The standard circulatingcoinageof theUnited Kingdom,British Crown DependenciesandBritish Overseas Territoriesis denominated in pennies andpoundssterling(symbol "£",commercial GBP), and ranges in value fromone penny sterlingto two pounds. Sincedecimalisation,on 15 February 1971, the pound has been divided into 100 pence (minted on coins as new until 1981). Before decimalisation, twelvepencemade ashilling,and twenty shillings made a pound.
![](https://upload.wikimedia.org/wikipedia/en/thumb/d/d1/British_money_coins.jpg/200px-British_money_coins.jpg)
British coins are minted by theRoyal MintinLlantrisant,Wales. The Royal Mint also commissions the coins' designs however they also have to be accepted by the reigning monarch.
In addition to the circulating coinage, the UK also mints commemorative decimal coins (crowns) in the denomination of five pounds, ceremonialMaundy moneyin the denomination of 1, 2, 3 and 4 pence in sterling (.925) silver and bullion coinage ofgold sovereigns,half sovereigns,and gold and silverBritannia coinsare also produced. Some territories outside the United Kingdom, which use the pound sterling, produce their own coinage, with the same denominations and specifications as the UK coinage but with local designs that are not legal tender in the mainland United Kingdom.
Currently circulating coinage
editThe current decimal coins consist of:
- one penny and two pence incopper-platedsteel
- five pence and ten pence in nickel-plated steel
- equilateral curveheptagonaltwenty pence and fifty pence incupronickel
- bimetallic one pound and two pounds.
All circulating coins have aneffigyof one of two monarchs on the obverse; various national, regional and commemorative designs on the reverse; and the denomination in numbers or words.
- Elizabeth II
- The obverse carries an abbreviatedLatininscription whose full form,ELIZABETH II DEI GRATIA REGINA FIDEI DEFENSATRIX,translates to "Elizabeth II,by the grace of God, Queen andDefender of the Faith".The denomination is usually on the reverse.
- Charles III
- The obverse carries an abbreviated, anglicisedLatininscription whose full form,CHARLES III DEI GRATIA REX FIDEI DEFENSOR,translates to "Charles III,by the grace of God, King andDefender of the Faith".The denomination may be on either side.[1]
Denomination | Obverse | Reverse | Diameter | Thickness | Mass | Composition | Edge | Introduced |
---|---|---|---|---|---|---|---|---|
One penny | King Charles III | Crowned portculliswith chains (1971–2008) Segment of theRoyal Arms(2008–present) |
20.3 mm | 1.52 mm | 3.56 g | Bronze(97% copper, 2.5% zinc, 0.5% tin) | Smooth | 1971 |
1.65 mm | Copper-plated steel | 1992 | ||||||
Two pence | Plume of ostrich feathers within a coronet (1971–2008) Segment of the Royal Arms (2008–present) |
25.9 mm | 1.85 mm | 7.12 g | Bronze | 1971 | ||
2.03 mm | Copper-plated steel | 1992 | ||||||
Five pence[a] | King Charles III | Crowned thistle (1968–2008) Segment of the Royal Arms (2008–present) |
18 mm | 1.7 mm | 3.25 g | Cupronickel(3:1) | Milled | 1990 |
1.89 mm | Nickel-plated steel | 2012 | ||||||
Ten pence[a] | Crowned lion (1968–2008) Segment of the Royal Arms (2008–present) |
24.5 mm | 1.85 mm | 6.5 g | Cupronickel (3:1) | 1992 | ||
2.05 mm | Nickel-plated steel | 2012 | ||||||
Twenty pence | Crowned Tudor Rose | 21.4 mm | 1.7 mm | 5 g | Cupronickel (5:1) | Smooth,Reuleaux heptagon | 1982 | |
Segment of the Royal Arms | 2008 | |||||||
Fifty pence[a] | Britannia and lion | 27.3 mm | 1.78 mm | 8 g | Cupronickel (3:1) | Smooth, Reuleaux heptagon | 1997 | |
Various commemorative designs | 1998 | |||||||
Segment of the Royal Arms | 2008 | |||||||
King Charles III | 1953 Queen's coronation commemoration | December 2022[2] | ||||||
One pound | King Charles III | Rose, leek, thistle, and shamrock encircled by a coronet | 23.03–23.43 mm | 2.8 mm | 8.75 g | Inner: Nickel-plated alloy Outer: Nickel-brass |
Alternately milled and plain (12-sided) | 28 March 2017[3] |
Two pounds[b] | Abstract concentric design representing technological development | 28.4 mm | 2.5 mm | 12 g | Inner: Cupronickel Outer: Nickel-brass |
Milled with variable inscription and/or decoration | 1997 (issued 1998) | |
Various commemorative designs | 1999 | |||||||
Britannia | 2015 |
- ^abcThe specifications and dates of introduction of the 5p, 10p, and 50p coins refer to the current versions. These coins were originally issued in larger sizes in 1968 and 1969 respectively.
- ^This coin was originally issued in a smaller size in a single metal in 1986 for special issues only. It was redesigned as a bi-metallic issue for general circulation in 1997.
Production and distribution
editAll genuine UK coins are produced by theRoyal Mint.The same coinage is used across the United Kingdom: unlike banknotes, local issues of coins are not produced for different parts of the UK. The pound coin until 2016 was produced in regional designs, but these circulate equally in all parts of the UK (seeUK designs,below).
Every year, newly minted coins are checked for size, weight, and composition at aTrial of the Pyx.Essentially the same procedure has been used since the 13th century. Assaying is now done by theWorshipful Company of Goldsmithson behalf ofHM Treasury.
The 1p and 2p coins from 1971 are the oldest standard-issue coins still in circulation. Pre-decimal crowns are the oldest coins in general that are still legal tender, although they are in practice never encountered in general circulation.[4]
Coins from the British dependencies and territories that use sterling as their currency are sometimes found in change in other jurisdictions. Strictly, they are not legal tender in the United Kingdom; however, since they have the same specifications as UK coins, they are sometimes tolerated in commerce, and can readily be used in vending machines.
UK-issued coins are, on the other hand, generally fully accepted and freely mixed in other British dependencies and territories that use the pound.
An extensive coinage redesign was commissioned by the Royal Mint in 2005, and new designs were gradually introduced into the circulating British coinage from summer 2008. Except for the £1 coin, the pre-2008 coins remain legal tender and are expected to stay in circulation for the foreseeable future.
The estimated volume in circulation as at March 2016 is:[5]
Denomination | Number of pieces (millions) |
Face value (£m) |
---|---|---|
Two pounds | 479 | 957.036 |
One pound | 1,671 | 1,671.328 |
Fifty pence | 1,053 | 526.153 |
Twenty-five pence | 81 | 20 |
Twenty pence | 3,004 | 600.828 |
Ten pence | 1,713 | 171.312 |
Five pence | 4,075 | 203.764 |
Two pence | 6,714 | 134.273 |
One penny | 11,430 | 114.299 |
Total | 30,139 | 4,643.658 |
History of pre-decimal coinage
editBecause of trade links with Charlemagne's Frankish Empire, the Anglo-Saxon kingdoms copied the Frankish currency system of 12deniers( "d", pennies) to thesou(shilling) and 240 deniers or 20 sous to thelibra( "£", pound), the origin of the name of the current British currency. It referred to the literal weight of 240 penny coins, which at 30 grains each, weighed 1tower poundof sterling (0.925 fine) silver. At this point and for centuries, pennies were the only coins struck; shillings and pounds were only units of account.[6]
The penny before 1500
editThe English silver penny first appeared in the 8th century CE in adoption of Western Europe'sCarolingianmonetary system wherein 12 pence made a shilling and 20 shillings made a pound. The weight of the English penny was fixed at22+1⁄2troy grains (about 1.46 grams) byOffa of Mercia,an 8th-century contemporary ofCharlemagne;240 pennies weighed 5,400 grains or atower pound(different from thetroy poundof 5,760 grains). The silver penny was the only coin minted for 500 years, from c. 780 to 1280.
