1 Pound - Elizabeth II Scottish Lion; Silver Proof obverse
Obverse
1 Pound - Elizabeth II Scottish Lion; Silver Proof reverse
Reverse
Very Rare 💧 Sells regularly

Very Rare: fewer than 100,000 minted. Sells regularly: 14 verified sales in the last 12 months.

1 Pound - Elizabeth II Scottish Lion Silver Proof (1994)

CountryUK Year1994 Denom1 Pound Mintage25,000 MintRoyal Mint MetalSilver (.925) Melt £11.32
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
Year1994
Denomination1 Pound
Face value£1
Mintage25,000
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

Third crowned portrait of Queen Elizabeth II right, wearing the George IV State Diadem, legend around

Reverse

A lion rampant within a double tressure flory counter-flory above denomination

Silver content
Fine troy oz 0.2825
Melt value £11.32
Premium over melt £10.68

Silver Proof £1 market value

£24.86
Median of 13 verified PR-65 sales, the grade that sells most often. 14 sales across 2 grades.
Grade range £22 – £25
Lowest grade Highest grade
Last sale 15 days 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
FDC £22.00 🔒 eBay £22.00 (1) – £22.00 – £22.00 1 1 29-09-2026
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PR-65 £24.86 🔒 eBay £24.86 – £21.07 – £32.00 13 13 12-10-2026
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Pricing Data
2 grades · last updated 27 Oct 2026

About the 1994 1 Pound - Elizabeth II Scottish Lion – Silver Proof

The 1994 1 Pound - Elizabeth II Scottish Lion – 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: A lion rampant within a double tressure flory counter-flory above denomination.

25,000 were struck. It is no longer legal tender (withdrawn 2017), so its value is to collectors only.

Common questions

How much is the 1994 1 Pound - Elizabeth II Scottish Lion – Silver Proof worth?

Verified sold prices for the 1994 1 Pound - Elizabeth II Scottish Lion – Silver Proof run from £22.00 to £24.86 across 2 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 £11.32 at today's spot price, which puts a floor under its value.

How is the 1994 1 Pound - Elizabeth II Scottish Lion – Silver Proof different from the circulating coin?

This is a collector version of the 1994 1 Pound - Elizabeth II – Scottish Lion, not the coin found in change. It is struck in 92.5% silver rather than nickel.

How do I identify the 1994 1 Pound - Elizabeth II Scottish Lion – 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 – Scottish Lion. The history below is that coin's; the mintage, varieties and collecting notes on its page do not apply to this strike.

The 1994 pound started a new run of national designs. The first series, issued from 1984, had given each nation a floral emblem. The Royal Mint describes the second series as heraldic, and it opened with Scotland: a lion rampant in 1994, followed by a dragon for Wales in 1995, a Celtic cross for Northern Ireland in 1996 and three lions for England in 1997.

The Royal Mint's figures give 29,752,525 struck for circulation. That is the lowest of the seven dated issues in the heraldic series, which ran to 2002, with the 1995 Dragon next at 34,503,501. It was also a sharp drop from the 114,744,500 Royal Arms pounds of 1993. The Mint's design table lists the Lion Rampant for 1999 as well, but its circulating figures have no £1 entry for that year.

Round pounds were replaced by the 12-sided £1 from 28 March 2017 and lost their legal tender status at midnight on 15 October 2017.

Norman Sillman designed all four coins of the heraldic series. This one shows the lion rampant, representing Scotland. Change Checker explains the term: the lion stands upright with its forelegs raised and claws unsheathed. It adds that the symbol was first used to represent the Scottish kingdom by King Alexander II in the 13th century.

The edge keeps the Scottish motto introduced on the 1984 Thistle, NEMO ME IMPUNE LACESSIT, which Check Your Change translates as "no one provokes me with impunity" and identifies as the Latin motto of the Stuart dynasty. The obverse has Raphael Maklouf's portrait of Elizabeth II. The Royal Mint lists that portrait for round pounds up to 1997, so 1994 is the only circulating date on which it appears with the lion.

Sources

  1. UK coin mintage figures (data file), The Royal Mint (read 9 Oct 2026)
  2. £1 Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)
  3. 1994 Elizabeth II 'Lion Rampant, Representing Scotland' £1 Coin, The Royal Mint (read 9 Oct 2026)
  4. 1994 One Pound, Check Your Change (read 9 Oct 2026)
  5. Round £1: Scotland: Lion Rampant, Change Checker (read 9 Oct 2026)
  6. Your guide to Britain's round pounds, Change Checker (read 9 Oct 2026)
  7. Why does the edge inscription on the £2 and £1 coins sometimes appear "upside down"?, The Royal Mint (read 9 Oct 2026)

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