It was decided that from 1984, British £1 coins would feature different reverse designs for each of the four parts of the United Kingdom.
All £1 coins dated 2002 feature on the reverse three lions symbolising England.
The edge is not only milled but also inscribed. The inscription in Latin reads:
"DECUS ET TUTAMEN"
Which may be translated as "an ornament and a safeguard". This inscription dates back to the first machine-struck coins minted in 1662 and was a device to prevent "clipping", and was used on the first pound coin in 1983.
On the milled edge of the coin is the Llantrisant mint mark - a cross crosslet. The shape of the cross alluding to Llantrisant, which translated from the Welsh means "Church or Parish of the Three Saints".
The one pound coin for 2002 represents England with a reverse depicting the Royal Crest of England, for centuries the proud emblem of English Kings and Queens, as previously used on the pound coins of 1997. The 1997 pound uses the third portrait, while the 2002 uses the newer fourth portrait introduced in 1998.
It is thought that the three lions may have come to England from Normandy but it was Richard the Lionheart (1189 - 1199) who, especially during the Crusades, used the three golden lions on their scarlet background as a powerful symbol of the English Throne.
The Crest appeared on his second Great Seal and thereafter three lions passant guardant have been known as "England".
As such, the Crest has appeared on the Royal Arms of every succeeding monarch and, today, is even employed to represent England in the sporting world.
The obverse bears the fourth portrait of The Queen introduced in 1998.
The English one pound coin features three lions passant guardant.
The design is modelled by Norman Sillman from a drawing by the College of Arms.
|Version||Diameter (mm)||Weight (grams)||Metal||Alloy||Actual Metal Weight (troy ounces)||Issue Limit|
|Uncirculated in Folder||22.50||9.50||Nicke-brass|
|Silver Proof||22.50||9.50||Silver||0.925 Silver||0.2825||17,693|
|Piedfort Silver Proof||22.50||19||Silver||0.925 Silver||0.5650||6,599|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes, therefore some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
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If you require any assistance please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.