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Montevideo, March 29th 2024 - 15:17 UTC

Tag: HM Treasury

  • Monday, January 7th 2019 - 08:44 UTC

    New pound coin goes global with rollout to British Overseas Territories

    The coins are expected to feature images celebrating the heritage of these territories, with their history and culture pictured on the reverse side

    United Kingdom Overseas Territories and Crown Dependencies will, for the first time, be able to design and mint their own versions of the new 12-sided £1 coin. The iconic £1 coin has long been recognized around the world and Brits living in UK territories may soon be able to spend unique versions of the new pound, replacing the older coins currently in use, reports the UK Treasury in an official release.

  • Thursday, April 16th 2015 - 08:57 UTC

    British team recovers U$S50m trove of silver coins from sunken ship south of St Helena

    The SS City of Cairo was torpedoed south of St Helena by a German U-boat and sank to 5,150m. The 100 tons of coins were recovered in the deepest salvage operation in history

    A British-led team has recovered a $50m trove of silver coins that has lain on the seabed since the steamship carrying them from Bombay to England was sunk in 1942. The SS City of Cairo was torpedoed 772km south of St Helena by a German U-boat and sank to 5,150m. The 100 tons of coins, recovered in the deepest salvage operation in history, belonged to HM Treasury.