The most common incuse lettering around the edge of a British Pound coin is "DECUS ET TUTAMEN", meaning "An ornament and a safeguard".
It refers to safeguarding the coin from having "precious" metal shaved from the edge.
Back in the old days when higher value coins were most commonly made from precious metals, it was the practice of many people to shave the precious metal off the edge of the coin and accumulate a little stock of silver or gold.
To combat this, many mints commenced minting coins with reeding on the edge to make it more difficult to shave off the metal.
Further to the reeding, many coins were also produced with incuse (sunken) lettering around the edge to make it more difficult again to shave the coins. The incuse lettering also served as an indicator if any metal had been shaved off.
The most common incuse lettering around the British One Pound coin is "DECUS ET TUTAMEN" meaning, "an ornament and a safeguard".
These days it is mostly ornamental since there are no circulating British Coins made from precious metals.
The One Pound coin replaced the One Pound note in the British currency in 1983. Pound coins include the One Pound and Two Pound coins, and the Five Pound coin which is issued as a commemorative but is still legal tender.
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A pound of silver coins is about $500.00
1 pound coin = 9.5g 1lb = 453.59g 453.59/9.5 = 47.78 coins, you'll need 48 coins to make the pound weight.
Two Pound coins are heavier. One Pound coins weigh 9.5 grams. 1997 to present bimetal Two Pound coins weigh 12 grams. 1986 to 1996 nickel-brass Two Pound coins weigh 15.98 grams.
100x1p coins make a pound..
The unimetallic commemorative British Two Pound coins issued from 1986-1996 are heavier and thicker than the later bimetallic Two Pound coins issued from 1997-present. Unimetallic Two Pound coins 28.4mm in diameter 15.98 grams in weight 3.1mm thick Bimetallic Two Pound coins 28.4mm in diameter 12 grams in weight 2.5mm thick
two pound coins are made out of copper/zinc/brass/and nickel not gold
yes 5 pound coins are legal tender
1,300 divided by 1 = 1,300 One Pound coins
A pound of gold is worth more than half a pound of gold.
If you mean, "why are they thicker than other coins?" it is so that the difference between coins of similar size can be seen and felt.