One hundred pounds (British coin)
United Kingdom | |
| Value | £100 |
|---|---|
| Mass | 62.86 g |
| Diameter | 40.00 mm |
| Edge | Milled |
| Composition | .999 fine silver |
| Years of minting | 2015–22 |
| Obverse | |
| Design | Queen Elizabeth II |
| Designer | Ian Rank-Broadley |
| Design date | 1998 |
| Design | Queen Elizabeth II |
| Designer | Jody Clark |
| Design date | 2015 |
| Reverse | |
| Design | Elizabeth Tower(Big Ben) |
| Designer | Glyn Davies and Laura Clancy |
| Design date | 2015 |
| Design | Buckingham Palace |
| Designer | Glyn Davies and Laura Clancy |
| Design date | 2015 |
| Design | Trafalgar Square |
| Designer | Glyn Davies and Laura Clancy |
| Design date | 2016 |
Theone hundred pound coin(£100) is acommemorativedenomination ofsterling coinage.Issued for the first time by theRoyal Mintin 2015 and sold at face value, £100 coins holdlegal tenderstatus but are intended as collectors' items and are not found in general circulation.[1]As of 1 November 2021[update],the silver content of each coin (inbullionquantities) was worth about £35.[2]
Design
[edit]The designs which have appeared on the £100 coin's reverse are summarised in the table below.
| Year | Design | Designer |
|---|---|---|
| 2015 | Elizabeth Tower (Big Ben) | Davies & Clancy |
| 2015 | Buckingham Palace | Davies & Clancy |
| 2016 | Trafalgar Square | Davies & Clancy |
Elizabeth Tower (Big Ben)
[edit]The first minting of a new commemorative coin denominated £100 was announced on 29 December 2014.[3]The coins contain 62.86 grams (2.021troy ounces;2.217ounces) offine silver,with a diameter of 40.00 millimetres (1.575 in).[4]The first mintage of this denomination totalled 50,000 coins.[3]
The 2015 issue features theIan Rank-Broadleyportrait ofQueen Elizabeth IIon the obverse and an image ofElizabeth Tower,often calledBig Benafter the bell it houses, on the reverse.[4]
Buckingham Palace
[edit]In August 2015, the Royal Mint announced a second £100 coin would be minted. The new issue, as with the previous one, would be limited to 50,000 coins, each made of.999 fine silver, weighing 62.86 grams (2.021 ozt) and having a diameter of 40.00 millimetres (1.575 in).[5]
This second issue features an image ofBuckingham Palaceby Glyn Davies and Laura Clancy on the reverse, while on the obverse is a portrait of Queen Elizabeth II byJody Clark,making it the first face-value coin to feature that portrait.[5]
Trafalgar Square
[edit]In 2016, the Royal Mint announced a third £100 coin would be minted, featuringTrafalgar Square.The new issue was limited to 45,000 coins, each made of.999 fine silver, weighing 62.86 grams (2.021 ozt) and having a diameter of 40.00 millimetres (1.575 in).[6]
Legal tender status
[edit]The prolific issuance since 2013 of silver commemorative£20,£50and £100 coins at face value has led to attempts to spend or deposit these coins,[1] prompting theRoyal Mintto clarify the legal tender status of these coins.[7][8] Royal Mint guidelines advise that, although the coins were approved as legal tender, they are considered limited edition collectables not intended for general circulation, and hence shops and banks are not obliged to accept them.[7]
See also
[edit]
References
[edit]- ^abPaton, Ryan; Parkman, Chloe (29 October 2021)."Man arrested for using £100 coin in Tesco wins £5,000 in damages".Liverpool Echo.Retrieved3 November2021.
- ^"Historical exchange rates".OANDA.com.Retrieved3 November2021.using 'XAG' as the 'currency'
- ^ab"Royal Mint makes £100 coin featuring Big Ben clock tower".BBC News.Retrieved29 December2014.
- ^ab"Big Ben 2015 UK 100 pound Fine Silver Coin".Royal Mint.Archived fromthe originalon 29 December 2014.Retrieved29 December2014.
- ^ab"Buckingham Palace 2015 UK £100 Fine Silver Coin".Royal Mint.Archived fromthe originalon 4 October 2015.Retrieved12 August2015.
- ^"Trafalgar Square £100 Coin".Royal Mint.Archived fromthe originalon 27 November 2018.Retrieved30 January2017.
- ^ab"Legal Tender Guidelines".The Royal Mint.Retrieved17 January2022.
- ^Morgan, Charles; Walker, Hubert (27 March 2016)."How The Royal Mint is Attempting to Redefine" Legal Tender "for Collector Coins".CoinWeek.Retrieved17 January2022.
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