# Fundraising opportunities from new and old banknotes and coins in 2017

- Link: https://fundraising.co.uk/2017/03/07/fundraising-opportunities-new-old-banknotes-coins-2017/
- Published: 2017-03-07T14:35:58+00:00
- Author: Howard Lake

**2017 sees the introduction of a new £1 coin in the UK. But there are other key
dates regarding banknotes and coins – and opportunities for fundraisers – throughout
the year.**

We have already seen the introduction of a commemorative £5 coin featuring King 
Canute on 6 January, marking the 1,000th anniversary of his coronation. Here are
some more commemorative and circulating coins due to be introduced in 2017, together
with bank note developments. 

## 28 March

> Introducing the highly secure [#newpoundcoin](https://twitter.com/hashtag/newpoundcoin?src=hash&ref_src=twsrc%5Etfw)!
> Available from 28 March 2017: [https://t.co/ZXPtHOnNix](https://t.co/ZXPtHOnNix)
> [pic.twitter.com/Ite1Crnt2I](https://t.co/Ite1Crnt2I)
> 
> ## Advertisement
> 
> — The Royal Mint (@RoyalMintUK) [February 26, 2017](https://twitter.com/RoyalMintUK/status/835844380372041731?ref_src=twsrc%5Etfw)

The [12-sided bimetallic £1 coin](http://www.thenewpoundcoin.com/) is introduced,
the first new £1 coin design in over 30 years. The Royal Mint claims it will be “
the most secure coin in the world”.

Its introduction will have the benefit of reducing the number of fake £1 coins in
circulation – and therefore likely to find their way into charity collection boxes
and shop tills. [Around one in 30 round pound coins is fake](http://www.thenewpoundcoin.com/).

It was put on trial at the Trial of the Pyx on 30 January 2017. This is an annual
quality assurance ceremony, first recorded in 1382. The trial was adjourned, as 
is the custom, until May when the Trial’s verdict is expected to approve it.

From 28 March, both the 12-sided and the current round pound will, for just over
six months, be in use at the same time.

The Royal Mint has been producing 1.5 billion of the new coins since last year. 
Visitors to the secure building in Llantrisant in the last quarter of 2016 could
watch them being minted.

> Even more special to have coins made in Wales. Shows importance of the union [#newpoundcoin](https://twitter.com/hashtag/newpoundcoin?src=hash&ref_src=twsrc%5Etfw)
> With [@AlunCairns](https://twitter.com/AlunCairns?ref_src=twsrc%5Etfw) [@RoyalMintUK](https://twitter.com/RoyalMintUK?ref_src=twsrc%5Etfw)
> museum [#PennyLane](https://twitter.com/hashtag/PennyLane?src=hash&ref_src=twsrc%5Etfw)
> [pic.twitter.com/DkyDDtkgcw](https://t.co/DkyDDtkgcw)
> — Baroness Neville-Rolfe (@LNevilleRolfe) [February 14, 2017](https://twitter.com/LNevilleRolfe/status/831516587517681664?ref_src=twsrc%5Etfw)

You could have designed the coin if you had successfully entered the [Royal Mint’s design competition](https://www.fundraising.co.uk/2014/09/14/royal-mint-invites-designs-new-1-coin/)
in 2014, the year that the new coin was announced and businesses were invited to
prepare for its introduction. It was won by 15-year-old David Pearce with his design
featuring the English rose, the Northern Irish shamrock, the Scottish thistle and
the Welsh leek rising from a royal coronet.

Following the success of the [#firstfiver and #fivergiver](https://fundraising.co.uk/2016/09/27/firstfiver-charities-responded-simple-fundraising-idea/)
campaign, an idea from John Thompson that is reported to have [raised £12.5 million](https://fundraising.co.uk/2016/11/14/firstfiver-campaign-may-raised-12-5m-says-caf-research/),
will your charity be inviting a donation of **#newpoundcoin**?

> Want ideas of what to do with your old 'round pounds' when the new £1 coin comes
> in? We've got plenty! [https://t.co/DVqPlDeEWS](https://t.co/DVqPlDeEWS) [#quid4kids](https://twitter.com/hashtag/quid4kids?src=hash&ref_src=twsrc%5Etfw)
> [pic.twitter.com/zm9ZnM4Jqn](https://t.co/zm9ZnM4Jqn)
> — Demelza Charity (@DemelzaCharity) [March 1, 2017](https://twitter.com/DemelzaCharity/status/836960830583341056?ref_src=twsrc%5Etfw)

> Great idea from [@macmillancancer](https://twitter.com/macmillancancer?ref_src=twsrc%5Etfw)
> to make sure those old £1 coins are collected up! [pic.twitter.com/uuW1mhDcbo](https://t.co/uuW1mhDcbo)
> — Sarah Goddard (she/her) (@FundraiserSarah) [March 25, 2017](https://twitter.com/FundraiserSarah/status/845728930703314947?ref_src=twsrc%5Etfw)

 

## April

A new £2 coin design featuring first world war aviators will be introduced.

## End of April

The £1 coin should have reached all banks and retailers.

## 5 May

The old paper (cloth actually) £5 notes, with prison reformer Elizabeth Fry on the
reverse, cease to be [legal tender](http://edu.bankofengland.co.uk/knowledgebank/what-is-legal-tender/)
and will not be accepted by retailers. Yes, that does mean the fiver will be withdrawn
on the fifth day of the fifth note. Which is the day after 4th May (or ‘May the 
Fourth’ if you’re a Star Wars fan).

