‘Round Pound’ Reaches 30 Years|
May 09, 2013
Great Britain marked the 30th anniversary of the introduction of the “round pound” on April 21. The coin, which the Royal Mint says is “reassuringly chunky” replaced the £1 bank note.
The coin was introduced on Queen Elizabeth II’s birthday in 1983. The £1 coins were estimated to last for 40 years, exceeding the nine-month useful life of a £1 note.
The Royal Mint notes that though the years, the coin has featured three portraits of the queen, and 21 different reverse designs reflecting themes relating to the emblems, iconic landmarks and cities that contribute to the “greatness” of Britain.
Dr. Kevin Clancy, head of Historical Services at the Royal Mint said, “The £1 coin is a very popular coin – it’s the one we tend to aim for when we’re picking through our pot of change on the mantelpiece in the mornings, partly I think because people just like the feel and size of it.”
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