1 Pound (£1)

United Kingdom One Pound Coin (Round Type)

United Kingdom · 1993

The obverse features the third portrait of Queen Elizabeth II by Raphael Maklouf, wearing the George IV State Diadem. The coin is a thick, round, gold-colored piece with a milled edge containing an incuse inscription.

Country: United Kingdom
Year: 1993
Denomination: 1 Pound (£1)
Metal: Nickel-brass (70% Copper, 5.5% Nickel, 24.5% Zinc)

This report is AI-generated and can be wrong. Always verify grade, authenticity, and value with a qualified dealer or certified grading service before buying, selling, or insuring.

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Overview

Historical significance

The round pound was introduced in 1983 to replace the Bank of England one pound note. The 1993 issue features the Royal Arms as the reverse design (though not visible in this image), representing the United Kingdom. This specific round style was demonetized in 2017 and replaced by the 12-sided bimetallic version due to high levels of counterfeiting.

Estimated value

Circulated value is approximately £1.00 face value (exchangeable at banks), though collectors may pay $2 - $4 USD for high-quality examples.

Care & preservation

Avoid cleaning or polishing the coin as this can damage the surface and reduce collector value. Store in a cool, dry place, ideally in an acid-free holder or capsule to prevent further oxidation of the nickel-brass.

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Overview

Historical significance

Estimated value

Care & preservation

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Learn about United Kingdom One Pound Coin (Round Type) in the encyclopedia