"Sovereign (British coin) The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling. Struck from 1817 until the present time, it was originally a circulating coin accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. In most recent years, it has borne the well-known design of Saint George and the Dragon on the reverse—the initials () of the designer, Benedetto Pistrucci, may be seen to the right of the date. The coin was named after the English gold sovereign, last minted"
"the adoption of the euro and laid down the analogous provisions as in United Kingdom legislation (all inherited from previous British law), namely: coins denominated above 10 pence became legal tender for payment not exceeding 10 pounds, coins denominated not more than 10 pence became legal tender for payment not exceeding 5 pounds, and bronze coins became legal tender for payment not exceeding 20 pence. The Indian rupee is the ""de facto"" legal tender currency in India. The Indian rupee is also legal tender in Nepal and Bhutan, but the Nepalese rupee and Bhutanese ngultrum are not legal tender in"
"made legal tender in the United Kingdom from 13 June 1842. There was much cynicism of the need for such a coin in Britain, with letters written to ""The Times"", but the coin did indeed circulate widely in Britain and Ceylon. The purchasing value of a penny in 1844, at 2013 purchasing power, is (at its lowest) 35p (GB pound sterling). A half-farthing, therefore (one eighth of a penny) would have had a value today (2013) of 4.375p (GB Sterling pence). Yet, as of 2014, the UK still has widely circulating coins of just 1p and 2p. The half-farthing therefore"
"in 1957. It has been struck since then both as a bullion coin and, beginning in 1979, for collectors. Though the sovereign is no longer in circulation, it is still legal tender in the United Kingdom. There had been an English coin known as the sovereign, first authorised by Henry VII in 1489. It had a diameter of , and weighed , twice the weight of the existing gold coin, the ryal. The new coin was struck in response to a large influx of gold into Europe from West Africa in the 1480s, and Henry at first called it the"
"were developed in the Mughal style and those of Madras mostly in a South Indian style. The English coins of Western India developed along Mughal as well as English patterns. It was only in 1717 AD that the English obtained permission from the Emperor Farrukh Siyar to coin Mughal money at the Bombay mint. The British gold coins were termed Carolina, the silver coins Anglina, the copper coins Cupperoon and tin coins Tinny. By the early 1830, the English had become the dominant power in India. The Coinage Act of 1835 provided for uniform coinage throughout India. The new coins"
"Landmarks of Britain Landmarks of Britain is a series of silver bullion coins produced by the Royal Mint in the United Kingdom. The first coin was released in 2017 and features a design of Big Ben previously used on a £100 coin released in 2015. The second and third coins, both released in 2018, feature Tower Bridge and Trafalgar Square. The next coin is expected to portray Buckingham Palace. The coin has a maximum mintage of 50,000. The same designs appeared on a four coin proof set in 2014, these had trichromatic colour-printing and had a mintage of only 3,500"
"current reverse, featuring a segment of the Royal Shield, was introduced in 2008. Five pence and ten pence coins are legal tender only up to the sum of £5; this means it is permissible to refuse payment of sums greater than this amount in 5p and 10p coins to settle a debt. The five pence coin was originally minted from cupronickel (75% Cu, 25% Ni), but since 2011 it has been minted in nickel-plated steel due to the increasing price of metal. From January 2013, the Royal Mint began a programme to gradually remove the previous cupro-nickel coins from circulation"
"to introduce Pound sterling in India. Due to popularity of Rupiya, the Pound sterling could not be introduced in India. It was only in 1717 AD that the English obtained permission from the Mughal emperor Farrukhsiyar to coin Mughal money. In 1835 AD, the ""Coinage Act of 1835"" for uniform coinage came into force. Composed of 0.917 silver, the new one rupee coins weighed and had a diameter of . Reverse of all one rupee coins minted after 1835 and before 1862 AD bore ""East India Company"" instead of country name. One rupee coins had bust of King William IIII"
"shilling"" (worth 1.2 francs). However, this shilling was not equal to the British shilling (worth 1.26 francs, as the exchange rate according to the respective gold standards was 25.22 francs = 1 pound sterling). Banknotes were also produced by the States of Guernsey from 1827, denominated in pounds. In 1848, an ordinance was passed that the pound sterling should be legal tender at a value of £1 1s 3d (2040 doubles). This was rescinded two years later and French currency, supplemented by local issues, continued to circulate. In 1870, British coins were made legal tender, with the British shilling circulating"
