One pound coin (obverse, Rank-Broadley head)
The circulating British one pound (£1) coin is minted from a nickel-brass alloy of approximately 70% copper, 24.5% zinc, and 5.5% nickel. The coin weighs 9.50 grams (0.34 oz) and has a diameter of 22.
All one pound coins have an edge inscription as a security measure.
As the edge inscriptions are stamped on the edge of blank coins before striking, they can (and do) appear either way up in theoretically equal quantities.
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United Kingdom One Pound Coin
In 2003 the British Royal Mint announced that starting in 2004, there would be a new series of designs for the One Pound coin.
Edge Inscription - The words on the edge of a coin. A modern example is the edge of British One pound coins which bears a different inscription each year.
1816 Privy Council recommends establishment of the gold standard
This proposal is accepted and, in accordance with a related proposal, a new British one pound coin made of gold, the sovereign, is produced.
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 See also: Circulation, Coin, Issued, Denomination, Reverse
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