Commemorative £ 5 coins could fund the Prince Philip statue under treasury plans

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£ 5 commemorative coins can be spent to fund a statue of Prince Philip or even a new Royal Yacht Britannia under Treasury plans.

Ministers are said to be considering striking the ‘crowns’ following the death of the Duke of Edinburgh, who died at Windsor Castle last week at the age of 99.

The money raised could then be used to pay for a permanent memorial, already backing the proposal, according to MPs The Telegraph

£ 5 commemorative coins can be spent to fund a Prince Philip statue or even a new Royal Yacht Britannia under Treasury plans

Vice Chairman of the 1922 Committee Sir Charles Walker told the publication: ‘I can think of few better ways to celebrate the full and wonderful life of the Duke of Edinburgh than the issue of a special commemorative coin.

“If the Royal Mint did this, there would be a large number of people – myself included – who would want one of these coins and buy one for children and grandchildren too.”

A commemorative coin is seen as a fitting tribute, given that Prince Philip was the Chairman of the Royal Mint Advisory Committee for 40 years.

But HM Treasury declined to comment while still in the official mourning period.

It comes after Boris Johnson was recently urged to consider sanctioning a successor to the Royal Yacht Britannia as a memorial to the Duke of Edinburgh.

Boris Johnson has been urged to consider approving a successor to the Royal Yacht Britannia as a memorial to the Duke of Edinburgh.  Pictured: The Queen and Prince Philip leave the royal yacht Britannia for the last time in Portsmouth, where it was paid off in 1997

Boris Johnson has been urged to consider approving a successor to the Royal Yacht Britannia as a memorial to the Duke of Edinburgh. Pictured: The Queen and Prince Philip leave the royal yacht Britannia for the last time in Portsmouth, where it was paid off in 1997

Philip traveled 70,000 miles on Britannia, including on two round-the-world trips, before being decommissioned in 1997

Philip traveled 70,000 miles on Britannia, including on two round-the-world trips, before being decommissioned in 1997

Politicians and business leaders called for the construction of the ship that would serve as a sister ship to the aircraft carriers Queen Elizabeth and Prince of Wales.

Prince Philip served in the Royal Navy in World War II and was Lord High Admiral at the time of his death.

He traveled 70,000 miles on Britannia, including two round-the-world trips, before decommissioning in 1997 and was also instrumental in commissioning and designing the original yacht in the 1950s.

Calls for replacement have been made several times, but now MPs believe it would be more appropriate to make the ship a memorial to the duke.

A minister told it Sunday Telegraph that the ship could receive support if it also served as a hospital ship or training ship and as a service for the royal family.

They said, ‘Having a symbol of the nation that can travel the world, be used by the royal family, and have some other sensible purpose, such as helping young people, is a better plan. It could also be a flagship for the revived British shipbuilding industry. ‘

They added that an announcement on such a ship, which would cost around £ 190 million, could be linked to the Queen’s Diamond Jubilee next year.

Number 10 sources cautiously welcomed the proposal for a successor, saying it was a ‘nice idea’ but that they should consider the country’s wider shipbuilding plans first.

Elsewhere, Save Our Statues launched a change.org campaign calling on the Prime Minister to erect a monument to the Duke of Edinburgh in London.

Elsewhere, Save Our Statues is launching a change.org campaign calling on Boris Johnson to erect a monument to the Duke of Edinburgh in London

Elsewhere, Save Our Statues is launching a change.org campaign calling on Boris Johnson to erect a monument to the Duke of Edinburgh in London

The page has been signed more than 4,000 times since it was set up last night, and the heartbroken signers have left tributes to the Queen’s husband.

It said: ‘The Duke of Edinburgh served our country for 78 years, served 13 in the Royal Navy and then 65 years as Britain’s longest serving partner, including 22,000 assignments and supporting 780 organizations.

“We say there must be a prominent statue of the Duke in London to acknowledge the above, as well as his great personal dedication and support to Her Majesty the Queen.”

Earlier this year, it was announced that the Queen will have her special 95th anniversary £ 5 coin written with her promise to rule with ‘my heart and my devotion’.

Her Majesty, already the longest-reigning monarch Britain has ever had, will celebrate the milestone later this month for a new official birthday in June.

The words engraved on the coin refer to her very first Christmas address on television, which was broadcast in 1957.

The Queen told the audience in her speech: ‘In the past the monarch led his soldiers on the battlefield and his leadership was close and personal at all times.

Earlier this year, it was announced that the Queen will have her special 95th anniversary £ 5 coin written with her promise to rule with 'my heart and my devotion'

Earlier this year, it was announced that the Queen will have her special 95th anniversary £ 5 coin written with her promise to rule with ‘my heart and my devotion’

‘Things are very different these days. I cannot lead you into battle, I do not give you laws or speak justice, but I can do something else, I can give you my heart and my devotion to these ancient islands and to all the peoples of our brotherhood of nations. ‘

In addition to Her Majesty’s birthday, the Royal Mint also issues coins to commemorate other British anniversaries.

The anniversary of Sir Walter Scott’s birth, recognized as one of the most influential Scots in history for his contributions to literature, will also be commemorated with a £ 2 coin.