Royal Mint unleash new coins

2 January 2015

50p The new £2 coin is now out and looks quite dashing. The tails side of it features the signing of the Magna Carta 800 years ago in June 1215.

The Royal Mint have tossed them into circulation as of New Years Day, and are now legal tender.

The signing of the Magna Carta agreement, was first drafted by the Archbishop of Canterbury in an attempt to make peace between England’s unpopular King John and a group of rebel barons.

Another of the £2 pieces carries a battleship design to commemorate the centenary of the First World War and the Royal Navy’s crucial role in the conflict.

And there's also a 50p commemorating the 75th anniversary of the 1940 Battle of Britain with a fleet of aircraft.

“The Royal Mint has commemorated significant moments of national and cultural significance on its coins for over 1,000 years,” said Royal Mint director of circulating coin Andrew Mills.

2 pound“By the time these coins turn up in our change later in the year, they will be among the first UK circulating coins to feature the new portrait of the Queen, in what promises to be a very exciting and unusual vintage year for our coinage.”

The three new coin designs have been revealed just days after the Royal Mint announced it would produce 50,000 new commemorative £100 coins featuring Big Ben, which have been minted to celebrate the start of the new year.

And don't forget, there's also a £100 coin, if you want such a thing. They're being sold at face value and will be getting flogged on eBay soon enough, to collectors for more than the value of the coin (so get on that, sharpish for some easy money).

TOPICS:   Economy

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