1987 & 1992 One Pound Coin | The Royal Mint

1987 & 1992 One Pound Coin

Oak Tree and royal diadem representing England

Specifications

Issued 1987, 1992 
Diameter 22.5mm
Weight 9.5g
Thickness 3.15mm
Composition Nickel-Brass
(70% copper, 5.5%
nickel, 24.5% zinc)
Obverse Designers Portrait of Her Majesty the Queen
1987 Arnold Machin
1992 Raphael Maklouf
Reverse Designer Leslie Durbin
Edge Inscription DECUS ET TUTAMEN
Edge Milled
Mintage      1987: 39,298,502
1992: 36,320,487 *

About This Design

1987 saw the last in a four-year series of £1 coins, designed by renowned silversmith Leslie Durbin, to represent the four constituent parts of the United Kingdom. In 1987, England joined Scotland, Wales and Northern Ireland with a reverse design that featured the distinctive oak tree, long associated with England.

History of the £1

By 1980 it had become apparent that, with the general decline in purchasing power, the £1 unit of currency was more appropriate as a coin than a banknote. After consultations 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. Since its launch the £1 has always represented the United Kingdom and its constituent parts; England, Wales, Scotland and Northern Ireland.

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