101 THINGS TO DO WITH OLD COINS…

TODAY’S BLOG

101 THINGS TO DO WITH OLD COINS…

There is a lot of discussion in the media about the UK becoming a cashless society and whilst I think (hope?) that this is a somewhat distant possibility, we do need to consider what that might look like in reality.

A side effect of the covid pandemic has been that most of us have got used to making ‘contactless’ payments and many of us are very happy to purchase items online, so it may be that a majority of the population won’t miss ‘cash’ too much (when/if that day comes).

My Dad (who is a self-confessed dinosaur when it comes to all things ‘tech’) has recently learned to pay for things using his contactless card, but he insists that it is worth keeping a ‘stash of cash’ in case the internet ‘vanishes’!

I should add that he also has an ‘apocalypse’ emergency survival kit just in case of a tornado, tsunami, hurricane etc (he lives in Surrey!). He was never a Boy Scout (but he was an officer for the Boys Brigade many years ago), but as a ‘Boomer’, it is part of his make-up to always be prepared and as my daughter once said “expect the impossible”! (She regularly mixes up her old adages to our amusement).

Anyway – I digress – back to cash!

So what will become of all the coins once they are obsolete?  I’m sure there’s an actual answer for that – something like melting down and re-using the metals, but I think I prefer a rather more artistic method of recycling … enter the Japanese art of coin stacking!

With a steady hand and far more patience than I possess, coin stacking is intricate and mesmerising … take a look

Debbie Harris
Solomons IFA

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GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Mill Cobham Park Road, COBHAM Surrey, KT11 3NE

Email – info@solomonsifa.co.uk    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

101 THINGS TO DO WITH OLD COINS…2023-12-01T12:12:45+00:00

A shield in our midst

A SHIELD IN OUR MIDST…

It’s been more than 13 years since The Royal Mint Advisory Committee opened a public competition to redesign the coins in circulation in the UK.

Of over 4,000 entries, Matthew Dent was the winner.  His design uses the Royal Shield of Arms but what I hadn’t realised until very recently is that if you fit all the coins from the 1p to the 50p together like a jigsaw, the complete shield is revealed!

Dent explained “I felt that the solution to The Royal Mint’s brief lay in a united design. United in terms of theme, execution and coverage over the surface of the coins.”

The shield icon of course is quintessentially British and in my mind is representative of providing protection and security – concepts that are not lost on me from a financial planning perspective!

I think if The Royal Mint threw open a new competition, we would probably see some slightly less traditional imagery in the submitted designs … what would you put on our coins … ?!

A shield in our midst2023-12-01T12:12:51+00:00
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