From the time ofCharlemagneuntil the 12th century, the silver currency of England was made from the highest purity silver available. But there were disadvantages to minting currency offine silver,notably the level of wear it suffered, and the ease with which coins could be "clipped",or trimmed. In 1158 a new standard for English coinage was established byHenry IIwith the "Tealby Penny"– thesterling silverstandard of 92.5% silver and 7.5% copper. This was a harder-wearing alloy, yet it was still a rather high grade of silver. It went some way towards discouraging the practice of "clipping", though this practice was further discouraged and largely eliminated with the introduction of the milled edge seen on coins today.
The weight of a silver penny stayed constant at above 22 grains until 1344; afterwards its weight was reduced to 18 grains in 1351, to 15 grains in 1412, to 12 grains in 1464, and to 101⁄2grains in 1527.
The history of theRoyal Mintstretches back to AD 886.[7]For many centuries production was in London, initially at theTower of London,and then at premises nearby inTower Hillin what is today known asRoyal Mint Court.In the 1970s production was transferred toLlantrisantin South Wales.[8]Historically Scotland and England had separate coinage; the lastScottish coinswere struck in 1709 shortly afterunion with England.[9]
The penny after 1500
editDuring the reign of Henry VIII, the silver content was gradually debased, reaching a low of one-third silver. However, in Edward VI's reign in 1551, this debased coinage was discontinued in favor of a return to sterling silver with the penny weighing 8 grains. The first crowns and half-crowns were produced that year. From this point onwards till 1920, sterling was the rule.
Coins were originallyhand-hammered– an ancient technique in which two dies are struck together with a blank coin between them. This was the traditional method of manufacturing coins in the Western world from the classical Greek era onwards, in contrast with Asia, where coins were traditionally cast. Milled (that is, machine-made) coins were produced first during the reign ofElizabeth I(1558–1603) and periodically during the subsequent reigns ofJames IandCharles I,but there was initially opposition to mechanisation from the moneyers, who ensured that most coins continued to be produced by hammering. All British coins produced since 1662 have been milled.
By 1601 it was decreed that onetroy ounceor 480 grains of sterling silver be minted into 62 pennies (i.e. each penny weighed 7.742 grains). By 1696, the currency had been seriously weakened by an increase in clipping during theNine Years' War[10]to the extent that it was decided to recall and replace all hammered silver coinage in circulation.[11]The exercise came close to disaster due to fraud and mismanagement,[12]but was saved by the personal intervention ofIsaac Newtonafter his appointment asWarden of the Mint,a post which was intended to be asinecure,but which he took seriously.[11]Newton was subsequently given the post ofMaster of the Mintin 1699. Following the 1707unionbetween theKingdom of Englandand theKingdom of Scotland,Newton used his previous experience to direct the1707–1710 Scottish recoinage,resulting in acommon currencyfor the newKingdom of Great Britain.After 15 September 1709 no further silver coins were ever struck in Scotland.[13]
As a result of a report written by Newton on 21 September 1717 to theLords Commissioners of His Majesty's Treasury[14]the bimetallic relationship between gold coins and silver coins was changed byroyal proclamationon 22 December 1717, forbidding the exchange of gold guineas for more than 21 silver shillings.[15]Due to differing valuations in other European countries this unintentionally resulted in a silver shortage, as silver coins were used to pay for imports, while exports were paid for in gold, effectively moving Britain from thesilver standardto its firstgold standard,rather than thebimetallic standardimplied by the proclamation.
The coinage reform of 1816 set up a weight/value ratio and physical sizes for silver coins. Each troy ounce of sterling silver was henceforth minted into 66 pence or 51⁄2shillings.
In 1920, the silver content of all British coins was reduced from 92.5% to 50%, with some of the remainder consisting ofmanganese,which caused the coins to tarnish to a very dark colour after they had been in circulation for long. Silver was eliminated altogether in 1947, except forMaundy coinage,which returned to the pre-1920 92.5% silver composition.
The 1816 weight/value ratio and size system survived the debasement of silver in 1920, and the adoption of token coins ofcupronickelin 1947. It even persisted after decimalisation for those coins which had equivalents and continued to be minted with their values in new pence. The UK finally abandoned it in 1992 when smaller, more convenient, "silver" coins were introduced.
History of decimal coinage
editDecimalisation
editSincedecimalisationon 15 February 1971 the pound (symbol "£") has been divided into 100 pence. (Prior to decimalisation the pound was divided into 20 shillings, each of 12 [old] pence; thus, there were 240 [old] pence to the pound.) The pound remained as Britain's currency unit after decimalisation (unlike in many other British commonwealth countries, which dropped the pound upon decimalisation by introducing dollars or new units worth 10 shillings or1⁄2pound). The following coins were introduced with these reverse designs:
- Half penny,1971–1984: A crown, symbolising the monarch.
- One penny,1971–2007: Acrowned portculliswith chains (the badge of theHouses of Parliament).
- Two pence,1971–2007: ThePrince of Wales's feathers:a plume ofostrichfeatherswithin acoronet.
- Five pence,1968–2007: The Badge of Scotland, athistleroyally crowned.
- Ten pence,1968–2007: The lion of England royally crowned.
- Fifty pence,1969–2007:Britanniaand lion.
The first decimal coins – thefive pence(5p) andten pence(10p) — were introduced in 1968 in the run-up to decimalisation in order to familiarise the public with the new system. These initially circulated alongside the pre-decimal coinage and had the same size and value as the existingone shillingandtwo shillingcoins respectively. Thefifty pence(50p) coin followed in 1969, replacing the old ten shilling note. The remaining decimal coins – at the time, thehalf penny(1⁄2p),penny(1p) andtwo pence(2p) — were issued in 1971 at decimalisation. A quarter-penny coin, to be struck in aluminium, was proposed at the time decimalisation was being planned, but was never minted.
The new coins were initially marked with the wordingNEW PENNY(singular) orNEW PENCE(plural). The word "new" was dropped in 1982. The symbol "p" was adopted to distinguish the new pennies from the old, which used the symbol "d" (from theLatindenarius,a coin used in theRoman Empire).
Updates 1982–1998
editIn the years since decimalisation, a number of changes have been made to the coinage; these new denominations were introduced with the following designs:
- Twenty pence,1982–2007: A crownedTudor Rose,a traditional heraldic emblem of England (withincusedesign and lettering).
- One pound (round), 1983–2016: various designs; seeOne pound (British coin).
- Two pounds,1997–2014: An abstract design of concentric circles, representing technological development from theIron Ageto the modern-day electronic age.
Additionally:
- The halfpenny was discontinued in 1984.
- The composition of the 1p and 2p was changed in 1992 from bronze to copper-plated steel without changing the design.
- The sizes of the 5p, 10p and 50p coins were reduced in 1990, 1992 and 1997, respectively, also without changing the design.
