Pound Sterling is the official currency of the island. However, Jersey started issuing the Jersey Pound in 1841 not as a separate currency, but as an issue of banknotes and coins by the State of Jersey.

Jersey has a population of just over 100,000 and as with all  coins from the British Isles, mintage figures are always expected to be quite low.

When is a Penny not a Penny?

When it’s 1/12 of a Shilling. After the Norman Conquest in 1066, the pound was divided into twenty shillings or 240 pennies. So before decimalisation in 1971,  1/12 of a Shilling would have amounted to 1 Penny.

The Penny by another name…

During Queen Elizabeth ΙΙ’s reign, Jersey issued three commemorative 1/12th shilling coins – this penny marks the 900th anniversary of the Norman Conquest and is the last bronze 1/12th of a shilling issued during the Old Elizabeth ΙΙ coinage, 1954-1966.

ST-Battle-of-Hastings-900th-Jersey-1966-Shilling-Web-ImagesBefore decimalisation, Jersey, as a British Crown Dependency, was required to use the crowned effigy of the Queen on the obverse of its coins. This coin features Cecil Thomas’ famous crowned portrait of Her Majesty the Queen with the simple legend ‘QUEEN ELIZABETH THE SECOND’.

The reverse, designed by Georgie Edward Kruger Gray, features the Jersey Coat of Arms containing three lions and the dates ‘1066’ and ‘1966’ divided either side of the shield. The Jersey Coat of Arms derives from the seal granted to the island by King Edward Ι in 1279.

As the last 1/12th of a shilling coin issued during the Old Elizabeth ΙΙ coinage this 1/12th shilling has become a coveted collector’s item.


ST-Battle-of-Hastings-900th-Jersey-1966-Shilling-Web-ImagesAdd some depth to your coin collection

Click here to own a Jersey 1/12th of a Shilling Coin

 

The Diamond Jubilee coin that never was

It has been revealed that a special six-sided coin was very nearly released to commemorate one of the most significant celebrations in British history – the Queen’s Diamond Jubilee.

The coin was on the verge of being created and almost sent off for Royal approval when the proposal was rejected by senior staff at the Royal Mint.

Along with the selection of different £5 coins that were issued by the Royal Mint to mark the momentous occasion in 2012, this six-sided coin with a denomination of 60p could have also been part of the collection.

Although the Royal Mint has refused to release an image of the proposed coin, it has been revealed it would have been a bi-colour coin and issued as a commemorative collectable rather than for general circulation.

Unfortunately the idea for the coin was abandoned as papers from the Royal Mint Advisory Committee has revealed the commemorative coin programme was already ‘sufficiently comprehensive’.

It has been assumed the Royal Mint believed the coin would be of great public interest to mark an event of huge national importance and in a letter to Mr Osbourne in 2011, suggested the occasion should be marked with more than one type of commemorative coin.

So what do you think? Would you have liked to see a 6 sided 60p coin issued in celebration for the Queen’s Diamond Jubilee or were you happy with the coins released?

Let us know your thoughts via Facebook, Twitter or comment below!

Revealed: The Queen’s New Portrait for our Coins

Today at the National Portrait Gallery, the Royal Mint unveiled the new definitive portrait of Queen Elizabeth II which will appear on our circulating coinage this year. It is only the fifth portrait to appear on our coins in the Queen’s 62-year reign, and as far as collectors are concerned, events don’t come much bigger than this.

The Queen’s new coin portrait was revealed this morning

The portrait, showing a side profile of the Queen wearing a crown and drop earrings, was created by designer Jody Clark and is the winning entry of a closed competition launched by the Royal Mint late last year. Aged 33 when his design was selected, he is the youngest of the five designers to have created a portrait for Queen Elizabeth II.

Clark’s new effigy marks a brand new chapter in the history of our circulating coinage, and as any collector will tell you, first issues hold a significance and a lasting degree of collectability for years into the future.

We will see the new coins in our change over the coming weeks and months as they begin filtering through the cash centres and banks to begin with. You can be sure that many of these will be going straight into collections as Change Checkers seek to grab them in their freshly struck condition.

What do you think of the new portrait?


Pack-slightly openCreate a historic collection using your pocket change

Now you can collect all eight definitive coins featuring the Queen’s new effigy as soon as you spot them in your change.

Click here to order your New Portrait Collecting Pack