Portsmouth bids for HMS Victory and Spinnaker Tower design on new £1 coin

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THEY’RE landmarks that attract thousands of visitors every year.

Now images of HMS Victory and the Spinnaker Tower could take pride of place on the back of a £1 coin.

The Leader of Portsmouth City Council Gerald Vernon-Jackson with the design''  Picture: Sarah Standing (141068-3581) PPP-140804-162244001

The Leader of Portsmouth City Council Gerald Vernon-Jackson with the design'' Picture: Sarah Standing (141068-3581) PPP-140804-162244001

Councillor Gerald Vernon-Jackson, leader of Portsmouth City Council, wants the Royal Mint, which makes the UK’s coins, to produce a Portsmouth-themed pound that includes pictures of both tourist destinations.

A prototype of how it would look has been made by a graphic designer from the council and will be put forward to the Royal Mint soon for consideration.

Cllr Vernon-Jackson, leader of the Liberal Democrat group, said other cities could follow suit and want to have their destinations included.

‘My idea is it would be good to have coins from different cities around the country, and this would be the Portsmouth pound,’ he said.

A close up of the design for a Portsmouth �1 coin

A close up of the design for a Portsmouth �1 coin

‘I thought we should put in a bid for a Portsmouth pound celebrating Portsmouth’s history and great attractions, with HMS Victory and the Spinnaker Tower.

‘It would be great for people to have Portsmouth pounds in their pockets.

‘I hope the Royal Mint will say yes and I am sure other cities will want to follow Portsmouth.

‘We need to celebrate Portsmouth – it’s a great waterfront city.

‘We have millions of people coming to visit every year.

‘Let’s advertise our city, let’s celebrate our history.’

If the bid is successful, then the coin would come into circulation in 2017, when new £1 coins with 12 points are introduced.

They will be of similar shape to the pre-decimal brass three pence coin – also known as a threepenny bit – and be around the same size as the current £1 coin.

They will be bi-metallic like the £2 coin and it’s hoped the changes would make counterfeiting more difficult.

Councillor Hugh Mason, deputy leader of the council and cabinet member for resources, said: ‘I back the idea to the hilt, for the simple reason that anything that will bring investment into Portsmouth and sell us around the world, which this will, is a great news story for Portsmouth.

‘It’s an usual idea, but it’s a very good idea. It’s all about raising the profile of the city.’

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