The new year means one thing in the collecting world, new coins!
Each year, collectors eagerly anticipate the arrival of The Royal Mint’s Annual Set.
Featuring five brand-new commemorative designs, the coins celebrate some of the biggest anniversaries and events of the year.
Last year, the coins were issued for the first-time featuring King Charles III and as expected, all premium specifications sold out in a matter of hours.
Then, a little later in the year, the UK’s new circulating coin designs were revealed – again selling out and instigating a whole new wave of collectors.
2023 truly was a monumental year for coinage, and 2024 is likely to follow suit. So, let’s take a look at the 2024 coin designs…
The Royal National Lifeboat Institution, otherwise known as the RNLI, was founded over 200 years ago by Sir William Hillary. Ever since, crews and lifeguards have been working hard to save lives 24 hours a day, 7 days a week.
The coin’s reverse design features some of the most recognisable RNLI symbols, with the flag in the centre surrounded by a life ring and rope.
British Olympians and Paralympians 50p
This year, the 2024 Olympics will take place in Paris, France – exactly 100 years since the city last hosted the games. The Paralympics will also be held in France for the first time, making the games the biggest event ever held in France. 202 competitors from Great Britain will participate in 17 sports, in the hopes of clinching Gold.
The coin itself features a geometric design of an Olympian and Paralympian set against the Union Jack, with a small Eiffel Tower at the bottom.
Winston Churchill £2
The first £2 coin in this year’s set, honours 150 years since the birth of famous politician, Winston Churchill.
Having led Britain to victory during the Second World War, Churchill served as Prime Minster twice. However, the design of this £2 coin takes us back to a younger Churchill, depicting him as a young man during his time in the Cavalry arm.
National Gallery £2
The National Gallery also celebrates its 200th anniversary on a UK £2 coin. Founded in 1824, the gallery was initially opened with the ambition of making art accessible for everyone.
Soon after, a dedicated building was commissioned and built in Trafalgar Square in 1838 – the very building that now features on the new £2 coin.
Today, the gallery holds over 2,300 paintings from renowned artists like Monet, da Vinci and Michelangelo.
Buckingham Palace £5
The final commemorative coin in the set features one of the most recognisable buildings in the world – Buckingham Palace. The official residence of all British monarchs since Queen Victoria, the palace is now the headquarters of King Charles III.
Each Brilliant Uncirculated and Silver Set will also come specially paired with the 2024 Definitive Coins. From the 1p to the £2, these coins saw a complete re-design in 2023 and are now available in the Annual Coin Sets for the first time since 2022.
How to secure yours
The 2024 Annual Coins are available in a variety of different specifications. From the official Royal Mint Brilliant Uncirculated Pack to the Base Proof edition with exclusive Royal Mint medal, to the strictly limited Silver Proof and Piedfort Editions.
The coins that we use every day are changing.
From the 1p to the £2, eight new coins will soon be entering our pockets and our piggy banks.
So, as we welcome the new era of King Charles III, both the ‘heads’ and ‘tails’ of our circulating coins will have brand new designs.
Read on to unveil The Royal Mint’s brand-new designs, learn about the history of Definitive coins and why this is the biggest change for British coins in 15 years…
The Coins of a New ‘Carolean’ Era
The coins, each designed by The Royal Mint, have been authorised by HM treasury and approved by King Charles III himself.
Over the past seven decades, our circulating coinage has undergone many changes, showcasing five different portraits of Her Majesty Queen Elizabeth II on the obverse, and two distinct reverse designs.
And even though we have seen His Majesty’s effigy on the obverse of several commemorative issues, this will be the first time we’ll see his portrait on the coins we find in our everyday change.
All reverse designs share a unique feature, setting each denomination against a stylised logo with 3 interlocking ‘Cs’, representing King Charles III.
Before they gradually enter circulation, The Royal Mint have introduced the first strike of these coins in commemorative quality – with a special Privy Mark…
Inspired by Our Natural World
What’s more, each coin embodies King Charles III’s passion for nature & sustainability, presenting various symbols of Britain’s vast wildlife on the reverse designs. Having been a Patron of The Wildlife Trust since 1977, Charles’ affiliation for the natural world was a key inspiration for the designs of the UK’s new coinage.
