Very Rare: fewer than 100,000 minted. Sells regularly: 14 verified sales in the last 12 months.
1 Pound - Elizabeth II Royal Arms Silver Proof (1983)
Circulating version: 1983 1 Pound - Elizabeth II – Royal Arms
| Country | United Kingdom |
| Year | 1983 |
| Denomination | 1 Pound |
| Face value | £1 |
| Mintage | 50,000 |
| Mint | Royal Mint · Llantrisant |
| Series | Round Pound Series |
| Circulation | Non-circulating |
| Demonetised | 2017 |
| Composition | Silver (.925) (925/1000 fine) |
| Weight | 9.500g · 0.2825 t oz |
| Diameter | 22.5mm |
| Shape | Round |
| Orientation | Medal alignment ↑↑ |
| Grade scale | UK (EF/UNC) |
Second crowned portrait of Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland tiara, legend around
Royal Arms with supporters, denomination below
Silver Proof £1 market value
Find this on eBay
AffiliateSilver Proof £1 price history
Daily limit reachedSilver 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 | |
|---|---|---|---|---|---|---|---|---|
| VF | £27.52 🔒 | £27.52 (1) | – | £27.52 – £27.52 | 1 | 1 | 02-08-2026 | |
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| PR-65 | £15.78 🔒 eBay | £24.68 | – | £15.78 – £33.95 | 12 | 12 | 19-09-2026 | |
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| PR-68 | £54.00 🔒 eBay | £54.00 (1) | – | £54.00 – £54.00 | 1 | 1 | 01-04-2026 | |
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About the 1983 1 Pound - Elizabeth II Royal Arms – Silver Proof
The 1983 1 Pound - Elizabeth II Royal Arms – 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: Royal Arms with supporters, denomination below.
50,000 were struck. It is no longer legal tender (withdrawn 2017), so its value is to collectors only.
Common questions
How much is the 1983 1 Pound - Elizabeth II Royal Arms – Silver Proof worth?
Verified sold prices for the 1983 1 Pound - Elizabeth II Royal Arms – Silver Proof run from £24.68 to £54.00 across 3 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its silver content is worth about £11.28 at today's spot price, which puts a floor under its value.
How is the 1983 1 Pound - Elizabeth II Royal Arms – Silver Proof different from the circulating coin?
This is a collector version of the 1983 1 Pound - Elizabeth II – Royal Arms, not the coin found in change. It is struck in 92.5% silver rather than nickel.
How do I identify the 1983 1 Pound - Elizabeth II Royal Arms – 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 – Royal Arms. The history below is that coin's; the mintage, varieties and collecting notes on its page do not apply to this strike.
By 1980 the pound had lost enough buying power that a coin made more sense than a note. The Royal Mint records that a £1 note lasted about nine months on average, while a coin can last 40 years or more, and that the growing vending industry also needed a durable coin. After consulting retailers and others, the government announced on 31 July 1981 that a £1 coin would be issued, and it entered circulation on 21 April 1983.
This is that first coin. The Royal Mint's figures give 443,053,510 struck for circulation, the largest mintage of any round £1 date. The next highest, the 1985 Leek, had 228,430,749. The round pound was replaced by the 12-sided £1 from 28 March 2017 and lost its legal tender status at midnight on 15 October 2017.
The reverse, by Eric Sewell, shows the Royal Arms and stands for the United Kingdom as a whole. Later round pounds took the four nations in turn. The Royal Arms design returned on coins dated 1993, 1998, 2003 and 2008.
The coin is nickel-brass, thick for its size and yellow in colour, so that it stood apart from the cupro-nickel coins then in use. The milled edge carries the Latin inscription DECUS ET TUTAMEN, translated as "an ornament and safeguard". The obverse has Arnold Machin's portrait of Elizabeth II, which the Royal Mint lists for round pounds of 1983 and 1984 only.
Sources
- UK coin mintage figures (mintages.json data file behind the Royal Mint mintage pages), The Royal Mint (read 9 Oct 2026)
- One Pound Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)
- 1983 Elizabeth II Royal Arms representing the United Kingdom £1 Coin, The Royal Mint (read 9 Oct 2026)
- £1 Coin Designs and Specifications, The Royal Mint (page served on a royalmintmuseum.org.uk host) (read 9 Oct 2026)
- 1983 One Pound, Check Your Change (read 9 Oct 2026)
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