£1 Coins
Designing the new £1 – my top 5…
To coincide with the introduction of a brand new style of £1 coin, the Treasury have opened a national public contest to find the very first design. So I thought I’d pick out 5 of my favourite designs which have graced the reverse of our pound coins over the last 30 years.
1) Floral Emblems
In 1984 the first themed £1 coins were introduced with a series of floral emblems. I’ve singled out the Welsh Leek because it features an edge inscription written in the Welsh language – a rare break from the traditional Latin. PLEIDIOL WYF I’M GWLAD is inscribed around the edge of each coin, which translated means ‘True am I to my country”. The design was struck in two years; 1985 and 1990.
2) Heraldic Emblems
The heraldic emblems series followed in 1995 with some familiar national symbols. The interesting one for me is the Northern Irish design which features a Broighter Collar. The Broighter collar was discovered in 1896 amongst a hoard of gold Iron Age artefacts in Northern Ireland, and is said to be the finest example of Irish La Tène goldworking in Europe. It’s a subtle and commonly overlooked feature of this reverse design.
3) Bridges
A change of tack from the Royal Mint in 2004 with iconic bridges from each country being chosen as the subject matter. The bold architectural shape of the Gateshead Millennium Bridge makes for an impressive reverse design and I think it’s the pick of the bunch. Interestingly the bridge itself is the world’s first tilting bridge and won a number of awards for its design and lighting. Each of the bridge coins were only struck in one year, this one is dated 2007.
4) Capital Cities
The four capital cities of the United Kingdom was the next theme introduced in 2010 with the Coat of Arms for Belfast, London, Cardiff and Edinburgh featuring as the principal focus of each design. The Edinburgh design is of the most interest to collectors, because it is currently the rarest £1 design in circulation. Less than 1 million were struck, and it is often the only one which eludes even the keenest of Change Checkers.
5) The Royal Arms
Of course, in addition to all these commemorative themes are the definitive designs which have followed the same trend since the inaugural pound coin of 1983. Each one features the Royal Arms Shield of the United Kingdom, combining all four of the constituent countries. Look out for this one on the left with the crowned shield. Unlike the others, it was only struck in one year – 1988 – so is a bit more trick to find. Chances are it will also be a bit worse for wear after 26 years in circulation!
So when the new £1 does enter circulation in 2017, what will it look like? We already know that it will look radically different from the existing coin, but will its design follow a similar trend to those of the past? The extreme change in the coin’s shape may give rise to a similarly extreme rethink in its design, but one thing is for certain – it will forever be a truly significant moment in British numismatic history.
Own the rare Edinburgh £1 coin in silver
Our friends at the Westminster Collection have a small number of the rare Edinburgh design available in silver.
3d to a £1 – the rebirth of Britain’s most popular coin design
This month our current £1 coin will be scrapped in favour of a newer design, which will be far more difficult to counterfeit.
The new design
Back in 2014, George Osborne tweeted an image of himself holding one of these new and improved £1 coins.
But it wasn’t the supposed high-tech security features and new bi-metallic design that caught my eye, it was the 12-sided shape, which has so clearly been reprised from the famous quarter shilling or thrupenny bit.
Mind you, the pronunciation of “thruppeny” depended very much on which part of the country you were from. It varied from “throop-ence” to “thrupp-ence,” or as the Queen probably said, “threpp-ence.” Likewise in conversation, people referred to it as a “throop-nee”, “thrupp-nee” or “threpp-nee” bit.
“Suitably British,” is how Royal Mint’s Director of Circulation describes the new £1 coin, and no wonder with a pedigree like that.
Divided Opinion
Initial reaction to the new £1 has been mixed, but history has shown that a bit of early scepticism is inevitable.
When the thrupenny was first introduced in a 12-sided design in 1937, its radical shape courted a lot of hostility, particularly from men who feared the numerous edges would wear down their trouser pocket linings.
This nickel-brass version was an upgrade of the old silver threepence or “Joey” which was very small and easily lost.
This was the coin traditionally used in Christmas puddings. The silver threepence continued to be minted for a while, perhaps because the Mint was unsure whether the new coin would be accepted.
Rise in popularity
During Edward VIII’s brief era 12 coins in the new design were struck for experimental purposes and sent to a slot machine manufacturing company for testing. The whereabouts of six of those 12 are known. However, the other six are still out there somewhere and their rarity commands very high prices. An example was sold at auction in 2013 for £30,000. The mystery surrounding them remains a well-told coin collector’s story.
The 12-sided coin design grew on the British public. It found popularity during the Second World War when its distinctive size and shape made it the easiest coin to recognise during blackouts. In 1943, 103,000 were minted. When Queen Elizabeth II came to the throne, the threepenny was the very first coin to bear her portrait, and by the time of decimalisation, 1.2 billion had been issued for circulation.
Critics argue that the £1 design is merely the Chancellor’s attempt to appeal to the patriotism and nostalgia of a key section of the electorate. Regardless of his intentions, this new-look retro £1 could yet find its way into the hearts of the British public.
Royal Mint announce new coins for 2014…
The new UK coins for 2014 have been revealed, and are set to enter circulation this year. Here we take a closer look at the themes behind them, and why 2014 is another significant year for the coinage of the United Kingdom.
£2 – The First World War
2014 will of course be the 100th anniversary of the start of the First World War, and the Royal Mint has committed to a five-year commemoration of the emotive wartime journey from outbreak to armistice. It starts with a £2 coin bearing sculptor John Bergdahl’s depiction of Lord Kitchener’s unmistakable call to arms. The image of the British Secretary of War and his finger pointing at the reader still evokes an enormous sense of British identity and pride, and the coin also features the immortal words YOUR COUNTRY NEEDS YOU.
£2 – Trinity House
Since being granted a Royal Charter in 1514 by Henry VIII, Trinity House has safeguarded the coastal waters of Britain for over 500 years. Maritime safety became crucial in the 16th Century as Britain began flexing its naval strength overseas. And today, with 95% of the UK’s imports still arriving by sea, the Trinity House pilot ships and lighthouses are still as important today as ever. The reverse design of this new £2 coin features a striking depiction of a lighthouse lens – an enduring symbol of the the safety which Trinity House still provides at sea.
50p – Commonwealth Games
In 1986 the Commonwealth Games were held in Edinburgh, and the £2 of that year became the first coin in British history to commemorate a sporting event. Now, as Scotland gears up for the Games again in 2014, a new 50p to mark the occasion has been announced. The 20th Commonwealth Games will see thousands of athletes competing in 17 sports across 11 days in Glasgow. In this new reverse design, two of the most iconic sports – athletics and cycling – have been combined with a section of the St Andrews cross.
2013 saw the start of a £1 coin series celebrating the floral emblems of the British Isles designed by Timothy Noad. Completing the series in 2014 is the flax plant and shamrock to represent Northern Ireland, whilst the thistle and bluebell are portrayed on the Scottish version.
You can now collect all five designs straight from your change with the FREE Change Checker 2014 Coin Collecting Pack.