Una and the Lion – The World’s Most Beautiful Coin?

Storytelling through coins, is one of the most significant ways historical events are recalled, for the simple reason that currency is a constant that has always been around in one form or another. It has adapted, changed and transformed, but it is always there telling a story of history…

There’s one coin in particular though that holds more meaning and beauty than any other, blending fact and fiction to produce what can only be described by many as the world’s most beautiful coin. Una and the Lion.

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The Trial of the Pyx – What is it, and why does it exist?

trial of the pyx
The Trial of the Pyx is one of Britain’s longest-established judicial ceremonies; held since the 12th century and remaining largely unchanged since that date and Henry III’s reign.

The word ‘pyx’ comes from the Latin word ‘pyxis’ or small box, and in this case refers to the chests used to store and transport the coins ready for the trial. Throughout the year, coins are randomly selected from every batch and denomination struck, sealed in bags of 50 and locked away in ‘Pyx’ boxes ready for testing to commence at the Trial of Pyx.

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The 2020 Pre-Decimal 50th Anniversary Gold Sovereign Range

The 2020 Pre-decimal 50th Anniversary Gold One-Eighth Sovereign Banner
In 1970, the last ever pre-decimal coins were struck. Pre-Decimal coinage is however very much still heard and seen today, despite there being many younger generations who have only ever known ‘Decimal’ currency of pounds and pence, missing out on centuries of history and tradition.

Decimalisation, or Decimal Day as it is most known, occurred in 1971 after the pre-decimal system was deemed too complicated with pounds, shillings and pence. Initially, the plan was to make the new decimal currency into cents and dollars (known more in the USA), but this was reconsidered, and pounds and pence were the chosen coinage.

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Timeline of the 200 Years of the British Gold Sovereign

The British Sovereign was first imagined in 1489 by King Henry VII, after he instructed officers of his Royal Mint to produce a ‘new money of gold’. Prior to that point, England had enjoyed circulating gold coinage for almost a century and a half, but the new coin, named a Sovereign, was to be the largest coin both in size and value.

Then in 1817, the ‘new sovereign’ made its debut with a newly imagined design featuring St George slaying the dragon. The new design was created by Italian gem engraver Benedetto Pistrucci and was destined to become one of the world’s most loved coin designs.

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Queen Elizabeth II: Pre Decimal vs Decimal Coins

decimal day
Although decimalisation occurred in 1971, the names of pre decimal coinage can still be seen and heard today; making them very much a part of British Culture and history. For the period before decimalisation, Britain relied on a system of pounds, shillings and pence.

There were 12 pennies to the shilling and 20 shillings to the pound.  There were also Half Crowns, Three Pennies, Sixpences and Farthings. Prior to the decimal era, many had problems dealing with the complicated system, with Sir John Bowring, a Member of Parliament at the time, being one of the first calling to change to a currency based on units of ten.

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Ask the Expert – Peter Hutchison – Q&A

ask the expert

Here at Hattons of London, we pride ourselves on being coin experts. That’s why we decided to introduce our ‘Ask the Expert’ series , with our own Heritage Coin expert, Peter Hutchison. Peter has years of experience in the coin industry, residing in Australia but having a strong interest in British coinage in particular. Every week he’s answering a different question on on of the greatest sovereigns in the world. Today however, we’re talking to Peter about how his interest in heritage coins began, and what his favourite coins are.

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