Thetwenty pence(20p) coin was introduced in 1982 to fill the gap between the 10p and 50p coins. Thepound coin(£1) was introduced in 1983 to replace theBank of England £1 banknotewhich was discontinued in 1984 (although the Scottish banks continued producing them for some time afterwards; the last of them, theRoyal Bank of Scotland £1 note,is still issued in a small volume as of 2021[ref]). The designs on the £1 coin changed annually in a largely five-year cycle, until the introduction of the new 12-sided £1 coin in 2017.
The decimal halfpenny coin wasdemonetisedin 1984 as its value was by then too small to be useful. The pre-decimalsixpence,shillingandtwo shillingcoins, which had continued to circulate alongside the decimal coinage with values of2+1⁄2p, 5p and 10p respectively, were finally withdrawn in 1980, 1990 and 1993 respectively. Thedouble florinandcrown,with values of 20p and 25p respectively, have technically not been withdrawn, but in practice are never seen in general circulation.
In the 1990s, the Royal Mint reduced the sizes of the 5p, 10p, and 50p coins. As a consequence, the oldest 5p coins in circulation date from 1990, the oldest 10p coins from 1992 and the oldest 50p coins come from 1997. Since 1997, many specialcommemorativedesigns of 50p have been issued. Some of these are found fairly frequently in circulation and some are rare. They are all legal tender.
In 1992 the composition of the 1p and 2p coins was changed from bronze to copper-plated steel. Due to their high copper content (97%), the intrinsic value of pre-1992 1p and 2p coins increased with the surge in metal prices of the mid-2000s, until by 2006 the coins would, if melted down, have been worth about 50% more than their face value.[16]
A circulatingbimetallictwo pound(£2) coin was introduced in 1998 (firstmintedin, and dated, 1997). There had previously been unimetallic commemorative £2 coins which did not normally circulate. This tendency to use the two pound coin for commemorative issues has continued since the introduction of the bimetallic coin, and a few of the older unimetallic coins have since entered circulation.
There are also commemorative issues ofcrowns.Until 1981, these had a face value oftwenty-five pence(25p), equivalent to the five shilling crown used in pre-decimal Britain. However, in 1990 crowns were redenominated with a face value offive pounds(£5)[17]as the previous value was considered not sufficient for such a high-status coin. The size and weight of the coin remained exactly the same. Decimal crowns are generally not found in circulation as their market value is likely to be higher than their face value, but they remain legal tender.
Obverse designs
editAll modern British coins feature a profile of the current monarch's head on the obverse. Until 2022, there had been only one monarch since decimalisation,Queen Elizabeth II,and her head appeared on all decimal coins minted up to that date, facing to the right (see alsoMonarch's profile,below). Five different effigies were used, reflecting the Queen's changing appearance as she aged. They were created byMary Gillick(for coins minted until 1968),Arnold Machin(1968–1984),Raphael Maklouf(1985–1997),Ian Rank-Broadley(1998–2015), andJody Clark(from 2015).[18]In September 2022, the first portrait ofCharles IIIwas revealed, designed byMartin Jennings.[19]
Most current coins carry aLatininscription whose full form isELIZABETH II DEI GRATIA REGINA FIDEI DEFENSATRIX,meaning "Elizabeth II,by the grace of God,Queen andDefender of the Faith".The inscription appears in any of several abbreviated forms, typicallyELIZABETH II D G REG F D.Those minted and circulated after the accession of Charles III are inscribed withCHARLES III DEI GRATIA REX FIDEI DEFENSOR.
2008 redesign
editIn 2008, UK coins underwent an extensive redesign which eventually changed the reverse designs of all coins, the first wholesale change to British coinage since the first decimal coins were introduced in April 1968.[20]The major design feature was the introduction of a reverse design shared across six coins (1p, 2p, 5p, 10p, 20p, 50p), that can be pieced together to form an image of theRoyal Shield.This was the first time a coin design had been featured across multiple coins in this way.[20]To summarize the reverse design changes made in 2008 and afterwards:
- The 1p coin depicts the lower part of the first quarter and the upper part of the third quarter of the shield, showing the lions passant of England and the harp of Ireland respectively
- The 2p coin depicts most of the second quarter of the shield, showing the lion rampant of Scotland
- The 5p coin depicts the centre of the shield, showing the meeting and parts of the constituent parts of the shield
- The 10p coin depicts most of the first quarter of the shield, containing the three lions passant of England
- The 20p coin depicts the lower part of the second quarter and upper part of the fourth quarter, showing the lion rampant of Scotland and the lions passant of England respectively
- The 50p coin depicts the point of the shield and the bottom portions of the second and third quarters showing the harp of Ireland and lions passant of England respectively
- The round, nickel-brass £1 coin from 2008 to 2016 depicted the whole of the Royal Shield. From 2017 it was changed to a bimetallic 12-sided coin depicting a rose,leek,thistleandshamrockbound by a crown.
- The £2 coin from 2015 depictsBritannia.
The original intention was to exclude both the £1 and £2 coins from the redesign because they were "relatively new additions" to the coinage, but it was later decided to include a £1 coin with a complete Royal Shield design from 2008 to 2016,[21] and the 2015 redesign of the £2 coin occurred due to complaints over the disappearance ofBritannia's image from the 50p coin in 2008.[22]
On all coins, the beading (ring of small dots) around the edge of the obverses has been removed. The obverse of the 20p coin has also been amended to incorporate the year, which had been on the reverse of the coin since its introduction in 1982 (giving rise to an unusual issue of amuleversionwithout any date at all). The orientation of both sides of the 50p coin has been rotated through 180 degrees, meaning the bottom of the coin is now a corner rather than a flat edge. The numerals showing the decimal value of each coin, previously present on all coins except the £1 and £2, have been removed, leaving the values spelled out in words only.
The redesign was the result of a competition launched by the Royal Mint in August 2005, which closed on 14 November 2005. The competition was open to the public and received over 4,000 entries.[20]The winning entry was unveiled on 2 April 2008, designed byMatthew Dent.[20]The Royal Mint stated the new designs were "reflecting a twenty-first century Britain". An advisor to the Royal Mint described the new coins as "post-modern"and said that this was something that could not have been done 50 years previously.[23]
The redesign was criticised by some for having no specifically Welsh symbol (such as theWelsh Dragon), because the Royal Shield does not include a specifically Welsh symbol.WrexhamMember of Parliament(MP)Ian Lucas,who was also campaigning to have the Welsh Dragon included on theUnion Flag,called the omission "disappointing", and stated that he would be writing to the Queen to request that the Royal Standard be changed to include Wales.[24]The Royal Mint stated that "the Shield of the Royal Arms is symbolic of the whole of the United Kingdom and as such, represents Wales, Scotland, England and Northern Ireland."[24]Designer Dent stated "I am a Welshman and proud of it, but I never thought about the fact we did not have a dragon or another representation of Wales on the design because as far as I am concerned Wales is represented on the Royal Arms. This was never an issue for me."[24]
The Royal Mint's choice of an inexperienced coin designer to produce the new coinage was criticised byVirginia Ironside,daughter ofChristopher Ironsidewho designed the previous UK coins. She stated that the new designs were "totally unworkable as actual coins", due to the loss of a numerical currency identifier, and the smaller typeface used.[25]
The German news magazineDer Spiegelclaimed that the redesign signalled the UK's intention "not to join the euroany time soon ".[26]
Changes after 2008
editAs of 2012, 5p and 10p coins have been issued in nickel-plated steel, and much of the remaining cupronickel types withdrawn, in order to retrieve more expensive metals. The new coins are 11% thicker to maintain the same weight.[27][28] There are heightened nickel allergy concerns over the new coins. Studies commissioned by the Royal Mint found no increased discharge of nickel from the coins when immersed in artificial sweat. However, an independent study found that the friction from handling results in four times as much nickel exposure as from the older-style coins. Sweden already plans to desist from using nickel in coins from 2015.[29]
In 2016, the £1 coin's composition was changed from a single-metal round shape to a 12-sided bi-metal design, with a slightly larger diameter, and with multiple past designs discontinued in favor of a single, unchanging design. Production of the new coins started in 2016,[30]with the first, dated 2016, entering circulation 28 March 2017.[31]
In February 2015, the Royal Mint announced a new design for the £2 coin featuringBritanniabyAntony Dufort,with no change to its bimetallic composition.[32]
Edge inscriptionson British coins used to be commonly encountered on round £1 coins of 1983–2016, but are nowadays found only on £2 coins. The standard-issue£2 coinfrom 1997 to 2015 carried the edge inscriptionSTANDING ON THE SHOULDERS OF GIANTS.The redesigned coin since 2015 has a new edge inscriptionQUATUOR MARIA VINDICO,Latin for "I will claim the four seas", an inscription previously found on coins bearing the image of Britannia.Other commemorative £2 coinshave their own unique edge inscriptions or designs.
