Posts Tagged ‘£5 Coin’
New coin issued to celebrate Queen Elizabeth II’s 90th Birthday
The Queen Elizabeth II 90th Birthday Proof £5 coin issued by Jersey
On 21st April, 2016, Her Majesty Queen Elizabeth II will celebrate her 90th birthday – the first British monarch ever to do so.
In honour of the occasion a new coin has been issued – featuring a specially commissioned one-year-only birthday portrait.
The coin has been officially approved by Her Majesty the Queen, and proudly displays the royal cypher atop a large “90”. The central design is flanked by the Royal Standard and Union Flags on either side.
But it is the new effigy that will fuel collector demand. Replacing the familiar standard portrait for one year only, renowned sculptor Luigi Badia was tasked with creating a special 90th Birthday engraving of the Queen.
The specially commissioned 90th Birthday effigy by renowned sculptor Luigi Badia.
As you’ll appreciate, that is not a simple process, with an extremely rigorous approval procedure. To give you some idea, the Palace requested three separate revisions until they felt the effigy was perfect.
That’s why special portraits such as this are few and far between and are so popular with collectors.
Luigi, from New York, explains the concept behind the design:
“I was extremely honored to be commissioned to sculpt a brand new portrait to celebrate Her Majesty’s 90th birthday. I was inspired to use the St Edward’s crown as it captures her sense of duty from when she first wore it during her Coronation in 1953, a sense of duty that she has had through-out her life and reign”
The design process…
The design is intricately engraved onto the die
Careful consideration has to be put into the shape and size of the coin. Luigi painstakingly hand-engraved the design – with the added complication of retaining the typesetting within the circular shape.
The finalised ‘plaster’ engraving is then ready to be reduced down into a die (shown opposite) – which is hardened and used to mint the commemorative coins collectors can own.
Struck to a variety of specifications…
The new coin is to be struck in a range of different specifications, from a face value version right up to a staggering 10oz gold edition – which has already sold out.
And the other coins are likely to prove just as popular – with a highly collectable proof coin, a pure silver coin, and a 1/4oz gold coin amongst those available, there is something to suit everyone.
These coins really do make a fitting tribute to Her Majesty, and the stunning 90th birthday portrait marks them out as truly prestigious commemoratives to forever remember this once-in-a-lifetime celebration.
Special proof coin available now… 
If you want to mark the occasion you can add a Queen Elizabeth II 90th Birthday Proof £5 Coin to your collection today.
The history of the British crown coin…
Today crown coins are usually issued to mark special occasions of national importance and are intended to be commemoratives rather than ordinary circulation coins. But they have seen some significant changes over the decades...
The British crown first appeared during the reign of Henry VIII and was struck from gold. Issued in 1544, the ‘Double rose’ as it came to be known had a twin rose deign topped with a large crown on the obverse.
Charles II Crown
Crown coins weren’t struck regularly from silver until 1662 under Charles II – which is when all the previous denominations of gold coins were replaced by milled guineas.
Silver crown coins enter circulation…
The crown issued for circulation that year marked the end of hammered coins as the Royal Mint transferred to mill striking permanently after centuries of working by hand.
At this point the crown started to look more familiar, and it has remained roughly the same size (almost 30mm in diameter) to the present day.
The coins’ generous dimensions leant it an air of importance, and crowns were usually struck in a new monarch’s coronation year. This was true of every monarch since King George IV up until the present monarch in 1953, with the single exception of King George V.
The 1965 Churchill Memorial Crown – the first crown coin to feature a non-monarch
With its large size, many of the later coins were primarily commemoratives. The 1965 issue carried the image of Winston Churchill on the reverse, the first time a non-monarch or commoner was ever placed on a British coin, and marked his death.
Decimalisation arrives…
Traditionally crowns had a face value of five shillings, but after decimalisation on 15th February 1971 the crown became the 25p coin – one of the UK’s most unusual denominations.
The 25p pieces were issued to commemorate significant events, with one of the earliest issues being the Silver Wedding Anniversary of Queen Elizabeth II and Prince Phillip in 1972.
