One Pound (British Coin)
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One Pound (British Coin)
The British one pound (£1) coin is a denomination of sterling coinage. Its obverse bears the Latin engraving ELIZABETH II D G REG () F D () meaning, 'Elizabeth II, by the grace of God, Queen, Defender of the Faith'. Proclamation of 28 May 1953 made in accordance with the Royal Titles Act 1953. It has featured the profile of Queen Elizabeth II since the original coin's introduction on 21 April 1983. Four different portraits of the Queen have been used, with the latest design by Jody Clark being introduced in 2015. The design on the reverse side of the current, 12-sided coin features four emblems to represent each of the nations of the United Kingdom — the English rose, the leek for Wales, the Scottish thistle, and the shamrock for Northern Ireland, also two or three oak leaves — emerging from a single 5-branched stem within a crown. In May 2022 the Royal Mint announced that the Kenyan-born artist Michael Armitage is designing a new £1 coin which will be issued in 2023 an ...
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Pound (currency)
Pound is the name for a unit of currency. It is used in some countries today and previously was used in many others. The English word ''pound'' derives from the Latin expression , in which lībra is a noun meaning "pound" and ''pondō'' is an adverb meaning "by weight". The currency's symbol is £, a stylised form of the blackletter L (\mathfrak) (from ''libra''), crossed to indicate abbreviation. The term was adopted in England from the weight of silver used to make to 240 pennies, and eventually spread to British colonies all over the world. While silver pennies were produced seven centuries earlier, the first pound coin was minted under Henry VII in 1489. Countries and territories currently using currency units named "pound" Historical currencies * Australian pound (until 1966, replaced by the Australian dollar). The Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New Hebrides and Papua and New Guinea. It was replaced in the New Hebrides/Vanuat ...
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Shamrock
A shamrock is a young sprig, used as a symbol of Ireland. Saint Patrick, Ireland's patron saint, is said to have used it as a metaphor for the Christian Holy Trinity. The name ''shamrock'' comes from Irish (), which is the diminutive of the Irish word and simply means "young clover". At most times'', Shamrock'' refers to either the species (lesser clover, Irish: ) or (white clover, Irish: ). However, other three-leaved plants—such as , , and —are sometimes called shamrocks. The shamrock was traditionally used for its medicinal properties and was a popular motif in Victorian times. Botanical species There is still not a consensus over the precise botanical species of clover that is the "true" shamrock. John Gerard in his herbal of 1597 defined the shamrock as ''Trifolium pratense'' or ''Trifolium pratense flore albo'', meaning red or white clover. He described the plant in English as "Three leaved grasse" or "Medow Trefoile", "which are called in Irish ''Sha ...
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Two Pounds (British Coin)
The United Kingdom, British two pound (£2) coin is a denomination of Coins of the United Kingdom, sterling coinage. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction. Three different portraits of the Queen have been used, with the current design by Jody Clark being introduced in 2015. The reverse design features Britannia. The coin was introduced on 15 June 1998 (coins minted 1997) after a review of the United Kingdom's coinage decided that a general-circulation £2 coin was needed.Two Pound Coin Designs and Specifications
Royal Mint
The new bi-metallic coin design replaced a series of commemorative, uni-metallic coins which were issued between 1986 and 1996 to celebrate special occasions. Although legal tender, tho ...
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Bi-metallic Coin
Bi-metallic coins are coins consisting of two (''bi-'') metals or alloys, generally arranged with an outer ring around a contrasting center. Common circulating examples include the €1, €2, United Kingdom £1 and £2, Canadian $2, South Africa R5, Turkish 1 lira and 50 kurus, Indian ₹10 and ₹20, IDR 1K, 2 and 5 PLN, 50 CZK, 100 and 200 HUF, 1 and 2 BGN, Hong Kong $10, Argentine $1 and $2, Brazilian R$1, Chilean $100 and $500, Colombian $500 and $1000, and all Mexican coins of $1 or higher denomination. History Bi-metallic coins and medals have been issued for a long time. The Roman Empire issued special-occasion, large medallions with a center of bronze or copper and an outer ring of orichalcum, starting with the reign of Hadrian. Meanwhile, circulating bi-metallic coins are known from the 17th century. English farthings from 1684 through 1693 were made of tin with a central plug of copper for value. The silver-center cent pattern produced by the U ...
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Counterfeiting
To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value than the real thing. Counterfeit products are fakes or unauthorized replicas of the real product. Counterfeit products are often produced with the intent to take advantage of the superior value of the imitated product. The word ''counterfeit'' frequently describes both the forgeries of currency and documents as well as the imitations of items such as clothing, handbags, shoes, pharmaceuticals, automobile parts, unapproved aircraft parts (which have caused many accidents), watches, electronics and electronic parts, software, works of art, toys, and movies. Counterfeit products tend to have fake company logos and brands, which results in patent or trademark infringement in the case of goods. They also have a reputation for being lower quality, ...
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Royal Mint
The Royal Mint is the United Kingdom's oldest company and the official maker of British coins. Operating under the legal name The Royal Mint Limited, it is a limited company that is wholly owned by His Majesty's Treasury and is under an exclusive contract to supply the nation's coinage. As well as minting circulating coins for the UK and international markets, The Royal Mint is a leading provider of precious metal products. The Royal Mint was historically part of a series of mints that became centralised to produce coins for the Kingdom of England, all of Great Britain, the United Kingdom, and nations across the Commonwealth. The Royal Mint operated within the Tower of London for several hundred years before moving to what is now called Royal Mint Court, where it remained until the 1960s. As Britain followed the rest of the world in decimalising its currency, the Mint moved from London to a new 38-acre (15 ha) plant in Llantrisant, Glamorgan, Wales, where it has remained sin ...
