I found this coin recently. When cleaned it is gold in color and was minted in 1992. Just wondering if any value due to the fact that was the year the british pound was taken from the market
Should be exactly £1 worth (which is $1.48 or €1.06 these days). By the way, in general "cleaning" a coin is not a good idea, especially if that involves rubbing or using substances that could (further) damage the surface ... Umm, what? Welcome to Coin Talk - and please explain what that means. This morning for example the pound was still very much around. Christian
The £ lives!! Huzzah! Fortunately for Britain, it didn't succumb to the €uro. If it had've, then a millenium of tradition would have gone forever (pounds, pence, et al). I'm looking forward to my visit back to the UK in Nov so I can spend a few of those £s! For value, if it's BU, it's about £4; otherwise, face value. Of course, one has to watch out for counterfeits of the £1 coin; according to papers like the Daily Telegraph, 1 in 36 such coins are fake. You can tell, because they either look 'dodgy' or else have mismatched obverse (date side) and reverse &/or edge lettering.
Agreed..... I hope the pound stays around..... I also hope Denmark continues to stick with it's Krone currency, instead of Eurofacizing itself. I always thought the proof 1 pound coins from the 1980s, with the semi-young portrait, were beautiful coins.... I also always liked the thickness of the one pound coins..... it feels like it's worth a pound. My camera messed up the coloration on the reverse of the Scottish thistle reverse pound.
Fully agreed as far as the UK is concerned. The euro works fine for us, the pound works fine for them, period. As for Denmark, well, it is a little odd that on one hand the country is de facto "euro-ized" (with some minimal exchange rate fluctuation) but on the other hand uses the DKK cash. Oh well, up to them. Christian
I would think he meant the withdraw of the pound note. But I thought they had withdrawn it earlier than that. Maybe that was when the pound note was demonized.
The £1 note was last printed in 1985, and demonitised in 1988. The first £1 coin was minted in 1983, but you didn't see them in circulation until 1985/86 when the existing £1 notes (by then no longer being printed) were becoming rather threadbare and harder to find. Yes, the thickness is somewhat reassuring - but it's also getting harder to spot the better forgeries. Like I say, it'll be interesting when I visit to see how many I come across ...
