Posts Tagged ‘Royal Mint’
The Thrup’nny Bit: A 12-sided Story
The 12-sided £1 coin entered circulation as the ‘world-leading coin’ in anti-counterfeiting technology, and it is being billed by the Royal Mint as ‘the most secure denomination in the world’. But the shape of this modern £1 coin is actually a throwback to the thrup’nny bit – an old favourite from the pre-decimal era.
The 12-sided threepenny is fondly remembered for its individuality. There was quite literally nothing quite like it before, and it holds the proud title of Britain’s first non-circular coin since milled coins were introduced in the 17th century.
The Thrup’nny bit was Britain’s first non-circular coin
Its predecessor, the ‘Joey’, was a very small silver threepence which was often lost or dropped. It was unpopular with the British public, who were crying out for a coin with a more convenient weight-to-value ratio.
In 1937 they finally got it.
The new design was actually planned for the coinage of Edward VIII, but his short-lived reign meant that only a dozen trial pieces were produced with his effigy. These particular threepence pieces have since been written into folklore as among the most sought-after coins in history.
The unconventional shape and thickness of the new brass threepence made it easy to identify amongst other coins in loose change, and it quickly proved to be a very popular new addition.
Striking the coin was the only problem early on. The Royal Mint were finding that the collar placed around each coin was prone to weaknesses because of the 12 sharp corners. In order to make the collars last longer, they were modified to have more rounded corners from 1941 onwards.
A hidden message
There is also more of a story behind the original reverse design than meets the eye. The design features a Thrift Plant. An odd choice you may think, but it was actually used as a clever pun at a time when saving money, or being ‘thrifty’, was heavily encouraged by the government.
Having met with the approval of the public, the coin was readily adopted into the coinage of Queen Elizabeth II, and as the British economy began its recovery after the war, the thrift plant was replaced with a portcullis.
The thrup’nny bit was eventually withdrawn in 1971 after the introduction of decimal coinage which didn’t include Three Pence as a denomination. However, its legacy lives on, and it is still widely regarded as one of the most original and iconic coins in British history.
The Story of the new £1 Collector’s Pack
Click here to secure the ‘Story of the £1 Collector Pack’ which has space for you to house the new 12-sided £1 coin once you find it in your change, alongside the UK 1967 Brass 12-Sided Threepence Coin.
Did you know this £2 coin celebrates VE Day?
‘The greatest outburst of joy in the history of mankind’ was how Winston Churchill described it. After six long years, the War in Europe was finally over, and all hostilities were to cease after midnight on 8th May 1945, VE Day. Jubilant crowds sang and danced in the streets in celebration of the news.
The VE Day 60th Anniversary £2 features St Paul’s Cathedral
It’s a day that will always be celebrated in Britain, and there’s already a coin in our change to commemorate VE Day, but it often goes overlooked.
The chances are you’ve seen this £2 coin in your change before. In fact, it is the most common commemorative £2 coin design with a mintage of over 10 million. It was issued in 2005 to commemorate the 60th anniversary of VE Day, but it is often mistaken as a tribute to St Paul’s Cathedral which features so prominently on the reverse.
But there is a story behind this striking choice of design.
The war brought sheer devastation to British cities, but while London burned during the Blitz bombings, St Paul’s Cathedral miraculously escaped destruction. As banks and offices were destroyed around it, the famous domed roof seemed, as described by the Times, ‘to ride the sea of fire like a great ship’.
The image of St Paul’s Cathedral came to be a symbol of hope and inspiration to a nation torn apart by war.
“In Victory: Magnanimity. In Peace: Goodwill”
The edge inscription of this coin meanwhile reads IN VICTORY: MAGNANIMITY. IN PEACE: GOODWILL which is an excerpt taken from the famous ‘moral’ which prefaces Churchill’s history of the Second World War.
The combination of powerful words from Britain’s great wartime leader and the iconic symbol of St Paul’s Cathedral make this coin a very fitting tribute for VE Day, and a fine example of the artistry which British coins are famous for.
Do you have this coin in your Change Checker collection?
You can find this and many other commemorative £2 coins in the Change Checker Shop
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Always ‘Pemember’ the facts about rare £2 coins
Every keen collector knows that it is worthwhile paying close attention to the small details of your coins – it’s the only way you can ever hope to spot an error. However, it’s also important to know when you have a genuine rarity. There are a few stories which crop up more often than others, and hopefully this post will help dispel some of the myths about the £2 coins you can find in your change.
2005 ‘Pemember, Pemember’ Gunpowder Plot £2
The edge inscription of the Gunpowder Plot £2 appears to be spelt incorrectly
The 2005 Gunpowder Plot £2 commemorates the 400th anniversary of Guy Fawkes’ failed assassination attempt on King James I, but the coin is more familiar to collectors for having a spelling mistake in the edge inscription. The timeless quote “Remember, remember the fifth of November” has been found with various combinations of Pemember, Pemembep, Novemebep and so on. The common factor here is the ‘R’ which appears as a ‘P’.
Sadly for collectors this is apparently not a striking error. The explanation from the Royal Mint is that the down-stroke of the R coincides with the milling around the edge, and as the coin has worn over time, the letter has become less defined. This categorical statement from the Mint means that any mark-up in price for a supposed ‘error’ is completely unjustified, and although it makes the coin more interesting, it is not the mistake which it is often perceived to be.
2007 Abolition of Slavery £2
There is a misconception that there were two types of the Abolition of Slavery £2 coin struck for circulation. It is true that two versions of the coins exist – one has a textured finish whereas the other has a smooth finish and features the artist, David Gentleman’s initials (circled). The key difference is that only the textured version was struck for circulation, and if you find one of the smoother types in your change, you have actually found a coin which has been taken out of a presentation pack. This makes it considerably rarer than the circulating version, so it is worth keeping rather than spending!
1997 Maklouf ‘Queen with a Necklace’ £2
The Maklouf ‘Necklace’ £2 was only issued in 1997
The ‘Queen with a Necklace’ £2 has an enduring legacy in the collecting world. The very first bi-metallic £2 coins were issued in 1997, just prior to the Queen’s portrait change in 1998. This meant that the older portrait by Raphael Maklouf was only used for one year: 1997. His version featured Queen Elizabeth II wearing a necklace, which is how the nickname was derived.
When the portrait change was announced, the new £2 coins were snapped up by collectors believing them to be a future rarity. As it turned out, a mintage of nearly 14 million means the ‘Queen with a Necklace’ £2 is not one of the rarest coins in circulation. Nevertheless, with only one year of issue, it still holds an undeniable interest for collectors.
It’s the little details like these that make collecting so interesting – and hopefully we’ve shed a bit more light on some of the most popular myths. Do you have any of these coins in your collection?
Own the UK 2007 Royal Mint Brilliant Uncirculated Pack
This Brilliant Uncirculated collection features nine coins which were released in 2007, including the Abolition of Slavery £2 coin.
Each coin in the pack is struck to the Royal Mint’s Brilliant Uncirculated quality, ensuring they are in superior condition compared to the coins you find in your change
Click here to buy yours today.