- The page has detailed information about this coin. The British one pound (£1) coin is a circulating denomination of the Pound Sterling. The coin was introduced in 1983 to replace the Bank of England one pound note which ceased to be issued at the end of 1984. The original coin was round and was made of nickel-brass. A large number of reverse designs were issued in this format until it was.
- Mar 11, 2016 The £5 coin was first issued in 1990 as a replacement for the commemorative crown with a face value of 25p. They are usually reserved to commemorate significant British anniversaries and are a favourite among collectors as they are not intended for general circulation.
- In 1990 the face value was increased to £5 to give the coin a value consistent with its weight and size - in relation to those of the then current range of coins. Each crown issue is authorised by Royal Proclamation in accordance with the requirements laid down by the Coinage Act 1971.
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