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Need Help With Possible Error 1 Pound Coin, Incorrect Date

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Valued Member

Netherlands
201 Posts
 Posted 04/23/2025  09:05 am Show Profile   Bookmark this topic Add canary01 to your friends list Get a Link to this Message Number of Subscribers
Hi all,

I was wondering if you have any clue to what this might be. It's an english lion 1 pound coin only minted in 1997 but mine has a 1994 date. It also has the correct edge inscription for a 1997 coin.

It weighs 9,40 grams and looking at the wear it has, it looks like it's been used as a regular 1 pound coin.

All input is welcome, maybe I'm just missing something very obvious?

Thanks in advance!



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zookeeperz's Avatar
United Kingdom
667 Posts
 Posted 04/23/2025  09:19 am  Show Profile   Bookmark this reply Add zookeeperz to your friends list Get a Link to this Reply
@Canary01. 1000's of Counterfeit £1's were struck I remember sending mine off to The Royal Mint . In fact it was probably the same type. Which they informed me it wasn't genuine and no coins for that design were struck that year. I am 99% sure yours is one of those. Probably more valuable than a genuine coin of that year just as a curiosity. A lot of these types are collected
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JimmyD's Avatar
Canada
20204 Posts
 Posted 04/23/2025  09:38 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
A counterfeit that someone has intentionally damaged to cover up the discrepancies.
A genuine coin weighs 9.5g and the edge lettering has serifs with the reeding closer together.
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PaddyB's Avatar
United Kingdom
944 Posts
 Posted 04/23/2025  10:16 am  Show Profile   Bookmark this reply Add PaddyB to your friends list Get a Link to this Reply
I agree, a contemporary forgery. By the time The Royal Mint switched to the later bimetallic £1 it is estimated one in 30 £1s in circulation were fake!
I used to know a collector of the fakes, but he would never give me more than £1 for any, so there was no profit in that! The banks had given up checking for them, so it was just as easy to cash them in.
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jbuck's Avatar
United States
162571 Posts
 Posted 04/23/2025  11:44 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
A counterfeit that someone has intentionally damaged to cover up the discrepancies.
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NumisRob's Avatar
United Kingdom
16635 Posts
 Posted 04/23/2025  4:24 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
with all the above. I pulled quite a few counterfeit £1 coins from circulation and many had the incorrect date or edge inscription for the type. There is a good website about them here:
https://www.thefakepoundcoindatabas.../pounds.html
Valued Member
United Kingdom
342 Posts
 Posted 05/02/2025  12:57 am  Show Profile   Bookmark this reply Add Spyro to your friends list Get a Link to this Reply
Hiya. Definitely a counterfeit. It's had a bit of a life but the heads and tails designs should still be sharper than those shown. I've got a small collection of these and there is actually a bit of a story to them. Check to see if the heads and tails line up with each other properly. They're usually about 30 degrees out of alignment - sometimes worse. There are also a few fake £2 coins about. There's a website called the fake pound coin database which might also help.
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