A silver send off for the last ‘round pound’
The nation says goodbye to an icon
When the £1 coin was introduced in 1983 its thickness, golden colour and Latin inscription DECUS ET TUTAMEN or ‘An ornament and a safeguard’ on the coin’s edge instantly set it apart. The coin was a modern and efficient replaced for the one pound banknote, and now the round £1 coin will make way for a new state-of-the-art, 12-sided successor in 2016. We have struck a final commemorative edition of the last ‘round pound’ to bid farewell to the coin in its current form.
Gregory Cameron’s lifelong interest in heraldry is evident in his symbolic design. He has turned to the coins original theme for inspiration, and his modern reworking of the Royal Arms gives each country of the United Kingdom equal billing – all four royal beasts leaping to the defence of British sovereignty. Struck in 925 sterling silver and finished to Proof standard, the coin comes in a Royal Mint case with a booklet on 33 years of this popular coin’s history. The round £1 coin will begin to be phased out in 2016, so this farewell coin will not enter circulation, and this is the only way to own the silver Proof edition of the 2016 £1 as a single coin.