2023 redesign
editIn October 2023 the Royal Mint announced new designs for the circulating coinage, which were to be released by the end of the year.[33][34]The new designs feature a portrait ofKing Charles IIIfacing left on the obverse, with a small Tudor Crown privy mark behind the Kings’ neck. The reverses are divided vertically, the leftmost third comprising a background of three interlocking “C” s, reminiscent of the interlocking C’s on the coins of King Charles II, and a large number indicating the value, countering criticism of the 2008 redesign’s lack of numeric values. The rightmost two-thirds of each design features an animal or plant representing each of the four nations:
- 1p depicts thehazel dormouse.
- 2p depicts thered squirrel.
- 5p depictsEnglish oaktree leaves andacorns.
- 10p depicts awestern capercaillie.
- 20p depicts anAtlantic puffin.
- 50p depicts anAtlantic salmon.
- £1 depicts twobees.
- £2 depicts the four heraldic flowers of the United Kingdom:Tudor rose,thistle,daffodilandshamrock,with the edge inscriptionIN SERVITIO OMNIUM,Latin for “In the service of all”, taken from the King's inaugural address on 9 September 2022.
Obsolete denominations
editThe following decimal coins have been withdrawn from circulation and have ceased to be legal tender.
Denomination | Obverse | Reverse | Diameter | Thickness | Mass | Composition | Edge | Introduced | Withdrawn |
---|---|---|---|---|---|---|---|---|---|
Half Penny | Queen Elizabeth II | St Edward's Crown | 17.4 mm | 1 mm | 1.78 g | Bronze | Smooth | 1971 | 1984 |
Five pence* | Queen Elizabeth II | Crowned Thistle | 23.59 mm | 1.7 mm | 5.65 g | Cupronickel | Milled | 1968 | 1990 |
Ten pence* | Crowned Lion | 28.5 mm | 1.85 mm | 11.31 g | 1992 | ||||
Fifty pence* | SeatedBritanniaalongside a Lion | 30.0 mm | 2.5 mm | 13.5 g | Smooth, Reuleaux heptagon | 1969 | 1997 | ||
Various commemorative designs | 1973 | ||||||||
One Pound† | Queen Elizabeth II | Numerous different designs | 22.5 mm | 3.15 mm | 9.5 g | Nickel-brass | Milled with variable inscription and/or decoration | 1983 | 15 October 2017 |
Royal Shield | 2008 | ||||||||
Two pounds | No standard reverse design | 28.4 mm | ~3 mm | 15.98 g | Nickel-brass | 1986 | 1998 |
* The specifications and dates of 5p, 10p, and 50p coins refer to the larger sizes issued since 1968.
† The specification refers to the round coin issued from 1983 to 2016. Although obsolete, this coin is still redeemable at banks and the British railway systems.
Commemorative issues
editCirculating commemorative designs
editCirculatingfifty penceandtwo poundcoins have been issued with various commemorative reverse designs, typically to mark the anniversaries of historical events or the births of notable people.
Three commemorative designs were issued of the large version of the 50p: in 1973 (theEEC), 1992–3 (ECpresidency) and 1994 (D-Dayanniversary). Commemorative designs of the smaller 50p coin have been issued (alongside the Britannia standard issue) in 1998 (two designs), 2000, and from 2003 to 2007 yearly (two designs in 2006). For a complete list, seeFifty pence (British decimal coin).
Prior to 1997, the two pound coin was minted in commemorative issues only – in 1986, 1989, 1994, 1995 and 1996. Commemorative £2 coins have been regularly issued since 1999, alongside the standard-issue bi-metallic coins which were introduced in 1997. One or two designs have been minted each year, with the exception of none in 2000, and four regional 2002 issues marking the2002 Commonwealth Gamesin Manchester. As well as a distinct reverse design, these coins have an edge inscription relevant to the subject. The anniversary themes are continued until at least 2009, with two designs announced. For a complete list, seeTwo pounds (British decimal coin).
From 2018 to 2019 a series of 10p coins with 26 different designs was put in circulation "celebrating Great Britain with The Royal Mint's Quintessentially British A to Z series of coins".[35]
Non-circulating denominations
editCoins are sometimes issued as special collectible commemorative versions, sold at a value higher than their face value. They are usually legal tender, but worth only their face value to pay debts. For example, in 2023 a 50 pence piece was announced, the first coin depictingKing Charles III,and celebrating the fictional wizardHarry Potter.The standard version sells for £11 and a colour version for £20. Other versions range up to a gold coin of £200 face value, selling for £5,215.[36]
The following are special-issue commemorative coins, seldom encountered in normal circulation due to their precious metal content or collectible value, but are still considered legal tender.
- Twenty-five penceor crown (25p; £0.25), 1972–1981
- Five poundsor crown (£5), 1990–present[1]
- Twenty pounds(£20), 2013–present
- Fifty pounds(£50), 2015–2016
- One hundred pounds(£100), 2015–2016
Denomination | Obverse | Reverse | Diameter | Thickness | Mass | Composition | Edge | Introduced |
---|---|---|---|---|---|---|---|---|
25 pence | Queen Elizabeth II | No standard reverse design | 38.61 mm | 2.89 mm | 28.28 g | Cupronickel or silver | Milled, with variable inscription | 1972 |
5 pounds | 1990 | |||||||
20 pounds | 27.0 mm | Unknown | 15.71 g | Silver | Milled | 2013 | ||
50 pounds | Britannia | 34.0 mm | 31 g | 2015 | ||||
100 pounds | Elizabeth Tower 'Big Ben' | 40.0 mm | 62.86 g |
Legal tender status of commemorative coins
editThe prolific issuance since 2013 of silver commemorative £20, £50 and £100 coins at face value has led to attempts to spend or deposit these coins, prompting theRoyal Mintto clarify the legal tender status of these silver coins as well as the cupronickel £5 coin.[37][38][39]Legal tender has a very narrow legal meaning, related to paying into a court to satisfy a debt, and nobody is obliged to accept any particular form of payment (whether legal tender or not), including commemorative coins. Royal Mint guidelines advise that, although these coins were approved as legal tender, they are considered limited edition collectables not intended for general circulation.
