1 Pound - Elizabeth II English Lions; Silver Proof obverse
Obverse
1 Pound - Elizabeth II English Lions; Silver Proof reverse
Reverse
Very Rare ⚖ Sells occasionally

Very Rare: fewer than 100,000 minted. Sells occasionally: 10 verified sales in the last 12 months.

1 Pound - Elizabeth II English Lions Silver Proof (2002)

CountryUK Year2002 Denom1 Pound Mintage17,693 MintRoyal Mint MetalSilver (.925) Melt £11.28
Verified by the MyCoinage editor · realised auction prices only · last refreshed .
Reference guide Read the £1 coin values UK guide Mintage, key dates, realised auction prices and authentication tips.
CountryUnited Kingdom
Year2002
Denomination1 Pound
Face value£1
Mintage17,693
MintRoyal Mint · Llantrisant
SeriesRound Pound Series
CirculationNon-circulating
Demonetised2017
CompositionSilver (.925) (925/1000 fine)
Weight9.500g · 0.2825 t oz
Diameter22.5mm
Thickness3.15mm
ShapeRound
OrientationMedal alignment ↑↑
Grade scaleUK (EF/UNC)
Obverse

Fourth crowned portrait of Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland tiara, legend around.

Reverse

Three lions passant guardant above denomination.

Silver content
Fine troy oz 0.2825
Melt value £11.28
Premium over melt £17.19

Silver Proof £1 market value

£28.47
Median of 10 verified PR-65 sales.
Last sale 2 months ago View price history →

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Silver Proof £1 price history

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Silver Proof £1 value by grade

Realised auction prices · ⭐ Pro Expand rows for individual sale records
Grade Latest Median 30d Δ All-time range Sales (1yr) Total sales Last sale
PR-65 £27.10 🔒 eBay £28.47 – £13.76 – £43.76 10 10 04-09-2026
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Pricing Data
1 grade · last updated 27 Oct 2026

About the 2002 1 Pound - Elizabeth II English Lions – Silver Proof

The 2002 1 Pound - Elizabeth II English Lions – Silver Proof is a collector 1 pound coin in the Round Pound series, struck in 92.5% silver. It weighs 9.5g and measures 22.5mm across. Reverse design: Three lions passant guardant above denomination.

17,693 were struck. It is no longer legal tender (withdrawn 2017), so its value is to collectors only.

Common questions

How much is the 2002 1 Pound - Elizabeth II English Lions – Silver Proof worth?

The 2002 1 Pound - Elizabeth II English Lions – Silver Proof has a price in one grade on MyCoinage so far: £28.47 in PR-65, the median of its verified sales. Its silver content is worth about £11.28 at today's spot price, which puts a floor under its value.

How is the 2002 1 Pound - Elizabeth II English Lions – Silver Proof different from the circulating coin?

This is a collector version of the 2002 1 Pound - Elizabeth II – English Lions, not the coin found in change. It is struck in 92.5% silver rather than nickel.

How do I identify the 2002 1 Pound - Elizabeth II English Lions – Silver Proof?

Check the weight 9.5g and diameter 22.5mm and the metal (92.5% silver) against the specification table on this page. The reverse design is described above.

History and design

This is a collector version of the 1 Pound - Elizabeth II – English Lions. The history below is that coin's; the mintage, varieties and collecting notes on its page do not apply to this strike.

The 2002 pound closed the heraldic series of round £1 coins. Norman Sillman's four national designs had first appeared from 1994 to 1997 and were repeated from 1999 to 2002 with a new portrait of the Queen. England came last both times, so the three lions of 2002 were the final heraldic issue. The Royal Arms followed in 2003 and a new series showing bridges began in 2004.

The Royal Mint's figures give 77,818,000 struck for circulation, the 11th highest of the 41 round £1 entries and well above the 57,117,450 of the 1997 coin. It is the largest issue of any round pound representing England. The oak tree pounds had 39,298,502 (1987) and 36,320,487 (1992), and the later English designs were smaller still: 26,180,160 for the 2007 Gateshead Millennium Bridge, 2,635,000 for the 2010 London coin and 5,270,000 for the 2013 floral coin.

Round pounds lost their legal tender status at midnight on 15 October 2017.

The reverse shows three lions passant guardant, representing England. The Royal Mint says the three lions date back to Richard the Lionheart, king from 1189 to 1199, who used three golden lions on a scarlet background as a symbol of the English throne.

The milled edge reads DECUS ET TUTAMEN, translated as "an ornament and safeguard", as on the 1997 coin. What changed in 2002 was the obverse, which has the fourth portrait of Elizabeth II, by Ian Rank-Broadley, in place of Raphael Maklouf's.

Sources

  1. UK coin mintage figures (data file), The Royal Mint (read 9 Oct 2026)
  2. One Pound Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)
  3. Elizabeth II 'Three Lions, Representing England' £1 Coin (2002), The Royal Mint (read 9 Oct 2026)
  4. 2002 One Pound, Check Your Change (read 9 Oct 2026)

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