Summary

1 Pound, Issued by Guernsey, 1981
Minted by Royal Mint, London

Obverse Description

A copy of the seal of the Baliwick of Guernsey granted by Edward I, a shield with three lions; around, S'BALLIVIE INSVLE DE GERNEREVE

Reverse Description

Guernsey lilly with six florets; abiove, ONE POUND; below, 1981

Edge Description

Milled with incuse lettering, BALIWICK OF GUERNSEY

Significance

In preperation for decimal coinage the 5 and 10 new pence coins were introduced in 1968, followed by 50 new pence coins in 1969. Decimalization took place in 1971 and the ½, 1 and 2 new pence coins were introduced. These coins were the same size and composition as the corresponding British coins. The word "new" was dropped in 1977. The 1 pound coin was introduced in 1981.

More Information