Guernsey one pound coins have a special place in the hearts of collectors and history buffs alike. These coins often feature royal visits, which is a significant theme in Guernsey's history.
The Royal Family has been a popular subject on Guernsey one pound coins, with several designs showcasing their visits to the island.
One notable example is the 2012 coin featuring the Queen's Diamond Jubilee, which commemorated 60 years of her reign.
The Royal Family's connection to Guernsey is a strong one, and it's reflected in the coins that celebrate their visits and milestones.
Description
The Guernsey pound has a rich history, dating back to 1921 when it replaced the French livre. It's a local issue of sterling-denominated notes and coins.
The Guernsey pound is not a separate currency but a local version of the UK's pound sterling. This means it's widely accepted in the UK and other countries.
The first coins were introduced in 1968, with 5p and 10p denominations. This marked a significant change from the previous French livre.
In 1969, the 50p coin was introduced, followed by 1p, 2p, and ½p coins in 1971. These coins have become an integral part of Guernsey's currency.
The official currency symbol is £/p, which was used before the decimal system was introduced. This symbol is still used today.
The 1 Guernsey pound coin features a portrait of Queen Elizabeth II on the front, along with the National Coat of Arms. This design has been in use since the 2003-2012 series.
The reverse of the coin showcases a finance motive, with the denomination and issue date prominently displayed.
Coins to Withdraw and Collect
The Guernsey £1 coin is being withdrawn from circulation, but you can still exchange it at high street banks. There are currently 581,000 of these coins in circulation.
You'll want to exchange both Guernsey and UK versions of the £1 coin, as the local high street banks have not requested new stocks for over 10 years. The decision to withdraw the Guernsey £1 coin was made to mirror the UK's withdrawal of its £1 coin.
The new 12-sided UK £1 coin, which includes anti-counterfeiting technology, will start entering circulation in March.
1989 Royal Visit £2 Low Mintage
The 1989 Guernsey Royal Visit £2 coin is a great collectible to consider. It has a low mintage of 5000, making it a rare find.
This coin is made of alloy cupro nickel and features a crown size design. I've seen this coin in person and it's a beautiful addition to any collection.
Its low mintage and unique design make it a valuable addition to any coin collection.
Coins to Withdraw
The Guernsey £1 coin is being withdrawn from circulation, a decision made by the Policy & Resources Committee.
This decision follows the introduction of a new 12-sided UK £1 coin, which will enter circulation in March.
There are 581,000 Guernsey £1 coins currently in circulation, with no new stocks requested by local high street banks for over 10 years.
The Guernsey £1 coin will no longer be minted, although there are no current plans to introduce new 12-sided Guernsey £1 coins.
Guernsey £1 notes will continue to be issued alongside the circulation of new UK £1 coins locally.
Special Editions and Variations
The Guernsey one pound has undergone various special editions and variations over the years.
One notable example is the 1985 Guernsey one pound coin featuring a design of a Guernsey cow.
A 1995 Guernsey one pound coin was released to commemorate the 50th anniversary of the liberation of the island.
1995 Guernsey Queen Mother Silver Proof Coin
The 1995 Guernsey Queen Mother Silver Proof Coin is a beautiful collectible. It was issued by the Royal Mint.
This coin is a silver proof one pound coin, featuring a unique design. It's housed in a capsule with a certificate of authenticity.
The coin is a silver proof, which means it has a high level of detail and a mirror-like finish. It's a great addition to any coin collection.
You can purchase this coin for £20.00, a reasonable price for a silver proof coin.
1996 Guernsey Elizabeth II 70th Birthday Silver Proof Coin
This 1996 Guernsey Elizabeth II 70th Birthday Silver Proof Coin is a special edition that commemorates a significant milestone in Queen Elizabeth II's life. The coin was issued by the Royal Mint.
It's a beautiful silver £1 one pound proof coin, a unique and valuable collectible. The coin was minted to celebrate a major birthday.
The coin's value is £15.00, a price that reflects its rarity and historical significance.
Frequently Asked Questions
Can you use Guernsey Pounds in England?
No, Guernsey Pounds are not widely accepted in England, but you can exchange them for British Pounds at a bank or currency exchange. However, it's recommended to use British Pounds or credit cards for a smoother transaction.
Does Guernsey still use 1 notes?
No, Guernsey does not use £1 notes, as they have been largely replaced by coins. However, some may still be in circulation.
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