The UK and the Six: coin convergence and divergence

[<k>]

EFFIGIES USED AT THE END OF THE REIGN OF ELIZABETH II.

UK: the couped effigy by Jody Clark.

Isle of Man: the uncouped effigy by Jody Clark.

Saint Helena and Ascension: the Maklouf effigy.

Jersey and Guernsey: the Rank-Broadley effigy.

Falkland Islands and Gibraltar: the Pobjoy effigy.

[<k>]

THE BIMETALLIC CIRCULATING ONE POUND COIN.



UK, 1 pound coin, 2017.

The 12-sided bimetallic UK 1 pound coin was issued on 28 March 2017. Many of the new coins were dated 2016.

The coin was introduced to combat forgery, because many round pound coins in circulation were fake.

The round pound coin was demonetised at midnight on 15 October 2017.




Falkland Islands, 1 pound, 2020.

Usually, the Six quickly follow the UK's lead.

The Falkland Islands issued its own circulating 1 pound coin in 2020.

To date, however, nobody else has followed the UK's lead.

[<k>]

DEMONETISATION OF LOW VALUE DENOMINATIONS?



Gibraltar, 2014 series.

Gibraltar issued a new design series in early 2015, though the coins themselves were dated 2014.

The set did not include a penny or a two pence coin.

The next design series, issued in 2017, did include those denominations.




Isle of Man, 2017 series.

The Isle of Man introduced a new design series in 2017.

The set did not include a penny or a two pence coin.

The next design series, scheduled for 2023, also omits those denominations.


See:  Isle of Man considers abolishing 1, 2 and 5 pence coins.

[<k>]

PROTOTYPE MANX 1, 2 AND 5 POUND COINS.

Usually the UK issues a new circulation coin type and then the Six follow its example.

That is not always the case, however.

So far I have deliberately ignored the Isle of Man's innovations.

This is because their specifications did not conform to those of the later issues.

Nor did their specifications conform to those in the rest of the sterling area.


See also:

Isle of Man circulation 1 and 5 pound coins.

Isle of Man: the first circulation 2 pound coins.

[<k>]

Here I will throw the topic open for discussion.

For coins of Charles III's reign, I think it would be best to start a new topic.

[<k>]

Isle of Man, 5 pounds, 2017.

Image © Change Checker.

Our forum member eurocoin has told me:

I do think that the circulating Manx 5 pound coin, first issued in 2017, should have been included. I think circulating 5 pound coins may be the future.

That coin is 32 mm in diameter and weighs 11.7 grams. There has been a long trend away from such heavy coins, so I think it would not be popular with the public.

A 5 pound coin will probably be required in the future, but that must be several years away.

For now, I am very satisfied with our UK polymer 5 pound note.

See also: When will we see a regular circulating UK 5 pound coin ?.




Gibraltar, 5 pounds, 2010.

Image © Michael Reissner

See: Gibraltar, 5 pounds, 2010.

Our forum member andyg commented:

"This is not a circulation coin. £5 banknotes are used in Gibraltar."

Ex-forum member Aidan Work responded:

The official press release through the Gibraltar Chronicle states that this will also circulate along with the Gibraltarian 5 Quid note.

Andyg countered:

"The press release has said that about every £5 coin issued, yet in practice they do not circulate.
Jersey / Guernsey / Isle of Man and UK £5 coins do not circulate either, but they are legal tender."