"grains, which was termed the ""Rupiya"". The silver coin remained in use during the Mughal period, the Maratha era (1674–1818) and in British India, as well. The British settlements in Western India, South India, and the Eastern Province of Bengal (Calcutta) independently developed different coinages in consonance with the local acceptability of the coins for the purposes of trade. There are many fake coins of East India Company, with Indian gods depicted on the obverse side as shown in side-bar. Original East India Company coins show only the coat of arms of the East India Company. The coins of Bengal"
"commemoration; in 2005, the Perth Mint issued a gold coin with face value A$25, reproducing the reverse design of the pre-1871 Sydney Mint sovereigns. Sovereign (British coin) The sovereign is a gold coin of the United Kingdom, with a nominal value of one pound sterling. Struck from 1817 until the present time, it was originally a circulating coin accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. In most recent years, it has borne the well-known design of Saint George and the Dragon on the reverse—the initials () of"
"silver coin being minted. To thwart the further issuance of private token coinage, in 1817 an Act of Parliament was passed which forbade the manufacture of private token coinage under very severe penalties. A short-lived twopence denomination in silver was also produced, with circulation issues in 1817, 1818 and 1820, after which silver twopence were only issued as Maundy money. In 1857, a survey by the Royal Mint found that around one-third of all copper coinage was worn or mutilated, often by advertisements. A couple of years later Thomas Graham, the Master of the Mint, convinced William Ewart Gladstone, then"
"gold sovereigns, half sovereigns, and gold and silver Britannia coins are also produced. Some territories outside the United Kingdom, which use the pound sterling, produce their own coinage, with the same denominations and specifications as the UK coinage but with local designs. In the years just before decimalisation, the circulating British coins were the half crown (2/6, withdrawn 1 January 1970), two shillings or florin (2/-), shilling (1/-), sixpence (6d), threepence (3d), penny (1d) and halfpenny (d). The farthing (d) had been withdrawn in 1960. There was also the Crown (5/-), which was, and still is legal tender, worth 25p,"
"of the Royal Mint visitor centre. In 2017 the welsh dragon twenty pound coin was struck again featuring the Royal Mint visitor centre on the card. This happened again in 2018 with coin placed on another view of the visitor centre. These 2016, 2017 and 2018 Royal Mint Experience editions were only available from the Royal Mint gift shop. Twenty pounds (British coin) The British twenty pound (£20) coin is a commemorative coin, first issued by the Royal Mint in 2013. It is minted in .999 fine silver. Twenty pound coins are legal tender but are intended as souvenirs and"
"Quarter farthing The British quarter farthing (d) coin was a unit of currency equaling one sixteenth of a penny ( of a pound sterling). It was produced for circulation in Ceylon in various years between 1839 and 1853, with proof coins being produced in 1868. It is the smallest denomination of pound sterling coin ever minted. The coin is considered to be part of British coinage because it has no indication of what country it was minted for, being made in the same style as the contemporary half-farthing which was legal tender in Britain between 1842 and 1869. Before Decimal"
"to 1949 feature a more angular font than those minted later. These later coins do not bear the abbreviation , since the king was no longer Emperor of India. The final change in the design of the sixpence came in 1953 when a new reverse was designed for the sixpences of Elizabeth II. These coins feature a floral design by Edgar Fuller and Cecil Thomas on the reverse, consisting of a rose, thistle, shamrock and leek, representing the four Home Nations. In 2016 the Royal Mint began minting legal tender decimal sixpence coins in silver. The new reverse was designed"
"produced. Dutch rule was restored in 1814–1816 as a result of the treaty between the Netherlands and Britain returning the former Dutch possessions. The first coins to be minted were at the Surabaya mint: duits (1814–1826) and half duits (1814–1822) of the 'INDIA BATAV' design. The half duits were updated to read ST (stuiver), minted 1822–1826, while ST coins were minted 1822–1826. As no double duit designs existed of modern design, that coin only appeared as ST, from 1818 to 1828. Starting from 1822, 'INDIA BATAV' was replaced with 'NEDERL INDIE' on all coins. The Indies government in 1815 issued"
