One Pound Coin
The British one pound (£1) coin is a circulating denomination of the Pound Sterling. 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. The original coin was round and was made of nickel-brass. A large number of reverse designs were issued in this format until it was discontinued in 2016, and its legal tender status withdrawn at midnight on Sunday 15th October 2017.
The new 12-sided £1 coin was introduced into circulation in the United Kingdom on 28th March 2017, with coins minted earlier and dated 2016.
The coin has a 12-edged shape, similar to the pre-decimal brass threepence coin; it has roughly the same size as the previous £1 coin, and is bi-metallic like most £2 coins. Bimetallic means it is made of two metals - the outer ring is gold coloured (nickel-brass) and the inner ring is silver coloured (nickel-plated non-ferrous alloy).
1 pound: Currency rate: 1 GBP = 1.37 USD: Year: 1988: Period: Queen Elizabeth II (1982 - 2021) Coin type: Circulation coins: Ruler: Elizabeth II: Composition: Nickel-Brass: Edge type: Reeded with lettering: Edge description 'DECUS ET TUTAMEN' (An ornament and a safeguard) Shape: Round: Alignment: Medal (0°) Weight (gr) 9.5: Diameter (mm) 22.5. Did you scroll all this way to get facts about 1 pound coin? Well you're in luck, because here they come. There are 588 1 pound coin for sale on Etsy, and they cost $35.02 on average. The most common 1 pound coin material is metal. The most popular color? You guessed it: silver.
After more than 30 years in the nation’s pockets, the familiar round £1 coin was replaced with an all new, 12-sided £1 coin in 2017. Released on 28 March 2017, the new £1 features a range of overt and covert security features that, when combined, protects it from increasingly sophisticated counterfeit operations, making it the most secure coin in the world. The Egyptian £1 coin features the mask of Pharaoh Tutankhamun. The text on the one pound coin is in Arabic and English. The bimetallic piece weighs 8.50 grams and measures 25.1mm across. Do you have a 1 Egyptian Pound coin?
A security feature is a 'latent image' - something like a hologram that changes from a '£' symbol to the number '1' when the coin is seen from different angles. Another security feature is micro-lettering - very small lettering on the lower inside rim on both sides of the coin, 'ONE POUND' on the obverse (“heads”) side and the year of production on the reverse side, for example '2016', '2017' etc.
1983 One Pound Coin Error
The new design is intended to make counterfeiting (which affected the earlier type significantly) more difficult, and also has an undisclosed hidden security feature called 'iSIS' (Integrated Secure Identification Systems), thought to be a code embedded in the top layer of metal on the obverse of the coin, visible only under a specific wavelength of ultraviolet light.
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Coins issued in 2017 have now been circulating for only four years.