Please open up a new ‘Word’ document. At the top please put the title ‘Coins and Banknotes’. Put your name below this. During the course of this lesson, you will have some questions to answer. You should type these answers into the document that you have created.

What is ‘money’? 1.In your own words, write down what you think ‘money’ is.

What is ‘money’? Money is anything that is generally accepted as payment for goods and services.

We are learning to Identify the main features of coins and banknotes

Denominations 2:Why are banknotes and coins made with different values written on them? 3:What are the denominations of UK coins? 4:What are the denominations of UK banknotes?

Coins Coins are made to very precise measurements, using a combination of metals: copper-plated steel, cupro-nickel or nickel-brass. One side shows the monarch’s head (at present, Queen Elizabeth II), while the other side carries a design. This design is different for each coin and it sometimes changes. The edges of our coins are either smooth or milled (given ridges).

5:The monarch’s portrait changes as they get older. How many times has Queen Elizabeth’s profile changed since 1953?

Who makes British coins?

The Royal Mint makes British coins in Llantrisant, South Wales. There have been Royal Mints in England since 886, when King Alfred the Great was on the throne.

Visit to find the numbers of coins in circulation. Write down how many of each type of coin is in circulation. 6:Do you think there are more £1 coins or more £2 coins in circulation in the UK? 7:What about 20p coins in comparison with 50p coins?

Now that you have finished, please print your document.