Maundy money
editMaundy moneyis a ceremonial coinage traditionally given to the poor, and nowadays awarded annually to deserving senior citizens. There are Maundy coins in denominations of one, two, three and four pence. They bear dates from 1822 to the present and are minted in very small quantities. Though they are legal tender in the UK, they are rarely or never encountered in circulation. The pre-decimal Maundy pieces have the same legal tender status and value as post-decimal ones, and effectively increased in face value by 140% upon decimalisation. Theirnumismaticvalue is much greater.
Maundy coins still bear the original portrait of the Queen as used in the circulating coins of the first years of her reign.
Bullion coinage
editThe traditional bullion coin issued by Britain is thegold sovereign,formerly a circulating coin worth 20 shillings (or one pound) and with 0.23542 troy ounces (7.322 g) of fine gold, but now with a nominal value of one pound. The Royal Mint continues to produce sovereigns, as well asquarter sovereigns(introduced in 2009),half sovereigns,double sovereignsandquintuple sovereigns.
Between 1987 and 2012 a series of bullion coins, theBritannia,was issued, containing 1troy ounce(31.1 g),1⁄2ounce,1⁄4ounce and1⁄10ounce of fine gold at amillesimal finenessof 916 (22 carat) and with face values of £100, £50, £25, and £10.
Since 2013Britanniabullion contains 1 troy ounce of fine gold at amillesimal finenessof 999 (24 carat).
Between 1997 and 2012 silver bullion coins have also been produced under the name "Britannias". The alloy used wasBritannia silver(millesimal fineness 958). The silver coins were available in 1troy ounce(31.1 g),1⁄2ounce,1⁄4ounce and1⁄10ounce sizes. Since 2013 the alloy used is silver at a (millesimal fineness 999).
In 2016the Royal Mintlaunched a series of 10Queen's Beastsbullion coins,[40]one for each beast available in both gold and silver.
The Royal Mint also issues silver, gold and platinum proof sets of the circulating coins, as well as gift products such as gold coins set into jewellery.
Non-UK coinage
editOutside the United Kingdom, the BritishCrown DependenciesofJerseyandGuernseyuse the pound sterling as their currencies. However, they produce local issues of coinage in the same denominations and specifications, but with different designs. These circulate freely alongside UK coinage and English, Northern Irish, and Scottish banknotes within these territories, but must be converted in order to be used in the UK. The island ofAlderneyalso produces occasional commemorative coins.(Seecoins of the Jersey pound,coins of the Guernsey pound,andAlderney poundfor details.).TheIsle of Manis a unique case among the Crown Dependencies, issuing its own currency, theManx pound.[citation needed]While the Isle of Man recognises the Pound Sterling as a secondary currency,coins of the Manx poundare not legal tender in the UK.
The pound sterling is also the official currency of theBritish overseas territoriesofSouth Georgia and the South Sandwich Islands,[41]British Antarctic Territory[42]andTristan da Cunha.[43]South Georgia and the South Sandwich Islands produces occasional special collectors' sets of coins.[44]In 2008, British Antarctic Territory issued a £2 coin commemorating the centenary of Britain's claim to the region.[45]
The currencies of theBritish overseas territoriesofGibraltar,theFalkland IslandsandSaint Helena/Ascension— namely theGibraltar pound,Falkland Islands poundandSaint Helena pound— are pegged one-to-one to the pound sterling but are technically separate currencies. These territories issue their own coinage, again with the same denominations and specifications as the UK coinage but with local designs, ascoins of the Gibraltar pound,coins of the Falkland Islands poundandcoins of the Saint Helena pound.
The other British overseas territories do not use sterling as their official currency.
Pre-decimal coinage
editSystem
editBefore decimalisation in 1971, the pound was divided into 240 pence rather than 100, though it was rarely expressed in this way. Rather it was expressed in terms of pounds,shillingsandpence,where:
- £1 = 20 shillings (20s).
- 1 shilling = 12 pence (12d).
Thus: £1 = 240d. The penny was further subdivided at various times, though these divisions vanished as inflation made them irrelevant:
- 1 penny = 2 halfpennies and (earlier) 4 farthings (half farthing,a third of a farthing,andquarter farthingcoins were minted in the late 19th century, and into the early 20th century in the case of the third farthing, but circulated only in certain British colonies and not in the UK).
Using the example of five shillings and sixpence, the standard ways of writing shillings and pence were:
- 5s 6d
- 5/6
- 5/- for 5 shillings only, with the dash to stand for zero pennies.
The sum of 5/6 would be spoken as "five shillings and sixpence" or "five and six".
The abbreviation for the old penny, d, was derived from the Romandenarius,and the abbreviation for the shilling, s, from the Romansolidus.The shilling was also denoted by the slash symbol, also called asolidusfor this reason, which was originally an adaptation of thelong s.[46]The symbol "£",for the pound, is derived from the first letter of theLatinword for pound,libra.[47]
A similar pre-decimal system operated in France, also based on theRoman currency,consisting of thelivre(L),solorsou(s) anddenier(d). Until 1816 another similar system was used in theNetherlands,consisting of thegulden(G),stuiver(s;1⁄20G) andduit,(d;1⁄8s or1⁄160G).
Denominations
editIn the years just prior to decimalisation, the circulating British coins were:
Denomination | Obverse | Reverse | Diameter | Thickness | Mass | Composition | Edge | Introduced | Withdrawn |
---|---|---|---|---|---|---|---|---|---|
Farthing(1⁄4d) | Various Monarchs | Wren(Britannia on early mintages) | 20.19 mm | 2.83g | Bronze | Smooth | 1860 | 1961 | |
Half penny(1⁄2d) | Golden Hind(Britannia on early mintages) | 25.48 mm | 5.67g | 1969 | |||||
Penny(1d) | Britannia | 31 mm | 9.45g | 1971 | |||||
Threepence(3d) | King George VI1937–1952 Queen Elizabeth II1953–1971 |
Thriftuntil 1952Crowned portculliswith chains | 21.0–21.8 mm | 2.5 mm | 6.8g | Nickel-brass | Plain (12-sided) | 1937 | 1971 |
Sixpence(6d) | King George VI1946–1952 Queen Elizabeth II1953–1971 |
Crowned royal cypher until 1952 Floral design – Four Home Nations | 19.41 mm | 2.83g | Cupronickel | Milled | 1947 | 1980 | |
Shilling(1/-) | Crowned lion on Tudor crown or Crowned lion standing on Scottish crown until 1952Coat of Arms of Englandor Scotland | 23.60 mm | 1.7 mm | 5.66g | 1990 | ||||
Florin(2/-) | Crowned rose flanked by a thistle and shamrock until 1952 Rose encircled by thistle, leek and shamrock | 28.5 mm | 1.85 mm | 11.31g | 1992 | ||||
Half crown(2/6) | Royal Shieldflanked by crowned royal cypher until 1952 Crowned Royal Shield | 32.31 mm | 14.14g | 1969 | |||||
Crown(5/-) | Various commemorative designs | 38 mm | 2.89 mm | 28.28g | 1951 | Present |
Thefarthing(1⁄4d) had been demonetised on 1 January 1961, whilst thecrown(5/-) was issued periodically as a commemorative coin but rarely found in circulation.
The crown, half crown, florin, shilling, and sixpence were cupronickel coins (in historical times silver or silver alloy); the penny, halfpenny, and farthing were bronze; and the threepence was a twelve-sided nickel-brass coin (historically it was a small silver coin).
