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The circulating Pound (£1) coin is minted from a nickel-brass alloy of approximately 70% copper, 24.5% nickel, and 5.5% zinc. The coin weighs 9.50 grams and has a diameter of 22.50 millimetres.
The coin was introduced in 1983 to replace the Bank of England One Pound note, which ceased to be issued at the end of 1984 and was removed from circulation (though still redeemable at the Bank's offices) on 11 March 1988.
Production of the £1 coin has used the normal obverses used by all contemporary British coins, i.e. the effigies of Queen Elizabeth II by Arnold Machin in 1983 and 1984, by Raphael MakloufRaphael Maklouf (born 10 December 1937) is a sculptor, best known for designing the effigy of Queen Elizabeth used on Commonwealth coinage from 1985 to 1997. Maklouf was born in Jerusalem, emigrating with his family to the United Kingdom after the Second between 1985 and 1997, and by Ian Rank-BroadleyIan Rank-Broadley (born 1952) is a British sculptor who has produced many acclaimed works, among which are several designs for British coinage. Rank-Broadleyeffigy ofElizabeth II Born in Walton-on-Thames, Surrey, Rank-Broadley was educated at Epsom School since 1998. All have had the inscription ELIZABETH II D G REG F D date.
An interesting feature of this denomination is that the design of the reverse of the coin changes every year in turn to have an emblem representing the UK, Scotland, Wales, Northern Ireland, and England in turn, together with an appropriate edge inscription, and the value ONE POUND at the bottom of the reverse design.
The reverses are:
The planned designs for 2004-2007 feature bridges in different parts of the UK -
All years except 1998 and 1999 have been seen in circulation, although the number issued has varied enormously - 1983 and 1984 in particular had large mintages to facilitate the changeover from paper notes, and some years such as 1986 and 1988 are only rarely seen (although 1988 is more noticeable as it has a unique reverse). Production since 1997 has been reduced, thanks to the introduction of the circulating Two PoundsThis article discusses the British Two Pounds coins, both the commemorative issues issued between 1986 and 1996, and the regular bimetallic circulation coin first issued in 1998, dated 1997, only. For earlier Two Pounds coins issued in the nineteenth and coin.
It is estimated that 1% of £1 coins in circulation are counterfeit. One common method of detecting counterfeits (if the sound of the coin on a table, or the colour of the metal doesn't indicate something suspicious) is to check whether the reverse matches the edge inscription for the alleged year -- it is extremely common for counterfeiters to get this wrong.
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