2008 sees the repeat of the Royal Arms reverse design of the first modern British pound coin of 1983, coupled with the fourth portrait. It will be the last £1 of this design.
This silver proof one pound coin comes in a presentation box with a certificate of authenticity. British legal tender coins are 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.
Llantrisant Mint Mark
On the milled edge of the coin is the Llantrisant mint mark - a cross crosslet. The 1983 pound was the first United Kingdom coin to be struck with this distinctive feature. The shape of the cross alluding to Llantrisant, which translated from the Welsh means "Church or Parish of the Three Saints".
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".
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 bears the fourth portrait of Queen Elizabeth II designed by Ian Rank-Broadley.
The reverse of the coin shows the Royal Coat of Arms by Eric Sewell.
|Actual Silver Weight||0.2825 Troy oz|
|Obverse Designer||Ian Rank Broadley|
|Reverse Designer||Eric Sewell|
|Mint||The Royal Mint|
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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.
For international delivery, please check with your local customs office for more information on custom duty and taxes.
Full delivery information can be found by clicking here.
We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.