Almost 50 years ago, the ten bob note was in every wallet, purse and pocket in Britain. The 10 Shilling banknote would have been recognisable to every schoolchild in Britain, a fact that certainly isn’t the case today!
Worth the equivalent of 50p, back then it would have bought you 6 pints of beer, 10 loaves of bread, or 17 pints of milk. It’s hard to imagine a 50p going so far these days!
The 10 Shilling banknote was the smallest denomination note ever issued by the Bank of England. The denomination was first issued as a banknote by the Treasury during the First World War as an emergency currency and was then issued as a generally circulating note by the Bank of England from 1928.
However, in 1966 when the decision was made to convert Britain’s coinage to a decimal currency it sadly meant saying goodbye to the well-loved 10 Shilling Note.
Under this new system, there was no place for the 10 bob note. It was decided that the new decimal replacement should be issued as a coin, the main reason being that notes had an average lifetime of about five months so it was inefficient to keep replacing a note with such a low denomination.
As a result, the first ever 7-sided coins was introduced in 1969 – the now instantly recognisable 50p coin. The two currencies co-existed for around a year, but finally, on 22nd November 1970, the old 10 bob note ceased to be legal tender.
Almost 50 years on, the 50p is now a staple of British culture and one of the most collectable coins internationally. The 10 bob note stands as an important reminder of the pre-decimal coinage our generation grew up with and also of one of the most significant moments in the history of British currency – decimalisation.
If you’re interested…
Today you have the opportunity to own a FINE SILVER reproduction of the 10 Shilling Banknote for JUST £45. But with limited stock available, you will need to act quickly to secure this perfect piece of nostalgia…
Click here to order your FINE SILVER reproduction 10 Shilling Note >>>
All those in full time education on the Isle of Man recently received a specially minted coin to mark the First World War Armistice Centenary.
In a move designed to ensure the younger generations do not forget the sacrifices made by those who fought in First World War, they were each given a distinctive 50p coin featuring selectively coloured red poppies. Each coin, commissioned by the Treasury, was presented in its own individual display case to ensure that it could be kept safe and handed down to future generations.
The reverse of this coin features the First World War soldier from the Douglas war memorial, with the words ‘Their name liveth for evermore’ and the dates ‘1914 1918’, beneath which are the Roman numerals ‘XI.XI.XI’ as a reminder of the final time and date of the War’s end.
Coins to enter circulation
There’s also great news for collectors on the Island as Cupro-Nickel versions of these coins, without the selective colouring, will be released into general circulation.
A launch event was held at the Legislative Buildings on the Island with the President of Tynwald, Speaker of the House of Keys, the Chief Minister and Treasury Minister in attendance, along with a number of other specially invited guests.
Specially commissioned Proof version
Working in partnership with the IOM Government, The Westminster Collection developed a proof version of this hugely poignant coin, struck to the highest possible finish. When you consider the importance of the centenary anniversary alongside the tiny worldwide edition limit of just 1,950,it comes as no surprise that they sold out in a matter of days.
However, The Westminster Collection are also offering specially struck collector quality “Brilliant Uncirculated” coins that are guaranteed not to have the scratches and chips of normal circulation coins.
What’s more, this coin has been officially approved and produced in partnership with The Royal British Legion.
10% from the sale of each coin will be donated to the Legion who provide lifelong support for the Armed Forces community- serving men and women, veterans and their families.
If you’re interested…
Today you can secure your very own First World War Centenary 50p. All you have to do is click here >>
Today His Royal Highness Prince Charles celebrates a huge landmark birthday – his 70th!
It seems that his birthday festivities have already begun – back in May, he attended a Buckingham Palace garden party laid on in his honour; he has curated a special exhibition called ‘Prince and Patron’ at Buckingham Palace, featuring some of his favourite artworks; and for the first time he has scheduled a tour of Gambia, Ghana and Nigeria with his wife, the Duchess of Cornwall.
What’s more, it is believed that Her Majesty the Queen is planning an extravagant party to honour this momentous occasion, at which members of his family as well as European royalty will come together and pay tribute to the Prince of Wales’ long and fruitful life so far.
And what a interesting life it has been! As the longest-serving heir apparent in British history, he has a number of notable accomplishments well beyond the call of duty. He became the first ever heir apparent to earn a university degree when he graduated from Cambridge in 1970, and in 2011 surpassed his great-great-grandfather Edward VII as the longest-serving Prince of Wales in history, after being awarded the title at the tender age of 9.
After university he served in several branches of the British military until 1976, in particular the Royal Navy, during which time he rose to the rank of Lieutenant and commanded the minesweeper HMS Bronington with a crew of 32. In 2011, Her Majesty awarded Charles the honorary rank of Admiral of the Fleet.
It seems fitting then, that a brand new portrait has been specially commissioned to recognise the 70 thoroughly active years of Prince Charles’ life – a portrait created by none other than renowned artist and sculptor Luigi Badia and officially approved by Her Majesty the Queen.
Special portraits like this are few and far between, and therefore are always popular with collectors – especially portraits as detailed and remarkably accurate as this one. The stunning design has been painstakingly hand-engraved by Badia, with particular attention being paid to retain the circular shape of the wording accompanying the portrait – “HRH The Prince of Wales – 70th Birthday”.
If you’re interested…
This brand new design has been issued in a number of specifications, from a Proof £5 right up to a stunning Gold Proof One Pound Coin, which are all available from The Westminster Collection. However, with their surprisingly low editions and the significance of this Royal birthday, I suggest you act now if you’re looking to mark the occasion with a very special new coin.