Twenty pounds (British coin) explained

Denomination:Twenty pounds
Country:United Kingdom
Value:£20
Mass:15.71
Diameter:approx 27
Edge:Milled
Composition:.999 fine silver
Years Of Minting:2013-present
Obverse:British twenty pound coin 2013 obverse.png
Obverse Design:Queen Elizabeth II
Obverse Designer:Ian Rank-Broadley
Obverse Design Date:1998
Reverse:British twenty pound coin 2013 reverse.png
Reverse Design:No standard reverse design;

The British twenty pound (£20) coin is a commemorative denomination of sterling coinage, first issued by the Royal Mint in 2013.[1] It is minted in .999 fine silver.[2] Twenty pound coins are legal tender[3] but are intended as souvenirs and are almost never seen in general circulation.

Design

The designs which have appeared on the twenty pound coin's reverse are summarised in the table below.

Welsh Dragon £20

From 2016 to 2020 the Royal Mint produced a Welsh Dragon £20 on a backdrop of the visitor centre at the Royal Mint Experience. Some of these years have been accompanied by the same coin on a backdrop of the Welsh flag. The visitor centre coin could only be purchased at the shop.[4]

Year Event Design[5] Edge Inscription Designer
2013-Saint George and the DragonMilledBenedetto Pistrucci
2014The 100th anniversary of the outbreak of the First World WarBritannia and a lion on the left-hand side with warships in the background. An inscription above and to the right reads, and below and to the left of that the dates John Bergdahl
2015The 50th anniversary of Sir Winston Churchill's deathWinston ChurchillEtienne Millner
The Longest Reigning MonarchThe five portraits of Queen Elizabeth II to appear on British coinage above the words "EIIR The Longest Reign"Stephen Taylor
201690th Birthday of Queen Elizabeth IIThe royal cypher wreathed and crowned, all surrounded by rosesChristopher Hobbs
Welsh Dragon CelebrationThe Welsh dragonNorman Sillman
ChristmasThe nativityGregory Cameron
2017Platinum Wedding Anniversary of Queen Elizabeth II and Prince PhilipEquestrian portrait of the Queen and Prince PhilipJohn Bergdahl
2019Welsh Dragon CelebrationThe Welsh dragonNorman Sillman

Legal tender status

The prolific issuance since 2013 of silver commemorative £20, £50 and £100 coins at face value has led to attempts to spend or deposit these coins,prompting the Royal Mint to clarify the legal tender status of these silver coins.[6] [7] Royal Mint guidelines advise that they are considered to be limited edition collectables not intended for general circulation.

External links

Notes and References

  1. https://www.telegraph.co.uk/finance/currency/10288185/Royal-Mint-creates-first-20-coin.html Royal Mint creates first £20 coin
  2. Web site: £20 coin on its way - but expert says it's only worth £8 . The Guardian . 5 September 2013.
  3. Web site: Are £20 coins legal tender? . dead . Royal Mint . 9 April 2014 . 12 April 2014 . https://web.archive.org/web/20140412085119/http://blog.royalmint.com/are-20-pound-coins-legal-tender/ .
  4. Web site: The Royal Mint announces Welsh Dragon Silver £20 coin. Royal Mint.
  5. http://www.royalmint.com/discover/uk-coins/coin-design-and-specifications/five-pound-coin Five Pound Coin Designs and Specifications
  6. Web site: Legal Tender Guidelines | the Royal Mint.
  7. Web site: How the Royal Mint is Attempting to Redefine "Legal Tender" for Collector Coins. 27 March 2016.