Some of the pre-decimalisation coins with exact decimal equivalent values continued in use after 1971 alongside the new coins, albeit with new names (theshillingbecame equivalent to the 5p coin, with theflorinequating to 10p), and the others were withdrawn almost immediately. The use of florins and shillings aslegal tenderin this way ended in 1991 and 1993 when the 5p and 10p coins were replaced with smaller versions. Indeed, while pre-decimalisation shillings were used as 5p coins, for a while after decimalisation many people continued to call the new 5p coin a shilling, since it remained1⁄20of a pound, but was now counted as 5p (five new pence) instead of 12d (twelve old pennies). The pre-decimalisation sixpence, also known as a sixpenny bit or sixpenny piece, was equivalent to2+1⁄2p, but was demonetised in 1980.
Five pounds | 1 | 2+1⁄2 | 5 | 20 | 40 | 50 | 100 | 200 | 300 | 400 | 1200 | 2400 | 4800 | 9600 | 14400 | 19200 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Double sovereign | 2⁄5 | 1 | 2 | 8 | 16 | 20 | 40 | 80 | 120 | 160 | 480 | 960 | 1920 | 3840 | 5760 | 7680 |
Sovereign | 1⁄5 | 1⁄2 | 1 | 4 | 8 | 10 | 20 | 40 | 60 | 80 | 240 | 480 | 960 | 1920 | 2880 | 3840 |
Crown | 1⁄20 | 1⁄8 | 1⁄4 | 1 | 2 | 2+1⁄2 | 5 | 10 | 15 | 20 | 60 | 120 | 240 | 480 | 720 | 960 |
Half crown | 1⁄40 | 1⁄16 | 1⁄8 | 1⁄2 | 1 | 1+1⁄4 | 2+1⁄2 | 5 | 7+1⁄2 | 10 | 30 | 60 | 120 | 240 | 360 | 480 |
Florin | 1⁄50 | 1⁄20 | 1⁄10 | 2⁄5 | 4⁄5 | 1 | 2 | 4 | 6 | 8 | 24 | 48 | 96 | 192 | 288 | 384 |
Shilling | 1⁄100 | 1⁄40 | 1⁄20 | 1⁄5 | 2⁄5 | 1⁄2 | 1 | 2 | 3 | 4 | 12 | 24 | 48 | 96 | 144 | 192 |
Sixpence | 1⁄200 | 1⁄80 | 1⁄40 | 1⁄10 | 1⁄5 | 1⁄4 | 1⁄2 | 1 | 1+1⁄2 | 2 | 6 | 12 | 24 | 48 | 72 | 96 |
Groat | 1⁄300 | 1⁄120 | 1⁄60 | 1⁄15 | 2⁄15 | 1⁄6 | 1⁄3 | 2⁄3 | 1 | 1+1⁄3 | 4 | 8 | 16 | 32 | 48 | 64 |
Threepence | 1⁄400 | 1⁄160 | 1⁄80 | 1⁄20 | 1⁄10 | 1⁄8 | 1⁄4 | 1⁄2 | 3⁄4 | 1 | 3 | 6 | 12 | 24 | 36 | 48 |
Penny | 1⁄1200 | 1⁄480 | 1⁄240 | 1⁄60 | 1⁄30 | 1⁄24 | 1⁄12 | 1⁄6 | 1⁄4 | 1⁄3 | 1 | 2 | 4 | 8 | 12 | 16 |
Halfpenny | 1⁄2400 | 1⁄960 | 1⁄480 | 1⁄120 | 1⁄60 | 1⁄48 | 1⁄24 | 1⁄12 | 1⁄8 | 1⁄6 | 1⁄2 | 1 | 2 | 4 | 6 | 8 |
Farthing | 1⁄4800 | 1⁄1920 | 1⁄960 | 1⁄240 | 1⁄120 | 1⁄96 | 1⁄48 | 1⁄24 | 1⁄16 | 1⁄12 | 1⁄4 | 1⁄2 | 1 | 2 | 3 | 4 |
Half farthing | 1⁄9600 | 1⁄3840 | 1⁄1920 | 1⁄480 | 1⁄240 | 1⁄192 | 1⁄96 | 1⁄48 | 1⁄36 | 1⁄24 | 1⁄8 | 1⁄4 | 1⁄2 | 1 | 1+1⁄2 | 2 |
Third farthing | 1⁄14400 | 1⁄5760 | 1⁄2880 | 1⁄720 | 1⁄360 | 1⁄288 | 1⁄144 | 1⁄72 | 1⁄48 | 1⁄36 | 1⁄12 | 1⁄6 | 1⁄3 | 2⁄3 | 1 | 1+1⁄3 |
Quarter farthing | 1⁄19200 | 1⁄7680 | 1⁄3840 | 1⁄960 | 1⁄480 | 1⁄384 | 1⁄192 | 1⁄96 | 1⁄72 | 1⁄48 | 1⁄16 | 1⁄8 | 1⁄4 | 1⁄2 | 3⁄4 | 1 |
Slang and everyday usage
editSome pre-decimalisation coins or denominations became commonly known by colloquial and slang terms, perhaps the most well known beingbobfor ashilling,andquidfor a pound. Afarthingwas amag,a silver threepence was ajoeyand the later nickel-brass threepence was called athreepenny bit(/ˈθrʌpni/or/ˈθrɛpni/bit, i.e. thrup'ny or threp'ny bit – the apostrophe was pronounced on a scale from full "e" down to complete omission); a sixpence was atanner,the two-shilling coin orflorinwas atwo-bob bit.Bob is still used in phrases such as "earn/worth a bob or two",[48][better source needed]and "bob‐a‐job week". The two shillings and sixpence coin orhalf-crownwas ahalf-dollar,also sometimes referred to astwo and a kick.A value of two pence was universally pronounced/ˈtʌpəns/tuppence,a usage which is still heard today, especially among older people. The unaccented suffix "-pence", pronounced/pəns/,was similarly appended to the other numbers up to twelve; thus "fourpence", "sixpence-three-farthings", "twelvepence-ha'penny", but "eighteen pence" would usually be said "one-and-six".
Quidremains as popular slang for one or more pounds to this day in Britain in the form "a quid" and then "two quid", and so on. Similarly, in some parts of the country,bobcontinued to represent one-twentieth of a pound, that is five new pence, andtwo bobis 10p.[49]
The introduction of decimal currency caused a new casual usage to emerge, where any value in pence is spoken using the suffixpee:e.g. "twenty-three pee" or, in the early years, "two-and-a-half pee" rather than the previous "tuppence-ha'penny". Amounts over a pound are normally spoken thus: "five pounds forty". A value with less than ten pence over the pound is sometimes spoken like this: "one pound and a penny", "three pounds and fourpence". The slang term "bit" has almost disappeared from use completely, although in Scotland a fifty pence is sometimes referred to as a "ten bob bit". Decimal denomination coins are generally described using the termspieceor coin, for example, "a fifty-pee piece", a "ten-pence coin".
Monarch's profile
editAll coins since the late[50]17th century have featured a profile of the current monarch's head. The direction in which they face changes with each successive monarch, a pattern that began with theStuarts,as shown in the table below:
Facing left | Facing right | |||
---|---|---|---|---|
Cromwell1653–1658[51] | Charles II1660–1685 | |||
James II1685–1688 | WilliamandMary1689–1694 William III1694–1702 |
|||
Anne1702–1714 | George I1714–1727 | |||
George II1727–1760 | George III1760–1820 | |||
George IV1820–1830 | William IV1830–1837 | |||
Victoria1837–1901 | Edward VII1901–1910 | |||
George V1910–1936 | ||||
Edward VIII1936 | (uncirculated issues) | |||
George VI1936–1952 | Elizabeth II1952–2022 | |||
Charles III2022–present |
For theTudorsand the Stuarts up to and including Charles II,[52][53]both left- and right-facing portrait images were minted within the reign of a single monarch (left-facing images were more common), together with equestrian portraits on certain coins and (earlier) full face portrait images.[50]In the Middle Ages, portrait images tended to be full face.
