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.

Two Designs

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".

Edge
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:

One Pound Coin Designs, The Complete Collection 1983 - 2017

Introducing the New 12 Sided One Pound Coin

One Pound Coin Specifications

Why Did They Make 2016 12 Sided £1 Coins?

What is a 2016 Twelve Sided New £1 Pound Coin Worth?

Obverse

The obverse bears the fourth portrait of Queen Elizabeth II designed by Ian Rank-Broadley.

Reverse

The reverse of the coin shows the Royal Coat of Arms by Eric Sewell.

Key Information

Intrinsic Value	£15.86
Product ID	2370
Stock Status	Out of Stock

Product Spec

Metal	Silver
Silver Weight Troy Ounces	0.2825
Fineness/Carat	0.925 Sterling
Date	2008
Obverse Designer	Ian Rank-Broadley
Reverse Designer	Eric Sewell
Mint/Brand	The Royal Mint
Country	United Kingdom

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2008 UK Coin £1 Silver Proof Royal Coat of Arms