The obverse of the coin shows the Arnold Machin portrait of The Queen which was adopted for decimalisation, and has been used on nearly all UK coinage since 1968. Many better counterfeits can be detected by comparing the orientation of the obverse and reverse—they should match in genuine modern UK coins, but very often did not in counterfeit round £1. Reverse: Ornamental Royal Arms, ONE POUND below, as for 1983 and 1993. The obverse portrait of the Queen by Arnold Machin was used on all UK circulated coinage from 1968 to 1984 and was the second portrait of the Queen used on coinage.  It has featured the profile of Queen Elizabeth II since the original coin's introduction on 21 April 1983. £1.49.  The term does not mean - as is often thought - that a shopkeeper has to accept a particular type of currency in payment. The final round coins minted for 2016 and the 2015 Shield of the Royal Arms 5th portrait did not enter circulation, as they were only available through commemorative sets. However, the Royal Mint website reveals that there is actually no correct way for the inscription to … This edge inscription could frequently be "upside-down" (when obverse is facing upward).  Figures were generally reported in the following year; in 2008 (as reported in 2009), the highest levels of counterfeits were in Northern Ireland (3.6%) and the South East and London (2.97%), with the lowest being in Northwest England. 0 bids. Its obverse bears the Latin engraving ELIZABETH II D G REG ("Dei Gratia Regina") F D (Fidei defensor) meaning, "Elizabeth II, by the grace of God, Queen, Defender of the Faith". £3,000.00. 1983 One pound coin Royal Arms representing the United … Click on the image below to view it on Amazon: Get the Check Your Change app for your Apple/Android device. decus et tutamen An ornament and a safeguard All years except 1998 and 1999 have been issued into circulation, although the number issued has varied enormously – 1983 and 1984 in particular had large mintages to facilitate the changeover from paper notes, while some years such as 1986 and 1988 are only rarely seen (although 1988 is more noticeable as it has a unique reverse). The round pound is not legal tender after midnight on 15 October 2017 The shield from the Royal Coat of Arms (4th portrait), The shield from the Royal Coat of Arms (5th portrait), 300,000,000 (initial launch in March 2017). In 1983 and 1984 the portrait of Queen Elizabeth II by Arnold Machin appeared on the … $34.99. Jacob "Umshini Wami" Zuma is home free. It does have “ DECUS ET TUTAMEN ” correctly inscribed. Or so it seems, with that massive sword hanging over his head gone. 2 0. , Some counterfeits were of poor quality, with obviously visible differences (less sharply defined, lacking intricate details, edge milling and markings visibly wrong).  However, "legal tender" has a very specific and narrow meaning which relates only to the repayment of debt to a creditor, not to everyday shopping or other transactions. The shield in its entirety was featured on the £1 coin. The year 1983 is significant for the United Kingdom as it heralds the introduction of the new one pound coin which entered circulation on 21st April 1983. If you’re on Facebook, please consider joining the Check Your Change group, for trading, discussion, questions and answers: firstname.lastname@example.org Phone 020 308 69996, © 2018, Coin Publications, a Rotographic (est. The coin carries the edge inscription DECUS ET TUTAMEN, ‘an ornament and a safeguard’.  The winner, announced in April 2008, was Matthew Dent, whose designs were gradually introduced into the circulating British coinage from mid-2008. The coin’s edge inscription is in Latin: DECUS ET TUTAMEN, which may be translated as an …  It is illegal to pass on counterfeit currency knowingly; the official advice is to hand it in, with details of where received, to the police, who will retain it and investigate. or Best Offer. Example #11: … The 12-sided design, introduced in March 2017, reverted to 2017 ELIZABETH II D.G.REG.F.D. This was estimated at 3.04% in 2013, a rise from 2.74%. 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