1998 UK Coin £1 Silver Proof Royal Coat of Arms Pound Sterling 22616

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1998 UK Coin £1 Silver Proof Royal Coat of Arms Pound Sterling 22615

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1998 UK Coin £1 Silver Proof Royal Coat of Arms Pound Sterling 22617

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1998 UK Coin £1 Silver Proof Royal Coat of Arms Pound Sterling 22618

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In Stock

1998 UK Coin £1 Silver Proof Royal Coat of Arms

The year 1998 saw the return of the Royal Arms design used on the original one pound coin which entered circulation on 21st April 1983.

Edge

The edge is not only milled but also inscribed. The inscription in Latin reads:

"DECUS ET TUTAMEN"

Which may be translated as "an ornament and a safeguard". This inscription dates back to the first machine-struck coins minted in 1662 and was a device to prevent "clipping".

Llantrisant Mint Mark

On the milled edge of the coin is the Llantrisant mint mark - a cross crosslet. This is the first United Kingdom coin to be struck with this distinctive feature. The shape of the cross alluding to Llantrisant, which translated from the Welsh means "Church or Parish of the Three Saints".

On 28 March 2017, the circulated round pound was replaced by the 12 sided £1 coin. On the 15 October the round £1 coin ceased to be legal tender.

Obverse

The obverse bears the new fourth portrait of Queen Elizabeth II, introduced on all UK coins in 1998.

Reverse

The reverse of the coin shows the Royal Arms, and it is appropriate that it should feature on one of the nation's premier coins.

Queen Elizabeth II is a direct descendant of the Sovereigns of England, of Ireland and of Scotland. Accordingly Her Majesty is head of the oldest continuing Royal Lines in Christendom. As the embodiment of the Sovereignty of those countries, Her Majesty quarters their historic Arms.

The Royal Arms achieved their present form upon the accession of Queen Victoria in 1837 and have remained essentially the same ever since.

This design was used on the original pound coin in 1983, and was also used in 1993, each time with a different portrait on the obverse of the coin.

Key Information

Intrinsic Value	£7.16
Product ID	2086
Stock Status	In Stock

Product Spec

Metal	Silver
Silver Weight Troy Ounces	0.2825
Fineness/Carat	0.925 Sterling
Date	1998
Obverse Designer	Ian Rank-Broadley
Reverse Designer	Eric Sewell
Mint/Brand	The Royal Mint
Country	United Kingdom

Delivery

Chards Coin and Bullion ships to all areas in the United Kingdom, including the Channel Islands.

Please be advised delivery timeframes are reflective of in-stock orders where payment and any necessary identification or onboarding documents have been received.

Delivery Option	Est. Delivery Time
Standard Delivery	2-3 working days
Special Delivery	Next day (1 working day)

Collections

All orders are free to collect at our showrooms in Blackpool and Hatton Garden, London. To arrange a collection, please call us at +44(0)1253 343081 or book an appointment.

International Delivery

The responsibility lies with the buyer to pay duties and taxes to the local customs office. This includes any fees levied for parcels that are marked as returned to sender.

For more information on delivery and collections visit our information page.

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Our specialist insurance through Lloyd's of London covers against any potential risks associated with orders, deliveries and our vaulting service giving customers peace of mind.

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Strategically positioned in London's Hatton Garden and Blackpool's South Shore, our offices offer personalised, face-to-face consultations in two locations.

Auditing & Accounts

In partnership with Azets, a top 10 UK auditor, we provide third-party verification of our financials and vaulted assets to deliver exemplary customer confidence.

Precious metal investments are not regulated in the UK.
Investment values can fluctuate and may decrease as well as increase. Past performance is not indicative of future results.
Pricing:
Prices are based on the current precious metal price and may change.
Payment and ID:
You may need to provide identification to make a purchase. You can find more information on payment and identification requirements.
Bullion Coins:
These may have minor scratches or edge knocks, but this does not affect their value. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
VAT:
Investment gold products are VAT-free, while silver products include VAT.
Cancellations & Returns:
Once you place an order, you cannot cancel it. We do not currently accept returns, however. You may be able to sell your investment products back to Chards at the current buy back rate.

For more details, please see our Terms & Conditions.

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First class service as usual would highly recommend doing business with company

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