For the first time, the UK’s Overseas Territories and Crown Dependencies will be able to create their own versions of the iconic 12-sided £1 coin, reflecting the culture and history of our island nations https://t.co/4c75PwKhkw pic.twitter.com/81yM5TovdD
— Philip Hammond (@PhilipHammondUK) January 6, 2019
FOR the first time ever Gibraltar will be able to design its own 12-sided one pound coin, the Royal Mint has revealed.
But the Rock is expected to create a new design with a map showing the EU area without the UK.
The 14 UK Overseas Territories are expected to produce coins with ‘images celebrating their heritage,’ according to the UK Treasury.
However Gibraltar, which is set to leave the EU on March 29 despite voting 96% to remain, appears to be recognising Brexit with its new mintage.
“The current thinking is to have an outline map of the EU area without the UK, with the Union Jack symbolising the past and the future,” said a spokesperson for the Government of Gibraltar.
The Government did say that they did not know at this stage how the design would be selected or who the designer would be.
Introduced in 2017, the 12-sided one pound coin is the ‘most secure of its kind in the world’, according to the Treasury.