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Public invited to design tails side of new £1 coin Public invited to design tails side of new £1 coin
(35 minutes later)
The chancellor has invited the public to design the tails side of a new £1 coin, which will enter circulation in 2017.The chancellor has invited the public to design the tails side of a new £1 coin, which will enter circulation in 2017.
The designs will need to show what Britain, or Britishness means. The winner will receive £10,000, and be invited to visit the Royal Mint to strike their own design on a new £1.The designs will need to show what Britain, or Britishness means. The winner will receive £10,000, and be invited to visit the Royal Mint to strike their own design on a new £1.
The Queen will be on the other side of the coin. It will have a 12-sided shape similar to the pre-decimilisation "threepenny bit", with a gold-coloured outer ring and a silver-coloured centre. The proposed £1 will be the world's most secure circulating coin, according to the Treasury. The Queen will be on the other side of the coin. It will have a 12-sided shape similar to the pre-decimalisation "threepenny bit", with a gold-coloured outer ring and a silver-coloured centre. The proposed £1 will be the world's most secure circulating coin, according to the Treasury.
All entries must be submitted by 30 October, and a public consultation starts today and runs until 21 November.All entries must be submitted by 30 October, and a public consultation starts today and runs until 21 November.
George Osborne said: "Today we're asking people across the UK to help us design the new £1 coin. Think about your favourite landmark, or a great British achievement or a symbol from our islands' story. The winning design will be in millions of people's pockets and purses. It'll be heads you win; tails, it's your design."George Osborne said: "Today we're asking people across the UK to help us design the new £1 coin. Think about your favourite landmark, or a great British achievement or a symbol from our islands' story. The winning design will be in millions of people's pockets and purses. It'll be heads you win; tails, it's your design."
But, designs must not include a recognisable likeness of a known person, whether living or dead and must be your own work, in pencil, ink, paint or using computer drawing or design software. Designs must not include a recognisable likeness of a known person, whether living or dead and must be your own work, in pencil, ink, paint or using computer drawing or design software.
Last year Jane Austen was chosen as the new face of the £10 note, in a victory for campaigners demanding more female representation on the nation's cash. The move was designed to quell the storm of protest unleashed when the then Bank of England governor, Sir Mervyn King, announced that the only woman to appear on an English banknote other than the Queen – the prison reformer Elizabeth Fry – would be replaced by Winston Churchill. Fry and Florence Nightingale are the only two women, other than the Queen, to have appeared on British banknotes since they started portraying historical figures in 1970.Last year Jane Austen was chosen as the new face of the £10 note, in a victory for campaigners demanding more female representation on the nation's cash. The move was designed to quell the storm of protest unleashed when the then Bank of England governor, Sir Mervyn King, announced that the only woman to appear on an English banknote other than the Queen – the prison reformer Elizabeth Fry – would be replaced by Winston Churchill. Fry and Florence Nightingale are the only two women, other than the Queen, to have appeared on British banknotes since they started portraying historical figures in 1970.
The Royal Mint recently struck a £20 silver coin commemorating the 100th anniversary of the first world war. It is only the second £20 coin produced by the mint. Designed by the sculptor John Bergdahl, it carries an image of Britannia watching as the first British troops set sail across the Channel.The Royal Mint recently struck a £20 silver coin commemorating the 100th anniversary of the first world war. It is only the second £20 coin produced by the mint. Designed by the sculptor John Bergdahl, it carries an image of Britannia watching as the first British troops set sail across the Channel.