As the first of March arrives, Wales celebrates Saint David’s Day, honouring its patron saint with pride, tradition, and national identity. For those of us in the precious metals and numismatic community, this is the perfect occasion to appreciate the coins that have paid tribute to Wales over the years. Among them, the 1995 Welsh £1 coin stands as a unique and highly collectable piece, encapsulating both heritage and precious metal value.
A coin for a changing economy!!
The United Kingdom's coinage is periodically reviewed to adapt to economic demands, and by the 1980s, the need for a durable £1 coin became evident. The £1 note had a short lifespan, lasting on average just nine months due to heavy circulation, whereas a coin could endure for decades. After consultations with retailers and industry leaders, the British government introduced the round £1 coin on 21 April 1983, designed to be distinct with its thick, yellow-hued nickel-brass composition. This transition was not only practical but also presented an opportunity to celebrate the four nations of the UK through unique reverse designs.
The 1995 Welsh £1 coin: A symbol of national identity
Among the series honouring the UK’s constituent nations, the 1995 £1 coin proudly represented Wales. Its reverse features a stunning Red Dragon Passant, designed by the acclaimed sculptor Norman Sillman. The dragon, a heraldic emblem of Wales since the 16th century, is depicted with one foreleg raised and wings spread, symbolising strength, resilience, and national pride. This iconic image mirrors the Red Dragon of Cadwaladr, a symbol long associated with Welsh heritage and identity, prominently displayed on the national flag.
The coin’s obverse bears the third definitive portrait of Queen Elizabeth II, designed by Raphael Maklouf. This regal depiction was used on British coinage from 1985 to 1997, notable for its detailed and elegant representation of the Queen wearing the George IV State Diadem.
Encircling the coin’s edge is the inscription “PLEIDIOL WYF I’M GWLAD”, taken from the Welsh national anthem, translating to “True am I to my country.” This patriotic phrase reinforces the deep cultural and historical significance of the piece.
Precious metal variant: The sterling silver edition
While the standard circulation version was struck in nickel-brass, the 1995 Welsh £1 coin was also produced in a .925 sterling silver proof edition for collectors. These silver coins provide not only numismatic appeal but also intrinsic precious metal value. The specifications of the sterling silver version are as follows:
- Metal: .925 Sterling Silver
- Weight: 9.5 grams
- Diameter: 22.5 millimetres
This makes it a sought-after piece for both collectors of commemorative UK coinage and precious metal enthusiasts alike.
The Red Dragon and Wales: A legacy of strength
Red Dragon’s association with Wales stretches back centuries, with its earliest recorded military use dating to 633 AD, when Saint David himself encouraged Welsh warriors to wear the dragon symbol in their caps for battlefield recognition against Saxon invaders. The dragon’s presence continued throughout history, becoming a powerful national emblem and an enduring representation of Welsh resilience and spirit.
For those interested in stacking precious metals, the 1995 Welsh £1 sterling silver proof coin offers both historical significance and tangible value. While modern bullion remains a key focus for investors, numismatic silver pieces like this offer an added layer of collectability. The combination of limited mintage, patriotic design, and sterling silver content ensures its desirability within the numismatic and stacking communities.
A Coin Worth Celebrating
On this Saint David’s Day, the 1995 Welsh £1 coin serves as a reminder of Wales’ rich history, enduring symbols, and the role of precious metals in preserving national heritage. Whether as part of a collection, a nod to Welsh ancestry, or an addition to a silver stack, this coin remains a cherished piece of UK numismatic history. Dydd Gŵyl Dewi Hapus! (Happy Saint David’s Day!)