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1 Pound - Elizabeth II 4th portrait, 1/2 oz Fine Silver

Issuer Royal Mint
Year 2011-2012
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Value 1 Pound
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Obverse description Fourth definitive effigy of Queen Elizabeth II by Ian Rank-Broadley, depicting a right-facing draped bust of the Queen wearing a diadem and pearl earring. The portrait is rendered in high relief with fine detail in the hair and crown. The surrounding legend reads ELIZABETH II D G REG FID DEF, with the denomination 1 POUND inscribed at the base. The engraver's initials IRB appear on the truncation of the bust.
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Obverse lettering ELIZABETH II D G REG FID DEF 1 POUND
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The Britannian silver series debuted in 1997 as the Royal Mint's answer to the American Silver Eagle and Canadian Maple Leaf, giving British investors a sovereign-bullion vehicle in fine silver for the first time. The .958 fineness — Britannia standard rather than the more common .999 — was a deliberate nod to the traditional silver standard used in British sterling flatware, though it was later abandoned in favour of .999 in 2013, making the 2011–2012 issues among the last struck to that specification.

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