One Pound Coin
The United Kingdom £1 Coin
For information on the new 12-sided £1 coin, please read our press release about the coin design here.
|Issue Date||21 April 1983|
(70% copper, 5.5%
nickel, 24.5% zinc)
|Obverse Designers||Portrait of Her Majesty the Queen
1983-1984 Arnold Machin
1985- 1997 Raphael Maklouf
1998-2015 Ian Rank-Broadley
2015 to date Jody Clark
|See table below|
The United Kingdom coinage is kept under constant review. By 1980 it had become apparent that with the general decline in purchasing power, the £1 unit of currency was more appropriate to a coin than a banknote. The note was in constant use and on average each note only lasted nine months. A coin can last 40 years or more and with the growth in the vending industry, it was felt that a coin would be more useful.
After consultation with many groups including retailers and special interest groups, the government announced on 31 July 1981 that a new £1 coin was to be issued on 21 April 1983.
To make it easy to identify the round £1 coin was thicker than other coins, while its 'yellow' colour allowed it to stand out from the cupro-nickel 'silver' coins already in circulation. The weight of the coin was largely decided based on cost and the need to allow for higher denomination coins in due course.
The reverse designs of the round £1 coin represent the United Kingdom and its four constituent parts – Scotland, Wales, Northern Ireland and England. The first series of designs took floral emblems as its theme, while the second series was heraldic.
The £1 coin is legal tender for any amount.
Coin Edge Inscriptions
|DECUS ET TUTAMEN||'An ornament and a safeguard' from Virgil's Aeneid|
|NEMO ME IMPUNE LACESSIT||'No one provokes me with impunity'. The Motto of the Order of the Thistle|
PLEIDIOL WYF I'M GWLAD
|'True am I to my country' from the Welsh National Anthem|
|PRO TANTO QUID RETRIBUAMUS||'What shall we give in return for so much.' The Motto of Belfast|
|DOMINE DIRIGE NOS||'Lord direct us.' The Motto of London|
|Y DDRAIG GOCH DDYRY CYCHWYN||‘The Red Dragon shall lead’ The Motto of Cardiff|
|NISI DOMINUS FRUSTRA||‘It is vain without the Lord’ The Motto of Edinburgh|