(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|
1992: 36,320,487 *
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.
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.