UK coins
Royal Tudor Beasts Celebrated on UK Coins… What we know so far
Listen up Change Checkers!
The latest Royal Proclamation has just revealed some fantastic news for £5 coin collectors, as a brand new series of coins is set to be released celebrating the Royal Tudor Beasts and the mighty dynasty of King Henry VIII!
Just like the Queen’s Beasts series issued from 2017 to 2021, there will be 10 coins in total, each representing a different beast.
If the popularity of the Queen’s Beasts series is anything to go by, this new series is set to be in very high demand amongst collectors and royalty fans alike.
We can’t wait to see these new £5 coins when they’re released, but for now the designs remain top secret!
If you want to get ahead of the crowd, and be one of the first to receive these coins when they’re individually released, you can do so by signing up to the Change Checker New Issue £5 Subscription Service >>
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Have you found a 2020 dated 1p coin? Covid hoarding leads to increased penny demand
For the first time since 2017, 1p coins were back in production last year, with the latest mintage figures revealing that 88,071,910 pennies entered circulation in 2020.
Previously on our blog we’ve posed the question, ‘What is the future for 1p and 2p coins?’ as the Treasury has doubted the validity of the smaller denominations.
However, it seems that during the covid pandemic, and particularly in lockdown, a pattern of cash hoarding has resulted in less loose change being circulated.
In fact, banks have recently been calling on people to donate any unused change to charities, as they have felt the impact of the pandemic on fundraising.
Demand for 1p coins increases
Earlier this week, the latest mintages figures were revealed for 2020 coins and it seems that the demand for 1p coins has now increased, as The Royal Mint have produced over 88 million of them for circulation last year.
Whilst this doesn’t quite reach the heights of 2016 when almost 250,000,000 1p coins were minted for circulation, it is still an improvement on the 2p and £2 coins which did not enter circulation at all last year.
The UK’s very first decimal 1p coin was minted in 1971 and since then more than 28 billion of the coins have been produced by The Royal Mint.
The biggest influx came at the turn of the millennium, when over a billion coins were produced were produced in the year 2000.
Could the rise of contactless payments kill cash?
Overall, it does appear that the general demand for cash may be falling, partly due of the rise of cashless payments and contactless cards.
A spokesperson from The Royal Mint said: “The volume and variety of coins which enter circulation is determined by demand from UK banks and Post Offices. When demand rises The Royal Mint consults with HM Treasury before manufacturing more coins.”
Currently, there are no plans to produce new £2 or 2p coins for circulation over the next 10 years, as The Royal Mint are sitting on 26 times as many £2 coins as it needs to.
But, as we covid affects our use of cash and leads to hoarding, we are already seeing greater demand for smaller denominations, as demonstrated by the production of the 2020 dated 1p coins.
Have you found yourself holding on to more small change during the pandemic and what are your thoughts on the use of cash vs contactless? Let us know in the comments below!
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Computer pioneer, Charles Babbage, celebrated on latest Innovation in Science 50p…
Charles Babbage was an English mathematician and inventor who originated the concept of a digital programmable computer. He is even renowned for being the ‘Father of Computers’!
In the year marking the 150th year of his passing, The Royal Mint has commemorated him on a brand new UK 50p, the latest issue in their Innovation in Science series.
2021 UK Charles Babbage 50p
This brand new 50p, designed by Nigel Tudman and Jas Bhamra, features a clever design which links Babbage’s extraordinary machinery to the digital age.
Believing scientific advancements should benefit everyone, Charles Babbage is the perfect addition to The Royal Mint’s Innovation in Science series.
Excitingly, this brand new 50p is now available in Brilliant Uncirculated quality for JUST £4.50 (+p&p) for collectors. To secure yours today, in Official Change Checker packaging, simply click here >>
The Pioneer of Computing
Boasting an impressive career in calculus, astronomy, and arithmetics , Charles Babbage held the title of Lucasian Professor of Mathematics at Cambridge University.
The 1820s saw Babbage’s development of his ‘Difference Engine’, which was a machine that could perform mathematical calculations. Initially constructed as a six-wheeled model, it was later developed into a bigger, better, and more complex machine – Difference Engine 2.
However, his fame as a computer pioneer largely came from his invention, the Analytical Engine. It could perform any arithmetical calculation using punched cards, as well as a memory unit to store numbers – the fundamental components of today’s computers.
Babbage’s ideas were well ahead of their time, making him a perfect addition to The Royal Mint’s Innovation in Science series.
The Innovation in Science Series
This exciting series kick-started back in 2019 with the issue of the Stephen Hawking 50p.
2019 Stephen Hawking 50p
In 2019, less than a year since his death, The Royal Mint released a Stephen Hawking 50p coin, honouring his works as one of the most influential physicists of the modern age.
He became the very first person to be celebrated in The Royal Mint’s Innovators in Science series and only the third person to be commemorated on a coin within a year of their death (the others being Winston Churchill and the Queen Mother!)
The reverse of the coin, designed by Edwina Ellis, features a stylised black hole and the inscription ‘Stephen Hawking’ . It also shows the Bekenstein-Hawking formula, which describes the thermodynamic entropy of a black hole!
2020 Rosalind Franklin 50p
In the year that would have marked her 100th birthday, The Royal Mint released a 50p celebrating the life and crucial work of Rosalind Franklin, the first female scientist to be commemorated on a UK coin.
David Knapton’s striking design of this coin, features a depiction of Rosalind Franklin’s X-ray, ‘Photograph 51’, which revealed the helical structure of DNA, in her laboratory at King’s College, London.
One of Britain’s greatest scientists, Franklin made a crucial finding to the discovery of the double-helix structure of DNA.
2021 John Logie Baird 50p
It’s hard to imagine life without television but back in the early 1920s, it was a complete unknown.
That was until John Logie Baird successfully produced televised objects in outline in 1924, transmitted recognisable human faces in 1925, and demonstrated the televising of moving objects in 1926.
Issued in 20201, to celebrate the life and works of the ‘Father of Television’, the design of this 50p coin features key milestones from Baird’s life, presented between the lines of transmission radiating from the centre of the coin.
We’re so excited to see the 2021 UK Charles Babbage 50p join the marvelous Innovation in Science series and we’re sure this brand new coin will prove incredibly popular with collectors!
Will you be securing these coins for your collection? Let us know in the comments!
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