£1 Coin Designs and Specifications
After more than 30 years in the nation’s pockets, the familiar round £1 coin was replaced with an all new, 12-sided £1 coin in 2017. Released on 28 March 2017, the new £1 features a range of overt and covert security features that, when combined, protects it from increasingly sophisticated counterfeit operations, making it the most secure coin in the world.
The final specification of the new 12-sided £1 coin and method of introduction were decided after a ten-week public consultation in 2014. The consultation considered the physical and material characteristics of the coin, as well as the parameters for the transition.
Following the coin’s introduction on 28 March 2017, there was a six-month period when the current round £1 coin and the new 12-sided £1 coin were in circulation at the same time.
Her Majesty’s Treasury and The Royal Mint worked with industry throughout the co-circulation period to introduce the new coin in a manageable way and ensure the smooth return of the old £1 coins.
The round £1 coin lost its legal tender status at midnight on 15 October 2017.
However, the round £1 coin can continue to be deposited into a customer’s account at most High Street Banks in the UK. Specific arrangements may vary from bank to bank, including deposit limits. It is recommended that customers consult with their bank direct. Round £1 coins can also be donated to a charity.
Issue Date | 28 March 2017 |
Specifications | |
Diameter | 23.43mm |
Weight | 8.75g |
Thickness | 2.80mm |
Composition | Outer: Nickel-brass Inner: Nickel plated brass alloy |
Obverse Designers |
2015 to 2022 Jody Clark 2022 to date Martin Jennings |
Reverse Designers |
See table below |
Edge |
Milled |
The Round £1 Coin
The United Kingdom coinage is kept under constant review. By 1980, it had become apparent, that with the general decline in purchasing power, the £1 unit of currency was more appropriate to a coin than a banknote. The note was in constant use and, on average, each note only lasted nine months. A coin can last 40 years or more and, with the growth in the vending industry, it was felt that a coin would be more useful.
After consultation with many groups, including retailers and special interest groups, the government announced on 31 July 1981 that a new £1 coin was to be issued on 21 April 1983.
To make it easy to identify, the round £1 coin was thicker than other coins, while its 'yellow' colour allowed it to stand out from the cupro-nickel 'silver' coins already in circulation. The weight of the coin was largely decided based on cost and the need to allow for higher denomination coins in due course.
The reverse designs of the round £1 coin represent the United Kingdom and its four constituent parts:- Scotland, Wales, Northern Ireland and England. The first series of designs took floral emblems as its theme, while the second series was heraldic.
The £1 coin is legal tender for any amount.
Issue Date | 21 April 1983 - 15 October 2017 |
Specifications | |
Diameter | 22.5mm |
Weight | 9.50g +/-0.260 |
Thickness | 3.15mm |
Composition | Nickel-Brass (70% copper, 5.5% nickel, 24.5% zinc) |
Obverse Designers | Portrait of Her Majesty The Queen 1983-1984 Arnold Machin 1985- 1997 Raphael Maklouf 1998-2015 Ian Rank-Broadley 2015-2022 Jody Clark |
Reverse Designers |
See table below |
Edge |
Milled |
For information on the new 12-sided £1 coin, please read our press release about the coin design here.
Coin Edge Inscriptions
Edge Inscription | Translation |
---|---|
DECUS ET TUTAMEN | 'An ornament and a safeguard', taken from Virgil's Aeneid |
NEMO ME IMPUNE LACESSIT | 'No one provokes me with impunity': the motto of the Order of the Thistle |
PLEIDIOL WYF I'M GWLAD |
'True am I to my country', taken from the Welsh National Anthem |
PRO TANTO QUID RETRIBUAMUS | 'What shall we give in return for so much': the motto of the City of Belfast |
DOMINE DIRIGE NOS | 'Lord direct us': the motto of the City of London |
Y DDRAIG GOCH DDYRY CYCHWYN | ‘The Red Dragon shall lead’: the motto of the City of Cardiff |
NISI DOMINUS FRUSTRA | ‘It is vain without the Lord’: the motto of the City of Edinburgh |