Traditional Culture Encyclopedia - Traditional culture - Do six British coins form a shield?
Do six British coins form a shield?
The backs of six traditional coins issued in the United Kingdom can form the design of a royal shield. The coins are a new design introduced by the British Mint in 2005. This is the first time in nearly 40 years that the UK has minted new coins in denominations ranging from 1p to 1 pound, with the exception of the 1 pound coin, which follows the old design.
Circulation
Before the 13th century, the common coinage in Britain was mainly pence, and then the silver standard was introduced, which further developed silver coinage. Under the silver standard, the pound sterling, based on one pound of silver, circulated until 1816, when Britain went on the gold standard.
The issuance of the 1-pound gold coin began in 1489 (under Henry II), and under the gold standard, the currency was directly linked to the price of gold, and bank notes could all be exchanged for gold. Gold and silver coins circulated in England for centuries.
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