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Dodecagon
In geometry, a dodecagon or 12-gon is any twelve-sided polygon. Regular dodecagon A regular dodecagon is a figure with sides of the same length and internal angles of the same size. It has twelve lines of reflective symmetry and rotational symmetry of order 12. A regular dodecagon is represented by the Schläfli symbol and can be constructed as a truncated hexagon, t, or a twice-truncated triangle, tt. The internal angle at each vertex of a regular dodecagon is 150°. Area The area of a regular dodecagon of side length ''a'' is given by: :\begin A & = 3 \cot\left(\frac \right) a^2 = 3 \left(2+\sqrt \right) a^2 \\ & \simeq 11.19615242\,a^2 \end And in terms of the apothem ''r'' (see also inscribed figure), the area is: :\begin A & = 12 \tan\left(\frac\right) r^2 = 12 \left(2-\sqrt \right) r^2 \\ & \simeq 3.2153903\,r^2 \end In terms of the circumradius ''R'', the area is: :A = 6 \sin\left(\frac ...
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Royal Bank Of Scotland
The Royal Bank of Scotland plc (RBS; gd, Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retail banking subsidiaries of NatWest Group, together with NatWest (in England and Wales) and Ulster Bank. The Royal Bank of Scotland has around 700 branches, mainly in Scotland, though there are branches in many larger towns and cities throughout England and Wales. The bank is completely separate from the fellow Edinburgh-based bank, the Bank of Scotland, which pre-dates the Royal Bank by 32 years. The Royal Bank of Scotland was established in 1724 to provide a bank with strong Hanoverian and Whig ties. Following ring-fencing of the Group's core domestic business, the bank became a direct subsidiary of NatWest Holdings in 2019. NatWest Markets comprises the Group's investment banking arm. To give it legal form, the former RBS entity was renamed NatWest Markets in 2018; at the same time Adam and Company (which held a separate PRA banking ...
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Manx Pound
The pound (; abbreviation: IMP; sign: £) is the currency of the Isle of Man, at parity with sterling. The Manx pound is divided into 100 pence. Notes and coins, denominated in pounds and pence, are issued by the Isle of Man Government. Parity with sterling The Isle of Man is in a one-sided ''de facto'' currency union with the United Kingdom: the Manx government has decided to make sterling currency legal tender on the island, and to back its own notes and coins with Bank of England notes. Manx government notes may, on demand, be exchanged at par for Bank of England notes of equivalent value at any office of the Isle of Man Bank. All notes and coins that are legal tender in any part of the United Kingdom (e.g. Bank of England notes) are legal tender within the Isle of Man. Unlike Northern Irish and Scottish notes, the UK does not require the Isle of Man government to back the Manx notes and coins with Bank of England notes or securities. There is no restriction under Brit ...
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Guernsey Pound
The pound is the currency of Guernsey. Since 1921, Guernsey has been in currency union with the United Kingdom and the Guernsey pound is not a separate currency but is a local issue of sterling banknotes and coins, in a similar way to the banknotes issued in Scotland, England and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also sterling area). For this reason, ISO 4217 does not include a separate currency code for the Guernsey pound, when distinction from sterling is desired the abbreviation GGP may be used. History Until the early 19th century, Guernsey used predominantly French currency. Coins of the French livre were legal tender until 1834, with French francs used until 1921. In 1830, Guernsey began production of copper coins denominated in ''doubles''. The double was worth of a French franc. The name "double" derived from the French "double deniers", although the value of the coin was equ ...
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Jersey Pound
The pound (french: Livre de Jersey, Jèrriais: Louis de Jersey; abbreviation: JEP; sign: £) is the currency of Jersey. Jersey is in currency union with the United Kingdom, and the Jersey pound is not a separate currency but is an issue of banknotes and coins by the States of Jersey denominated in sterling, in a similar way to the banknotes issued in Scotland and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also '' sterling zone''). ISO 4217 does not include a separate currency code for the Jersey pound, the abbreviation "JEP" may be used if distinction from sterling is desired. Both Jersey and Bank of England notes are legal tender in Jersey and circulate together, alongside the Guernsey pound and Scottish banknotes. The Jersey notes are not legal tender in the United Kingdom and unlike Scottish and Northern Irish banknotes are not authorised by the British Parliament as legal currency in the ...
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Bank Of England £1 Note
The Bank of England £1 note was a sterling banknote. After the ten shilling note was withdrawn in 1970, it became the smallest denomination note issued by the Bank of England. The one pound note was issued by the Bank of England for the first time in 1797 and continued to be printed until 1984. The note was withdrawn in 1988 due to inflation and was replaced by a coin. History One pound notes were introduced by the Bank of England for the first time in 1797, following gold shortages caused by the French Revolutionary Wars. The earliest notes were handwritten, and were issued as needed to individuals. These notes were written on one side only and bore the name of the payee, the date, and the signature of the issuing cashier. Between 1797 and 1821 the lack of bullion meant that banks would not exchange banknotes for gold, but after the end of the Napoleonic Wars the shortage was alleviated such that notes could be exchanged for an equivalent amount of gold when presented at the ...
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