2009 Shield of Arms £1 coin in brilliant uncirculated condition.
2009 saw the new Shield of Arms reverse design, coupled with the Fourth Portrait.
The Royal Arms design used on the original one pound coin entered circulation on the 21st April, 1993.
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 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 design process for the pound coin began with a competition for the reverse design of the new coin. The entries were judged by the Royal Mint Advisory Committee, whose President is the Duke of Edinburgh, and the selected design by Eric Sewell, formerly Chief Engraver of the Royal Mint, was then submitted for the approval of Her Majesty The Queen.
The obverse bears the fourth portrait of Queen Elizabeth II, introduced on all UK coins in 1998.
The reverse of the coin shows the Shield of Arms.
Version | Diameter (mm) | Weight (grams) | Metal | Alloy | Actual Metal Weight (troy ounces) | Issue Limit |
Ordinary Circulation | 22.50 | 9.50 | Nickel-brass | |||
Uncirculated in Folder | 22.50 | 9.50 | Nickel-brass | 15,000 | ||
Silver Proof | 22.50 | 9.50 | Silver | 0.925 Silver | 0.2825 | 20,000 |
Piedfort Silver Proof | 22.50 | 19 | Silver | 0.925 Silver | 0.5650 |
General
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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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