1 Pound - Elizabeth II 3rd portrait English Oak (1987–1992)

One row for each year the 1 Pound - Elizabeth II 3rd portrait – English Oak was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.

About the 1987 1 Pound - Elizabeth II – English Oak

The 1987 1 Pound - Elizabeth II – English Oak is a circulating 1 pound coin issued from 1987 to 1992 in the Round Pound series, struck in nickel brass. It weighs 9.5g and measures 22.5mm across. Reverse design: An oak tree enfiling a representation of the Royal Diadem above denomination.

Mintage figures are recorded for 2 years between 1987 and 1992, 75,618,989 coins in all. 1992 is the scarcest date, with 36,320,487 struck. It is no longer legal tender (withdrawn 2017), so its value is to collectors only.

Common questions

History and design

The Oak Tree £1 completed the first set of national round pounds. After the Royal Arms coin of 1983, the Royal Mint gave each nation a floral emblem in turn: Scotland in 1984, Wales in 1985, Northern Ireland in 1986 and England in 1987. The oak was used again in 1992, the last year a design from this series was struck.

Unlike the other floral coins, its two issues were almost the same size. The Royal Mint's figures give 39,298,502 for 1987 and 36,320,487 for 1992, a total of 75,618,989. The Thistle and Leek were each struck in far larger numbers in their first year than their second, and the Flax in far smaller numbers. Among the four designs the Oak's total ranks third, above the Flax (48,853,076) and below the Thistle (216,837,002) and the Leek (325,700,051).

Round pounds were withdrawn after the 12-sided £1 arrived on 28 March 2017, and lost their legal tender status at midnight on 15 October 2017.

Leslie Durbin's reverse is described by the Royal Mint as an oak tree and royal diadem, representing England. It is the only one of his four coins to show a tree, and it is combined with the same diadem that appears on the thistle, leek and flax designs.

The milled edge reads DECUS ET TUTAMEN, the Latin inscription first used on the 1983 pound, which Check Your Change translates as "an ornament and safeguard". The obverse on both dates has Raphael Maklouf's portrait of Elizabeth II, which the Royal Mint lists for round pounds from 1985 to 1997.

Varieties and errors

No recognised varieties or mint errors are documented for this coin. Check Your Change records the two dates as identical apart from the date itself. An edge inscription that reads upside down against the obverse is not an error. The Royal Mint says the lettering goes onto the blank before striking, so its direction is a matter of chance.

Collecting notes

Neither date is hard to find and neither is clearly the better one on mintage, so most collectors simply want one of each in the best condition available. These coins could have circulated for 25 to 30 years, so look for a sharp tree and diadem and an edge that can be read all the way round.

The design was also struck as a silver proof and a silver piedfort. The coin that preceded it in the series is the Flax £1, and the 1988 pound that followed broke from the floral theme with the Crowned Shield £1. Round pounds can no longer be spent, though the Royal Mint says most high street banks may still accept them for deposit.