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New City of London £1 gold coin goes online today

PUBLISHED: 12:00 26 March 2010 | UPDATED: 15:46 05 October 2010

New £1 gold coin... for £595!

New £1 gold coin... for £595!

LONDONERS could soon be finding a new City £1 local’ coin in their change. Or they can go online and get it in real gold

By Clare Kane

LONDONERS could soon be finding a new £1 local’ coin in their change. Or they can go online and get it in real gold.

The coin is being specially minted to celebrate London’s heritage, featuring the emblem of the City of London which combines the cross of St George with the upright sword of St Paul.

Three circles on the coin picturing a castle, dragon, and ship represent Edinburgh, Cardiff and Belfast, with the flipside featuring the standard portrait of the Queen.

It is inscribed with the City’s motto, Domine, dirige nos’ (Lord, direct us’), designed by the Queen’s goldsmith and jeweller, Stuart Devlin.

The coin made of base metal isn’t going into circulation until December.

But there is a 22-carat gold version available online from the Royal Mint at £595, or in silver at £32.


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