You can exchange one at face value in perpetuity by presenting it at the Bank of
England, by post or in person.

Charity shops and other sector retailers might find the Bank of England’s [downloadable poster about the Paper £5 withdrawal](http://www.bankofengland.co.uk/banknotes/Pages/educational.aspx)
useful.

[⌊Paper £5 note withdrawal poster - Bank of England⌉⌊Paper £5 note withdrawal poster-
Bank of England⌉[

_Paper £5 note withdrawal poster – image: Bank of England_

We’ve had **#firstfiver**, so why not ask supporters for their **#finalfiver**?
This will become a little less straightforward from this date as the old notes will
need to be separated and presented at the bank. It makes sense therefore to start
appealing for these notes sooner rather than later.

> Did you know your old £5 will stop being legal tender on May 5? Thank you Daisy
> for donating your [#FinalFiver](https://twitter.com/hashtag/FinalFiver?src=hash&ref_src=twsrc%5Etfw)
> [#LastFiver](https://twitter.com/hashtag/LastFiver?src=hash&ref_src=twsrc%5Etfw)
> to [@smhbasingstoke](https://twitter.com/smhbasingstoke?ref_src=twsrc%5Etfw) [pic.twitter.com/MYni0W966g](https://t.co/MYni0W966g)
> — St. Michael's Hospice (@smhbasingstoke) [February 14, 2017](https://twitter.com/smhbasingstoke/status/831480687169503233?ref_src=twsrc%5Etfw)

 

## 17 July

A £5 commemorative coin will mark the 100th anniversary of the House of Windsor,
when the Royal Family changed its name from Saxe-Coburg-Gotha.

View the [Bank of England’s video](https://www.facebook.com/theroyalmint/videos/1375471449194097/)
on Facebook.

 

## 18 July

A new £2 coin design featuring Jane Austen will enter circulation, marking the 200th
anniversary of the author’s death.
 

> In 2017, we celebrate an enduring romance with Jane Austen and her works: [https://t.co/2ZGHIBZCAv](https://t.co/2ZGHIBZCAv)
> [#WorldBookDay](https://twitter.com/hashtag/WorldBookDay?src=hash&ref_src=twsrc%5Etfw)
> [pic.twitter.com/kIDxpA9nWK](https://t.co/kIDxpA9nWK)
> — The Royal Mint (@RoyalMintUK) [March 2, 2017](https://twitter.com/RoyalMintUK/status/837233486566211584?ref_src=twsrc%5Etfw)

Is this an opportunity to appeal for your **#lasttwopoundcoin** and **#newtwopoundcoin**?

## August

An estimated half of all pound coins in operation will be the new £1 coin.

## September

A 50p featuring Sir Isaac Newton will be introduced.

> In 2017, we celebrate the life and work of Sir Isaac Newton. See the coins of 
> 2017: [https://t.co/jpWra79ZIS](https://t.co/jpWra79ZIS) [pic.twitter.com/miHi8zePsl](https://t.co/miHi8zePsl)
> — The Royal Mint (@RoyalMintUK) [February 17, 2017](https://twitter.com/RoyalMintUK/status/832598251320774656?ref_src=twsrc%5Etfw)

 A new [£10 polymer note featuring Jane Austen](https://fundraising.co.uk/2013/07/25/jane-austen-appear-10-note/)
will be issued, one year after the first polymer note was issued by the Bank of 
England, the £5 note. They will both continue to be produced using tallow, an animal
slaughter product. 

 If you focus on just one coin or banknote campaign this year, this is the one 
with the highest individual value. So, **#lasttenner** and **#firstnewtenner** might
be in some charities’ plans.

## 15 October

The round £1 coin will be withdrawn. From this point retailers will not be obliged
to accept them as payment.

However, you can still take them to the bank to be exchanged.

## Watch: The coins of 2017 by The Royal Mint

 

 * **Which new/old coins and banknotes are you planning to ask supporters to donate
   this year?**

## Comments

### By: HowardLake

- Link: https://fundraising.co.uk/2017/03/07/fundraising-opportunities-new-old-banknotes-coins-2017/#comment-2883
- Published: 2017-03-27T16:39:00+01:00

\#poundsforhounds
 A good hashtag from Kirsty Weakley: [https://twitter.com/kirstyweakley/status/846368394513395712](https://twitter.com/kirstyweakley/status/846368394513395712)

### By: HowardLake

- Link: https://fundraising.co.uk/2017/03/07/fundraising-opportunities-new-old-banknotes-coins-2017/#comment-2884
- Published: 2017-03-27T18:31:00+01:00

[https://twitter.com/Police\_Memorial/status/846386211518382085](https://twitter.com/Police_Memorial/status/846386211518382085)

### By: HowardLake

- Link: https://fundraising.co.uk/2017/03/07/fundraising-opportunities-new-old-banknotes-coins-2017/#comment-2885
- Published: 2017-05-05T16:32:00+01:00

Here is CLIC Sargent’s campaign, tying in with May the fourth, Star Wars Day.
 [https://twitter.com/CLIC\_Sargent/status/860021220133273600](https://twitter.com/CLIC_Sargent/status/860021220133273600)

### By: HowardLake

- Link: https://fundraising.co.uk/2017/03/07/fundraising-opportunities-new-old-banknotes-coins-2017/#comment-2886
- Published: 2017-08-16T23:25:00+01:00

Pudsey wants your round pounds for BBC Children in Need:
 [https://twitter.com/BBCCiN/status/897880650820100096](https://twitter.com/BBCCiN/status/897880650820100096)