The new £2 coin design represents the union of the United Kingdom with intermingling flowers from the four nations of the UK: the Rose, the Thistle, the Daffodil, and the Shamrock.
For the £1, 50p, 20p, 10p, 2p, and 1p, The Royal Mint have thoughtfully translated various wildlife creatures into innovative reverse designs.
For example, the £1 coin presents a pair of Bees, the 50p showcases a Salmon in water, the 20p a Puffin, the 10p a Scottish Capercaillie, 2p a Red Squirrel, and the 1p a sleeping Dormouse.
Finally, the 5p coin features a stunning combination of oak leaves and acorns – a perfect tribute to our natural world and England’s national tree.
The History of ‘Definitive’ Coinage
The eight different coin denominations which make up our everyday change (1p, 2p, 5p, 10p, 20p, 50p, £1, £2) began circulating in 1971. This followed Britain’s shift towards Decimalisation, a plan which had been in the making for over 10 years.
Multiple artists participated in a private design competition, and among them was Christopher Ironside, the chosen designer of the decimal coins. Ironside’s designs remained on the reverse of the definitive coins for 40 years, until Matt Dent proposed the idea of spreading the Shield of the Royal Arms over the definitive coins in 2005.
“This piecing together of the elements of the Royal Arms to form one design had a satisfying symbolism – that of unity, four countries of Britain under a single monarch.” – Matt Dent
A Special Touch for Collectors…
The best part is, you can now secure the commemorative editions of the UK’s new coinage.
And in addition to new designs on both faces, these coins also feature a distinctive ‘Privy Mark’ on the obverse, a unique and sought-after element.
Designed to distinguish these coins from the ones you’ll eventually find in circulation, the first commemorative strikes display a delicate crown positioned alongside the effigy of His Majesty.
From the official Brilliant Uncirculated pack, to the prestigious Proof Set, or the strictly limited DateStampTM, you can click here to view the range with prices starting from £33 (+p&p) and secure yours before it’s too late >
The Battle of the Atlantic was a pivotal campaign during the Second World War, spanning from 1939 to 1945. It was the longest-lasting battle of the entire conflict, and 2023 marks the 80th anniversary of a crucial turning point known as ‘Black May.’ During this period, 25 percent of the German U-boat fleet was destroyed, signalling a significant shift in the tide of the war. To honour this historic event, a special three-coin Brilliant Uncirculated £2 set has been released.
Use the interactive image below to explore this brand new set and witness a Battle in the Atlantic.
Three Unique Designs
Renowned coin artist David Lawrence has crafted three distinct designs for this special set, each depicting a crucial moment from the Battle of the Atlantic. These designs not only serve as a testament to the bravery and sacrifices made by those who participated but also as an educational tool, reminding us of the importance of this historical event. Each coin tells a story.
Merchant ships are being targeted by a U-boat. You can see the periscope viewfinder as part of the design. By May 1945, in the Atlantic alone, over 2,200 British and Allied merchant ships had been sunk, totalling well over 13 million tons, as well as 100 Allied naval vessels and 600 RAF Coastal Command aircraft. Of these ships, no less than 2003 had been sunk by U-boats.
This design shows a map of the shipping lane main routes. There are silhouettes of the ships and U-boats; it also shows the key action zones during the ongoing battle.
The third coin depicts a scene of destruction where a U-boat has succeeded. A lifeboat is picking up survivors from the wreck as the burning ship sinks in the background.
The coins in this set have been struck to a superior Brilliant Uncirculated quality. This means they are in pristine condition, free from the wear and tear found on circulating coins.
To preserve the quality of these commemorative coins for generations to come, they are presented in a stunning presentation pack. This protective housing not only adds to their visual appeal but also safeguards them from potential damage.
By owning this set, you not only possess a piece of history but also contribute to preserving the memory of those who fought valiantly during this critical campaign of World War II. Don’t miss the opportunity to reserve yours today and honour the heroes of the Battle of the Atlantic.