There was a small quirk in this alternating pattern whenEdward VIIIbecame king in January 1936 and was portrayed facing left, the same as his predecessorGeorge V.This was because Edward thought his left side to be better than his right.[54]However, Edward VIIIabdicatedin December 1936 and his coins were never put into general circulation. WhenGeorge VIcame to the throne, he had his coins struck with him facing the left, as if Edward VIII's coins had faced right (as they should have done according to tradition). Thus, in a timeline of circulating British coins, George V and VI's coins both feature left-facing portraits, although they follow directly chronologically.[55]
Regal titles
editFrom a very early date, British coins have been inscribed with the name of the ruler of the kingdom in which they were produced, and a longer or shorter title, always in Latin; among the earliest distinctive English coins are the silver pennies ofOffa of Mercia,which were inscribed with the legendOFFA REX"King Offa". As the legends became longer, words in the inscriptions were often abbreviated so that they could fit on the coin; identical legends have often been abbreviated in different ways depending upon the size and decoration of the coin. Inscriptions which go around the edge of the coin generally have started at the centre of the top edge and proceeded in a clockwise direction. A very lengthy legend would be continued on the reverse side of the coin. All monarchs used Latinised names, save Edward III and Edward VI,[56]both Elizabeths, and Charles III (which would have been EDWARDUS, ELIZABETHA, and CAROLUS respectively).
Latin text | English text | Notes |
---|---|---|
EDWARD DEI GRA REX ANGLZFRANC D HYB(E) | Edward III,by the grace of God King of England and France,Lord of Ireland | |
EDWARD DEI GRA REX ANGL DNS HYB Z ACQ | Edward,by the grace of God King of England, Lord of Ireland andAquitaine | Used after theTreaty of Brétigny(1360) when Edward III temporarily gave uphis claim to the French throne. |
EDWARD DEI G REX ANG Z FRA DNS HYB Z ACT | Edward,by the grace of God King of England and France, Lord of Ireland and Aquitaine. | Used after Anglo-French relations broke down and Edward III resumed his claim. |
HENRICUS VII DEI GRATIA REX ANGLIÆ & FRANCIÆ | Henry VIIby the Grace of God, King of England and France | France had been claimed by the English continuously since 1369. |
HENRICUS VIII DEI GRATIA REX ANGLIÆ & FRANCIÆ | Henry VIIIby the Grace of God, King of England and France | The Arabic numeral 8 was also used instead of the Roman VIII. |
HENRICUS VIII DEI GRATIA ANGLIÆ FRANCIÆ & HIBERNIÆ REX | Henry VIIIby the Grace of God, Of England, France and Ireland, King | Used after Henry VIII made Ireland a kingdom in 1541. The Arabic numeral 8 was also used instead of the Roman VIII. |
PHILIPPUS ET MARIA DEI GRATIA REX & REGINA | PhilipandMaryby the Grace of God, King and Queen | The names of the realms were omitted from the coin for reasons of space. |
ELIZABETH DEI GRATIA ANGLIÆ FRANCIÆ ET HIBERNIÆ REGINA | Elizabeth,by the Grace of God, of England, France, and Ireland, Queen | |
IACOBUS DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX | James,by the Grace of God, of Great Britain, France, and Ireland, King | James, King of Scotland, by succeeding to the English throne united the two kingdoms in his person; he dubbed the combination of the two kingdoms "Great Britain" (the name of the whole island) though they remained legislatively distinct for more than a century afterwards. |
CAROLUS DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX | Charles,by the Grace of God, of Great Britain, France, and Ireland, King | |
OLIVARIUS DEI GRATIA REIPUBLICÆ ANGLIÆ SCOTIÆ HIBERNIÆ & CETERORUM PROTECTOR | Oliver,by the Grace of God, of the Commonwealth of England, Scotland, Ireland etc., Protector | Cromwell ruled as a monarch but did not claim the title of king. |
CAROLUS II DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX | Charles II,by the Grace of God, of Great Britain, France, and Ireland, King | |
IACOBUS II DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX | James II,by the Grace of God, of Great Britain, France, and Ireland, King | |
GULIELMUS ET MARIA DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX ET REGINA | WilliamandMaryby the Grace of God, of Great Britain, France, and Ireland, King and Queen | The spouses William and Mary ruled jointly. |
GULIELMUS III DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX | William IIIby the Grace of God, of Great Britain, France, and Ireland, King | William continued to rule alone after his wife's death. |
ANNA DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REGINA | Anneby the Grace of God, of Great Britain, France, and Ireland, Queen | |
GEORGIUS DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX FIDEI DEFENSOR BRUNSVICENSIS ET LUNEBURGENSIS DUX SACRI ROMANI IMPERII ARCHITHESAURARIUS ET ELECTOR | Georgeby the Grace of God, of Great Britain, France, and Ireland King, Defender of the Faith, ofBrunswick and LüneburgDuke, of theHoly Roman EmpireArchtreasurer andElector | George I added the titles he already possessed as Elector ofHanover.He also added the title "Defender of the Faith",which had been borne by the English kings sinceHenry VIII,but which had previously only rarely appeared on coins. |
GEORGIUS II DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX FIDEI DEFENSOR BRUNSVICENSIS ET LUNEBURGENSIS DUX SACRI ROMANI IMPERII ARCHITHESAURARIUS ET ELECTOR | George IIby the Grace of God, of Great Britain, France, and Ireland King, Defender of the Faith, of Brunswick and Lüneburg Duke, of the Holy Roman Empire Archtreasurer and Elector | |
GEORGIUS III DEI GRATIA MAGNÆ BRITANNIÆ FRANCIÆ ET HIBERNIÆ REX FIDEI DEFENSOR BRUNSVICENSIS ET LUNEBURGENSIS DUX SACRI ROMANI IMPERII ARCHITHESAURARIUS ET ELECTOR | George IIIby the Grace of God, of Great Britain, France, and Ireland King, Defender of the Faith, of Brunswick and Lüneburg Duke, of the Holy Roman Empire Archtreasurer and Elector | |
GEORGIUS III DEI GRATIA BRITANNIARUM REX FIDEI DEFENSOR | George III, by the Grace of God, of the Britains King, Defender of the Faith | TheActs of Unionunited Great Britain and Ireland into a single kingdom, represented on the coinage by the Latin genitive pluralBritanniarum( "of the Britains", often abbreviatedBRITT). At the same time, the claim to the throne of France was dropped and other titles were omitted from the coinage. |
GEORGIUS IIII (IV) DEI GRATIA BRITANNIARUM REX FIDEI DEFENSOR | George IV,by the Grace of God, of the Britains King, Defender of the Faith | The Roman numeral "4" is represented by both IIII and IV in different issues. |
GULIELMUS IIII DEI GRATIA BRITANNIARUM REX FIDEI DEFENSOR | William IV,by the Grace of God, of the Britains King, Defender of the Faith | |
VICTORIA DEI GRATIA BRITANNIARUM REGINA FIDEI DEFENSOR | Victoria,by the Grace of God, of the Britains Queen, Defender of the Faith | |
VICTORIA DEI GRATIA BRITANNIARUM REGINA FIDEI DEFENSOR INDIÆ IMPERATRIX | Victoria,by the Grace of God, of the Britains Queen, Defender of the Faith,Empress of India | Queen Victoria was granted the title "Empress of India" in 1876. |