1981 Charles and Diana Wedding Crown
In 1980 an issue was authorised for the 80th birthday of Queen Elizabeth The Queen Mother; and, in 1981, the coin was issued to celebrate the marriage of Charles, Prince of Wales and Lady Diana Spencer. All of these issues were struck in large mintages, in plastic cases, and in cupro-nickel. However, in addition to this, limited numbers of collectors’ coins of these modern issues were struck to proof quality separately by the Royal Mint in sterling silver.
Legal tender changes from 25p to £5…
The legal tender value of the crown remained as 25p until 1990 when their face value was increased to £5 in view of its relatively large size compared to other coins.
Since the value increased to £5 in 1990 it quickly became recognised as the nation’s flagship commemorative coin and remained possible to buy these coins through banks and post offices (as well as the Royal Mint, The Westminster Collection and other distributors) in circulating quality right up until 2009.
Farewell to the face value £5 coin…
The last ever £5 for £5 crown coin – 2010 The Restoration of the Monarchy
£5 coins continued to be available for a couple more years at face value in brilliant uncirculated quality. But sadly, today the Royal Mint only releases £5 coins in presentation packs selling for £13.
The British crown has undoubtedly seen many changes throughout the years, from metals, size and denomination – it certainly is a coin with an interesting history.
What’s been the most significant change for you? Leave a comment below.
Sign the petition to bring back the £5 for £5 by clicking here
Discover how you can be one of just 1,000 collectors able to own the new 2016 UK Queen’s 90th Birthday £5 for £5 – click here.
The Story Behind the new Longest Reigning Monarch £5 Coin
The new Longest Reigning Monarch £5 Coin issued by Jersey
This week a new £5 coin will be issued to mark Her Majesty Queen Elizabeth II becoming our longest reigning monarch on 9th September.
One of the very first coins has been issued by Jersey and I’ve been given exclusive access to go behind-the-scenes for the blog.
The new £5 coin has been designed by Timothy Noad, whose work has featured on many UK coins over the years. He has even designed the Gold Sovereign twice, an unprecedented honour which is testament to his passion and understanding of numismatic art.
This passion shows through in his design for the new £5 coin. Featuring an Oak Tree and the Royal Cipher surrounded by the inscription ‘1952 – Long to Reign Over Us – 2015’, the coin has a dignified and prestigious presence. I asked Timothy what gave him his inspiration for the design:
“The oak tree came to mind as an emblem with many relevant associations. The Royal Oak, as well as a popular pub name, is a well-known image and oak branches form part of the heraldic badge of the House of Windsor.
“It is also a symbol of Britain, endurance and longevity, so very appropriate for the Queen. Shields were hung on trees during medieval tournaments, often held in honour of a Queen or noble lady, and this shield bears the Queen’s personal cipher. I enjoy seeing how my drawings are translated into actual coins and I am very happy with this design.”
The process behind the design of the new coin
From Drawing to Finished Coin
But getting from an idea to a struck coin is a time consuming process, a real labour of love.
First of all the design is hand-drawn, and careful consideration has to be given to the shape and size of the engraving so it can be accurately minted. Then the wording has to be laid out, with the added complication of retaining the typesetting within the circular shape.
Finally, the finished drawing is scanned and processed, ready to be made into a die which will eventually be used to produce the commemorative coins you can own.
Limited Edition Versions Available
Detail of the Longest Reigning Monarch £5 Coin design
The most affordable limited edition version of the coin is the Proof Edition, featuring the addition of gold ink. Just 4,950 will be minted and these are sure to be popular.
The coin is also being struck in a range of other formats, from a face value version right up to a staggering 5 ounce gold edition – I’ve held one and its sheer scale took my breath away.
So there’s a type of coin for all collectors – and if there’s one thing I’m sure, it’s that this coin is a truly fitting commemoration of the remarkable reign of Queen Elizabeth II.
If you’re interested…
The Longest Reigning Monarch £5 Proof Coin is available to pre-order now.
***NOW SOLD OUT***