Posts Tagged ‘£1 banknote’

It looks like the round pound will be around for a little bit longer…

The Isle of Man have confirmed that they will be keeping the familiar round pound coin and issuing a new design for 2017.

This means they will be the only British Isles country to continue issuing round pounds…

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The Isle of Man £1 Coin featuring two birds – a Raven and a Falcon

Revealed today, the new design for the Isle of Man £1 coin features two birds – a Falcon and a Raven.

These birds are symbolically associated with the Island and feature on the Coat of Arms.

A Celtic interlocking border circulates the outside of the coin while the Triskelion (three armoured legs) features at the twelve o’ clock position.

In contrast, both Jersey and Guernsey have confirmed that they will stop striking the round £1 coin this year, opting to use the paper £1 note instead.

All change

Not only are the Isle of Man keeping the £1 coin, all their circulation coins have had a total redesign and been struck at a new Mint.

Launched today,  seven brand new Isle of Man currency designs have been revealed…

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New Isle of Man Coins launched today!

5 Pence – Features the Manx Shearwater, an amber-listed species of particular conservation concern on the Isle of Man. This design celebrates the increasing number of this traditional Isle of Man bird species.

10 Pence – Features the famous Isle of Man Manx Cat, best known for being entirely tailless. The other distinguishing characteristics include elongated hind legs and a rounded head.

20 Pence – The Isle of Man has a significant Viking heritage; key symbols are Odin’s Raven and Viking Longships. The design depicts a typical scene of a sailing Viking Longship.

50 Pence – The design depicts the Manx Loaghtan, a breed of sheep native to the Isle of Man. The sheep have dark brown wool and usully four or occasionally six horns.

1 Pound – The £1 coin features two birds – a Raven and a Falcon. These birds are symbolically associated with the island and feature of the Isle of Man Coat of Arms.

2 Pound – Featuring the Tower of Refuge, this important landmark was built upon the reef on the orders of Sir William Hillary, founder of the Royal National Lifeboat Institution in 1832.

5 Pound – The Triskelion (three armoured legs) is arguably the most known symbol of the island and is included in both the coat of arms and the flag of the Isle of Man. The Isle of Man also circulates their £5 coins making them the only Crown dependency country where you could find one in your change, and spend it.

A new effigy

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The new effigy of Her Majesty Queen Elizabeth II

And the changes don’t stop there.

The coins also feature a new effigy of Her Majesty Queen Elizabeth II, created by designer and sculptor Jody Clark.

The outer description includes the Queen’s full title, country of issue and year of issue.

The new portrait will be used on coins from Crown dependencies and Commonwealth countries.

No new coppers

Although the Isle of Man have completely redesigned their circulation coins, they have not produced any new designs for the 1p and 2p coins. Instead they will continue to use their current stock.


imagegen - It looks like the round pound will be around for a little bit longer...Available now: Brand new Isle of Man Coins issued for 2017

Own the complete set from 5 pence to £2 in this exclusive Change Checker 6-coin set from the Isle of Man.

Click here to secure your own set >>

 

50 years in the making – from 3d to £1: the story behind the new £1 coin

In just a few weeks, Britain’s one pound coin will undergo a major makeover. The familiar round pound will change to become bi-metallic and 12-sided and will also have several new security features. But the shape of this new £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 like it before, and it holds the proud title of Britain’s first non-circular coin.

But, of course, it’s not the first major change in the nation’s £1.

I’ve taken a look back at some of the key changes for Britain’s coinage over the last 50 years to welcome the brand new 12-sided £1 coin, when it is issued on 28th March.

50 years in the making amends 0112345 - 50 years in the making – from 3d to £1: the story behind the new £1 coinThe 28th March 2017 is sure to become a historic day as we welcome the new coin which has been billed to become the most secure circulating coin in the world. This will be the first specification change to our £1 coin in more than 3 decades.

But the Thrup’nny Bit deserves recognition for being the inspiration behind our new £1 coin which is sure to become a collecting sensation. The Thrup’nny Bit was eventually withdrawn from circulation in 1971  after the introduction of decimal coinage which didn’t include Three Pence as a denomination. However, its legacy lives on, and is still widely regarded as one of the most iconic coins in British history.


hw the story of 1 pound 2017 uk collectors pack open 1 - 50 years in the making – from 3d to £1: the story behind the new £1 coinThe 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 Brass 12-Sided Threepence Coin.