A series of four new £1 coin designs by Edwina Ellis, representing England, Scotland, Wales and Northern Ireland were introduced in the United Kingdom from 2004.
Struck in sterling silver, 0.925 fineness, this pattern proof coin set comes in a presentation box with certificate.
The Royal Mint issued limited edition collector sets of the coins in gold and silver, known as 'pattern pieces'. These special 2003-dated coins were produced to familiarise collectors with the new designs. They are not legal tender.
The coins in the sets will have on the obverse the portrait of the Queen by Ian Rank-Broadley, approved for use on United Kingdom coins from 1998, and they will be dated 2003.
The coins feature reverse bridge designs representing England, Scotland, Wales and Northern Ireland. (The Forth Bridge for Scotland, The Menai Straits Bridge for Wales, MacNeill's Egyptian Arch for Northern Ireland and The Millennium Bridge, in Gateshead, for England.) The reverse designs are by wood engraver Edwina Ellis, who won a limited competition judged by the Royal Mint Advisory Committee.
The new series of designs was required because the existing four-year sequence of reverse designs came to an end in 2002. It will represent the third series of £1 reverse designs. The first series of "Floral" designs was used between 1984 and 1987 and again between 1989 and 1992. The second series of "Heraldry" designs was used between 1994 and 1997 and was then repeated between 1999 and 2002. During the intervening years, and in 2003, designs representing the whole of the United Kingdom were employed.
The coins in the sets will be referred to as pattern pieces, that is, proposed coins and consequently they will have no status as current or legal tender coins. They will have plain edges and will therefore differ from the legal tender versions of the coins to be issued between 2004 and 2007, which will have a decorative design on the edge.
Precedents exist in the nineteenth and twentieth centuries for the Mint issuing pattern pieces.(For example the George V Silver Jubilee Crown of 1935 and a plain edged sovereign of George VI in 1937.)
All four coins bear the fourth definitive coin portrait of Elizabeth II by Ian Rank-Broadley.
|2003||All 4 as patterns||All 4 as gold and silver patterns|
|2004||Scotland||Forth Railway Bridge|
|2005||Wales||Menai Straits Bridge|
|2006||Northern Ireland||Sir John Macneill's Egyptian Arch|
|2007||England||Gateshead Millenium Bridge|
|Version||Diameter (mm)||Weight (grams)||Metal||Alloy||Actual Silver Weight (troy ounces)||Grade||Issue Limit||Issue Price|
|Silver Proof Pattern||22.50||9.50||Silver||0.925||0.2825||FDC|
|Silver Proof Pattern Set of 4||22.50||38||Silver||0.925||1.13||FDC||7,500||£97.50|
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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 gold 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.
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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.
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