"Baron Harington of Exton. Licences were subsequently given out until after the Commonwealth, when the Royal Mint resumed production in 1672. In the late 17th century the English farthing was also minted in tin. For later farthings, minted in the 18th century and for use in Scotland as well as in England and Wales, and in the 19th and 20th centuries for use in Great Britain and Ireland, see Farthing (British coin). Little is known of the medieval silver farthing, for few remain. As the smallest denomination, it was rarely hoardedsilver farthings have never been found in large hoardsand as"
"sets. Landmarks of Britain Landmarks of Britain is a series of silver bullion coins produced by the Royal Mint in the United Kingdom. The first coin was released in 2017 and features a design of Big Ben previously used on a £100 coin released in 2015. The second and third coins, both released in 2018, feature Tower Bridge and Trafalgar Square. The next coin is expected to portray Buckingham Palace. The coin has a maximum mintage of 50,000. The same designs appeared on a four coin proof set in 2014, these had trichromatic colour-printing and had a mintage of only"
"of HM Treasury. The 1p and 2p coins from 1971 are the oldest standard-issue coins still in circulation. Coins from the British dependencies and territories that use the pound as their currency are sometimes found in change in other jurisdictions. Strictly, they are not legal tender in the United Kingdom; however, since they have the same specifications as UK coins, they are sometimes tolerated in commerce, and can readily be used in vending machines. UK-issued coins are, on the other hand, generally fully accepted and freely mixed in other British dependencies and territories that use the pound. An extensive coinage"
"chronologically. All genuine UK coins are produced by the Royal Mint. The same coinage is used across the United Kingdom: unlike banknotes, local issues of coins are not produced for different parts of the UK. The pound coin until 2016 was produced in regional designs, but these circulate equally in all parts of the UK (see UK designs, below). Every year, newly minted coins are checked for size, weight, and composition at a Trial of the Pyx. Essentially the same procedure has been used since the 13th century. Assaying is now done by the Worshipful Company of Goldsmiths on behalf"
"legal tender only up to the sum of 20p; this means that it is permissible for a court to refuse payment of sums greater than this amount in 1p and 2p coins in order to settle a debt. The two pence coin was originally minted from bronze, but since 1992 it has been minted in copper-plated steel due to the increasing price of metal. By May 2006 the pre-1992 (97% copper) coins contained 3p worth of copper each. As of May 2006, about 2.55 billion such coins remained in circulation. However, The Royal Mint warned that tampering with coinage is"
"It is still in force unamended. Currency Act 1982 The Currency Act 1982 (c 3) is an Act of the Parliament of the United Kingdom. Following Decimal Day in 1971, when the British monetary system changed from pound/shilling/penny to the metric £1 = 100p system, the new currency was known as the ""new pound"" and therefore the ""new pence"". By 1982, the use of ""new pence"" was out of use, and replaced with ""penny"". The Act sanctions the use of ""penny"" rather than ""new penny"" in common usage, such as on coins produced by the Royal Mint. The Act covers"
"Maundy money is a ceremonial coinage traditionally given to the poor, and nowadays awarded annually to deserving senior citizens. There are Maundy coins in denominations of one, two, three and four pence. They bear dates from 1822 to the present and are minted in very small quantities. Though they are legal tender in the UK, they are never encountered in circulation. The pre-decimal Maundy pieces have the same legal tender status and value as post-decimal ones, and effectively increased in face value by 140% upon decimalisation. Their numismatic value is much greater. Maundy coins still bear the original portrait of"
"Commemorative coins of the United Kingdom Commemorative coins have been issued by the Royal Mint in the United Kingdom since 1935. Initially they only came out to mark events of great interest, but since the turn of the millennium have been minted yearly. Until decimalisation crowns (five shilling coins) were used for this purpose as they were the highest denomination of the time, but due to inflation this rôle has been transferred to higher value coins. Crowns, £5 Coins and (until 1996) £2 Coins are non-circulating, although they are still legal tender. These denominations are only used for commemoratives. During"
