Paying top dollar

for your diamonds since 1980

Britain’s New One-Pound Coin

Posted on March 19th, 2015 by Joe G

Did you know that Britain’s one-pound coin has remained unchanged for more than 30 years? Due to its vulnerability to counterfeiters (in fact, about 3% of all one-pound coins are thought to be forgeries), a public competition was held for the design of a new coin. The winner? 15-year-old David Pearce.

Chosen out of more than 6,000 entries, this new coin’s is made of multiple metals and has 12 sides. It features the four emblems of the United Kingdom’s constituent parts: a rose (England), thistle (Scotland), shamrock (Northern Ireland) and leek (Wales). This design is on the reverse side; the other side features the Queen.

While Pearce’s design was tweaked by professional coin and lettering experts, the finished product is true to his entry. Other entries features teacups, weather scenes and even the Rolling Stones logo.

The winning coin will begin circulating in 2017, and according to the government, will be “the most secure coin in circulation anywhere.”

Courtesy of Quartz

← Back

Customer Testimonial

Had a Great Experience

I have dealt in coins and metals since the 80s. Had dealings with many dealers. Got scammed by a few. Chicago Gold is the only one I would recommend to my family or friends. Have your valuables appraised by them before you sell.

Date: 05/12/2022 • 5 / 5 stars ★★★★★

Awesome place!

What a super knowledgeable gemologist. After all that experience also they are soooo willing to help and answer all the questions I had. Excellent experience. They went above and beyond for me. Highly recommended. Super trustworthy.

Date: 01/20/2022 • 5 / 5 stars ★★★★★

I'll be back

Cashed in some silver coins and received a very fair exchange. Joe and Chris, were very friendly, and comfortable to deal with. Came back with some jewelry, and received a rough appraisal...again no pressure.

Date: 11/15/2021 • 5 / 5 stars ★★★★★

I would do business with them again

I found the Chicago Gold Gallery to be a very honest and reputable shop. I would highly recommend this store to anyone buying and selling their possessions.

Date: 05/01/2021 • 5 / 5 stars ★★★★★

How to Reach Us?

Get Directions

Contact Us

Get the most for your valuables.

1236 W. Devon Avenue
Chicago, IL 60660

Phone: 773-338-7787 Email:

Hours: Mon- Fri: 10:15am-6pm, & Sat: 10:15am-5:00pm

Especially Wanted

  • Gold & Silver Coins
  • Bullion Gold, Silver, & Platinum
  • Scrap & Old Gold
  • Sterling Silverware
  • Dental Gold
  • Coins & Coin Collections
  • Franklin Mint
  • Collectibles
  • Rare Coins
  • Antique & Modern Jewelry
  • Diamonds
  • Watches - Rolex, Patek Philippe
  • Broken Jewelry
  • Tiffany & Company - Cartier
  • Vintage & Modern Guitars