Tag Archives: pound coin

New Pound Coin

New Pound Coin ‘Gold Rush’

Why some versions of the newly minted pound coin are attracting three figure bids

What do you think of those new fangled pound coins? Some of us at Able Engraving and Design are happy with the new look and, let’s face it, the older pound coins have had their day. Besides, the original pound coin was a gift for counterfeiters, and some people to this day dearly miss the pound notes. They went out of circulation in 1988.

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A full English breakfast

Pound Coin Design Could Have Been Fry-Up

Second most popular design idea for new Pound coin was a full English breakfast

A full English breakfast: also a failed pound coin design concept. Image by Felix Furo (via Shutterstock).

Bad for circulation? The tails side of our new Pound coin could have been a traditional fry-up. Image by Felix Furo (via Shutterstock).

A case of bacon bad or foreseeable circulation issues? In a recent competition to design the new look Pound coin, the second placed design idea was a full English breakfast. According to The Times newspaper, the Royal Mint’s Chief Engraver, Gordon Summers, received over 6,000 entries. Besides the winning design, there was some 30 to 40 distinct subject areas. The Great British Breakfast featured prominently.

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Royal Mint London

A Look at the New Pound Coin

How the intricate engraving of the new pound coin will deter forgers

The last six months have been an interesting one for collectors of banknotes and coinage. In the last two months, we have been getting to grips with the new plastic fivers. Next year will see the arrival of a new, smaller £10 note. About to make its way in March 2017 will be the new pound coin. Since the arrival of the original ones in 1983, they have been the most forged coins in Britain. Telltale signs of which include the weight of the coin, materials, and its text around the sides.

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