In 2008, The Royal Mint issued a gold proof one pound coin featuring the Royal Coat of Arms by Eric Sewell. This marks a farewell to this design which was introduced with the first modern £1 coin in 1983. This coin comes in a presentation box with a certificate of authenticity.
Struck in 22 carat gold, this proof coin is British legal tender and is exempt from Capital Gains Tax.
There were two different designs of £1 issued in 2008; one featuring the coat of arms and the other with the shield of arms.
This 2008 coin is the last one pound to feature the Royal Coat of Arms design. The Royal Arms design used on the original one pound coin entered circulation on 21st April 1983.
Struck in 22 carat gold, the coin has a substantial weight of 19.619g, which is almost three times the weight of a sovereign. Each coin is accompanied with a Certificate of Authenticity attesting to the worldwide issue limit of just 1,000, which is signed by the Deputy Master of The Royal Mint. Out of this limit, only 860 coins were minted.
On 28 March 2017, the circulated round pound was replaced by the 12 sided £1 coin. On the 15 October the round £1 coin will cease to be legal tender. Read more about the pound coin in our blogs:
The obverse features the fourth definitive UK coin portrait of Elizabeth II by British sculptor, Ian Rank-Broadley FRBS.
The 2008 one pound reverse is known as the Farewell to Royal Arms. The Royal Arms engraving was designed by Eric Sewell. The crown topped shield flanked by the English lion and the Scottish unicorn is surrounded by the motto of the Order of the Garter HONI SOIT QUI MAL Y PENSE.
|Alloy||22 carat gold|
|Actual Gold Weight||0.5779 Troy oz|
|Obverse Designer||Ian Rank-Broadley|
|Reverse Designer||Eric Sewell|
|Mintage||860 issued from 1,000 limit|
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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
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