"kept on the penny until its abolition after 1970. King George VI's new coins were made current by a proclamation dated 18 March 1937, which went into force immediately. Although the customary Britannia motif was retained for the penny, the halfpenny and farthing were given their own designs. George's pennies (1937–1952) have a left-facing bust of him, also by Paget, with the inscription (to 1948) , and (from 1949) , removing the Latin abbreviation for ""Emperor of India"" after that nation had gained independence. Pennies were produced for circulation dated 1937–1940, and 1944–1951, although when necessary pennies were produced for"
"since 2/6 or half a crown was the standard cost for breakfast pre-decimalisation. Even today, and for all time, bank notes that are no longer legal tender, including those that were issued pre-decimalisation, are exchangeable for their face value (regardless of the possible greater worth if sold or auctioned) if they are taken directly (or posted) to the Bank of England building in Threadneedle Street, London. The last £sd coins to cease being legal tender in the UK after decimal day were the Sixpence (withdrawn 1980), the Shilling (withdrawn 1991) and the Florin (withdrawn 1993). In Australia, as of 2018,"
". In 1913 a final issue of £100 worth of coins was made, bearing the left facing head of King George V with the inscription on the obverse, and the same reverse design, size and weight as before. In 2017 values, the third farthing would have a purchasing power of between 4p and 5p (£0.04 to £0.05). For other denominations, see British coinage. Third farthing The third farthing was a British coin ( of a penny, of a pound) which was produced in various years between 1827 and 1913. The coin was produced in 1827 exclusively for use in Malta,"
"endemic by 1812, as more and more of the Government-issued copper coinage was melted down. The Royal Mint undertook a massive recoinage programme in 1816, with large quantities of gold and silver coin being minted. To thwart the further issuance of private token coinage, in 1817 an Act of Parliament was passed which forbade the manufacture of private token coinage under very severe penalties. Copper coins continued to be minted after 1797, through the reigns of George III, George IV and William IV, and the early reign of Queen Victoria. These later coins were smaller than the cartwheel pennies of"
"of England notes are generally accepted in the Falklands and Gibraltar, but for example Scottish and Northern Irish notes are not. Since all of the bills are denominated in pounds sterling, banks will exchange them for locally issued bills at face value, though some in the UK have had trouble exchanging Falkland Islands pounds. Commemorative £5 and 25p (crown) coins, rarely seen in circulation, are legal tender, as are the bullion coins issued by the Mint. In 2006, the House of Commons Library published a research paper which included an index of prices in pounds for each year between 1750"
"Twenty pounds (British coin) The British twenty pound (£20) coin is a commemorative coin, first issued by the Royal Mint in 2013. It is minted in .999 fine silver. Twenty pound coins are legal tender but are intended as souvenirs and are almost never seen in circulation. The designs which have appeared on the twenty pound coin's reverse are summarised in the table below. There has been four editions of the welsh dragon twenty pound coin. The first two being in 2016, the first was with a card featuring the dragon and the other was the coin on a view"
"referring to them as ""British Grains"". The cost of living in Malta was lower than in Britain, and it was not considered appropriate to introduce them in Britain. The obverse of the 1827 coin bears the left-facing portrait of King George IV, with the inscription while the reverse shows a seated Britannia with shield, facing right and holding a trident, with the inscription . There was no indication of its value. The coin was made of copper, weighed 1.5 to 1.6 grams, and had a diameter of 16 millimetres. In 1835, in the reign of King William IV there was"
"were sufficient legal farthings and halfpennies in commerce. The farthing would not be struck again by the Royal Mint until 1821. From 1775, most copper coins in circulation were counterfeit. The private sector eventually reacted, filling the gap with private tokens starting in 1787, and the Treasury awarded a contract to Matthew Boulton to strike copper coins in 1797. At his Soho Mint near Birmingham, Boulton produced the well-known Cartwheel pennies and twopences, so named for their appearance, the first official British coins struck by steam. The contract did not include producing farthings, though Boulton prepared several patterns. In 1799,"