Monday, March 26, 2012

1985 British Pound

Do you have British penny and want to know its value? Leave a comment

I am always confused what to call them. Are they British coins, coins from the United Kingdom, or coins from Great Britain? It is the third most common coin I have behind the U.S. and Canada. I have either found or got in coin lots 227 British coins most in the past fifteen years.

 
 
 
 
 

Love that edge it says + PLEIDIOL WYF I'M GWLAD which means either True To My Land or True am I to my country. Either way it is Welsh with goes with the yummy Welsh leek on the reverse. The edge is both reeded and incused with words to stop counterfeiting. Unfortunately it has not worked with up to 3% of all pound coins circulating are estimated to be fake, that is 41 million coin.

So a few years ago when American dollar coins got edge lettering it was in response to the growing South American counterfeiters. Columbia in particular have faked American dollar coins for a few cent each and flooded that and surrounding countries since American money is more stable and legal to use.  

Here's the stats...
Type/Country: 1 Pound / Great Britain
Year: 1985
Mintage: 228,431,000
Metal: Nickel-Brass
Value: $1.59 in VF (very-fine)

These British coins take up a lot of space in the vault, by that I mean a fat envelope in a shoe box, and most have retained face value if not more.

Update: Just wanted to add some US Dollar vs British Pound coin comparisons.

 

The British Pound is much thicker but a smaller diameter which makes it better to use, but do not expect that to happen in the U.S. since coin machines would have to be redone costing millions.

Do you have a coin from Great Britain and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

8 dollars worth, for Comments/Questions click here.:

Tyler Lawrence said...

I never seen a British pound before, I'm glad you posted this!

Man said...

I never seen a British pound before, I'm glad you posted this!

I should have put some scale to it, comparing it to U.S. coins.

Hey wait I own this blog I can do that now!

Anonymous said...

Do you know why most pound coins are so worn? Is it the high usage?

Man said...

Do you know why most pound coins are so worn? Is it the high usage?


Yes, since they no longer use pound notes the coin gets very high usage.

The thick and heaviness also plays a role since a lighter coin would get bent and then pulled from circulation. These coins do not bend easily and will be known as a pound coin even if the are very worn.

Duncan Hill said...

"British coins" or "Coins from the United Kingdom" is correct. British is the adjective meaning "from the UK". Great Britain is the UK's largest island, but is not a country.

Man said...

"British coins" or "Coins from the United Kingdom" is correct. British is the adjective meaning "from the UK". Great Britain is the UK's largest island, but is not a country.

Thanks, it is listed in coin books as "Great Britain".

I like the slang British it is like calling a U.S. One Cent a penny. Penny in the U.S. is wrong but still commonly used.

falon said...

How much is a coin like this for

Man said...

How much is a coin like this for

Like what? Please be specific.