New legal British tender revealed
{{date|April 2, 2008}}

{{United Kingdom}}For the first time in 40 years, the [[w:Royal Mint|Royal Mint]] has chosen a new set of designs for the reverse of the coins, first introduced in the [[w:Coins_of_the_pound_sterling#Coin_Design_Competition_2005|Coin Design Competition 2005]]. The designer, [[w:Matthew Dent (designer)|Matthew Dent]] of Bangor, North [[Wales]], was paid £35,000  ([[w:GBP|GBP]]) for his designs, which depict the Shield of the Royal Arms spread over the six denominations below £1, with the entire shield embossed on the £1 coin.

The new coins are expected to come into circulation this summer - and Mr Dent envisions a success: “I can imagine people playing with them, having them on a tabletop and enjoying them. I felt it was important to have a theme running through from one to another." he said, referring to the puzzle-like nature of the new design, which requires the coins to be arranged in a particular way to see the Shield of the Royal Arms.

The chief executive of the Royal Mint, Andrew Stafford, has said that the obverse of the coins will still depict the portrait of the [[w:Elizabeth_II_of_the_United_Kingdom|Queen]], like it has since 1998. The old coins will remain legal tender until they slip out of circulation.

{{haveyoursay}}

== Sources ==
*{{source|url=http://www.timesonline.co.uk/tol/news/uk/article3666992.ece|title=Britannia rules no more as new UK coins unveiled|author=Nico Hines|pub=Times Online|date=April 2, 2008}}
*{{source|url=http://news.bbc.co.uk/1/hi/wales/north_west/7326830.stm|title=Coin designer's 'dream come true'|author=George Herd  |pub=BBC News|date=April 2, 2008}}
*{{source|url=http://www.royalmint.gov.uk/reports/designspressrelease.pdf|title=Royal Mint unveils new United Kingdom coins|pub=Royal Mint|date=April 2, 2008}}

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[[Category:United Kingdom]]
[[Category:Economy and business]]
For the first time in 40 years, the Royal Mint has chosen a new set of designs for the reverse of the coins, first introduced in the Coin Design Competition 2005. The designer, Matthew Dent of Bangor, North Wales, was paid £35,000  (GBP) for his designs, which depict the Shield of the Royal Arms spread over the six denominations below £1, with the entire shield embossed on the £1 coin.

The new coins are expected to come into circulation this summer - and Mr Dent envisions a success: “I can imagine people playing with them, having them on a tabletop and enjoying them. I felt it was important to have a theme running through from one to another." he said, referring to the puzzle-like nature of the new design, which requires the coins to be arranged in a particular way to see the Shield of the Royal Arms.

The chief executive of the Royal Mint, Andrew Stafford, has said that the obverse of the coins will still depict the portrait of the Queen, like it has since 1998. The old coins will remain legal tender until they slip out of circulation.
United Kingdom Economy and business