EDWARDUS VII DEI GRATIA BRITANNIARUM OMNIUM REX FIDEI DEFENSOR INDIÆ IMPERATOR | Edward VII,by the Grace of God, of all the Britains King, Defender of the Faith, Emperor of India | Edward VII's coins addedOMNIUM( "all" ) after "Britains" to imply a rule over the British overseas colonies as well as the United Kingdoms of England, Scotland, and Ireland. |
GEORGIUS V DEI GRATIA BRITANNIARUM OMNIUM REX FIDEI DEFENSOR INDIÆ IMPERATOR | George V,by the Grace of God, of all the Britains King, Defender of the Faith, Emperor of India | |
EDWARDUS VIII DEI GRATIA BRITANNIARUM OMNIUM REX FIDEI DEFENSOR INDIÆ IMPERATOR | Edward VIII,by the Grace of God, of all the Britains King, Defender of the Faith, Emperor of India | Although Edward VIII abdicated, his coins never properly entered circulation but it can be assumed his coins had these words. |
GEORGIUS VI DEI GRATIA BRITANNIARUM OMNIUM REX FIDEI DEFENSOR INDIÆ IMPERATOR | George VI,by the Grace of God, of all the Britains King, Defender of the Faith, Emperor of India | |
GEORGIUS VI DEI GRATIA BRITANNIARUM OMNIUM REX FIDEI DEFENSOR | George VI,by the Grace of God, of all the Britains King, Defender of the Faith | The title "Emperor of India" was relinquished in 1948, after the independence of India and Pakistan. |
ELIZABETH II DEI GRATIA BRITANNIARUM OMNIUM REGINA FIDEI DEFENSOR[57] | Elizabeth II,by the Grace of God, of all the Britains Queen, Defender of the Faith | |
ELIZABETH II DEI GRATIA REGINA FIDEI DEFENSOR[58] | Elizabeth II,by the Grace of God, Queen, Defender of the Faith | The "of all the Britains" was dropped from the coinage in 1954, and current coins do not name any realm. |
CHARLES III DEI GRATIA REX FIDEI DEFENSOR[59] | Charles III,by the Grace of God, King, Defender of the Faith |
Coins in the colonies
editSome coins made for circulation in the British colonies are considered part of British coinage because they have no indication of what country it was minted for and they were made in the same style as contemporary coins circulating in the United Kingdom.
Athree halfpence(1+1⁄2pence,1/160of a pound) coin was circulated mainly in theWest IndiesandCeylonin the starting in 1834. Jamaicans referred to the coin as a "quatty".[60]
Thehalf farthing(1/8of a penny,1/1920of a pound) coin was initially minted in 1828 for use in Ceylon, but was declared legal tender in the United Kingdom in 1842.[61]
Thethird farthing(1/12of a penny,1/2880of a pound) coin was minted for use inMalta,starting in 1827.[61]
Thequarter farthing(1/16of a penny,1/3840of a pound) coin was minted for use in Ceylon starting in 1839.[61]
Mottos
editIn addition to the title, a Latin or French motto might be included, generally on the reverse side of the coin. These varied between denominations and issues; some were personal to the monarch, others were more general. Some of the mottos were:
- POSUI DEUM ADIUTOREM MEUM"I have made God my helper". Coins ofHenry VII,Henry VIII,Elizabeth I.Possibly refers toPsalm 52:7,Ecce homo qui non-posuit Deum adjutorem suum"Behold the man who did not make God his helper".
- RUTILANS ROSA SINE SPINA"A dazzling rose without a thorn". Coins ofHenry VIIIandEdward VI.Initially on the unsuccessful and very rareCrown of the Roseof Henry VIII and continued on subsequent small gold coinage into the reign of Edward VI.
- POSUIMUS DEUM ADIUTOREM NOSTRUM"We have made God our helper". Coins ofPhilipandMary.The same as above, but with a plural subject.
- FACIAM EOS IN GENTEM UNAM"I shall make them into one nation". Coins ofJames I,signifying his desire to unite the English and Scottish nations. Refers toEzekiel37:22 in theVulgateBible.
- CHRISTO AUSPICE REGNO"I reign with Christ as my protector". Coins ofCharles I.
- EXURGAT DEUS DISSIPENTUR INIMICI"May God rise up, may [his] enemies be scattered". Coins ofCharles I,during theCivil War.Refers to Psalm 67:1 in theVulgateBible (Psalm 68in English Bible numbering).
- PAX QUÆRITUR BELLO"Peace is sought by war". Coins of theProtectorate;personal motto ofOliver Cromwell.
- BRITANNIA"Britain". Reign ofCharles IItoGeorge III.Found on pennies and smaller denominations.
- HONI SOIT QUI MAL Y PENSE."Shamed be he who thinks ill of it." Sovereigns ofGeorge III.Motto of theOrder of the Garter.
- DECUS ET TUTAMEN."An ornament and a safeguard." Some pound coins ofElizabeth II of the United Kingdomand some crown coins including some ofVictoriaandGeorge V.Refers to the inscribed edge as a protection against the clipping of precious metal, as well as being a complimentary reference to the monarch and the monarchy.
Minting errors reaching circulation
editThis sectionneeds additional citations forverification.(November 2023) |
Coins with errors in the minting process that reach circulation are often seen as valuable items bycoin collectors.
In 1983, the Royal Mint mistakenly produced sometwo pencepieces with the old wording "New Pence" on the reverse (tails) side, when the design had been changed from 1982 to "Two Pence".
In 2016, a batch of double-dated £1 coins was released into circulation. These coins had the main date on the obverse as '2016', but micro-engraving on the reverse dated as '2017'. It is not known how many exist and are in circulation, but the amount is fewer than half a million.
In June 2009, the Royal Mint estimated that between 50,000 and 200,000 dateless20 pencecoins had entered circulation, the first undated British coin to enter circulation in more than 300 years. It resulted from the accidental combination of old and new facetoolingin a production batch, creating what is known as amule,following the 2008 redesign which moved the date from the reverse (tails) to the obverse (heads) side.[62]
See also
editReferences
edit- ^Davies, Caroline (8 December 2022)."First coinage featuring King Charles III released".The Guardian.ISSN0261-3077.Retrieved10 February2023.
- ^"First King Charles 50p coins enter circulation".BBC. 8 December 2022. Archived fromthe originalon 8 December 2022.
- ^"New 12-sided pound coin to enter circulation in March".BBC News.1 January 2017.Archivedfrom the original on 31 March 2017.Retrieved29 March2017.
- ^"How can I dispose of commemorative crowns? And why do some have a higher face value than others?".The Royal Mint Museum.Archived fromthe originalon 13 April 2020.Retrieved22 November2019.
- ^"Mintage Figures".The Royal Mint.Archivedfrom the original on 17 May 2013.
- ^"A Brief History of Coinage in Britain".Chards.3 December 2018.Retrieved24 July2023.
- ^"Coins – Collector Gold & Silver Coins & Limited Edition Gifts".The Royal Mint.Archived fromthe originalon 10 February 2005.
- ^"Llantrisant".Royal Mint.2012.Archivedfrom the original on 16 November 2011.Retrieved28 January2012.
In April 1967 it was announced that the new Royal Mint would be built at Llantrisant in South Wales.
- ^"National Museums of Scotland – Balance and scales (detail)".Archivedfrom the original on 9 April 2009.
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External links
edit- UK Coin Designs and Specificationsfrom theRoyal Mint's website