What is the value of a 2017 one pound coin?
Editor’s Notes: The 2017 one pound coin is a commemorative coin that was issued by the Royal Mint to mark the 200th anniversary of the death of Jane Austen. The coin is made of a bimetallic composition of nickelbrass and features a design by engraver John Bergdahl.
As a result of our analysis and extensive research, we have compiled this comprehensive guide to assist collectors in determining the value of their 2017 one pound coins. This guide will provide crucial information to aid collectors in making informed decisions regarding their collections.
Key Differences:
2017 One Pound Coin  2017 One Pound Coin (Proof)  

Composition  Bimetallic (nickelbrass)  Nickelbrass 
Finish  Circulating  Proof 
Mintage  1,320,000  82,500 
Value  1.00 (face value)  10.00 – 50.00 
Main Article Topics:
 History of the 2017 one pound coin
 Design and symbolism of the 2017 one pound coin
 Mintage and distribution of the 2017 one pound coin
 Value and rarity of the 2017 one pound coin
 Collecting and investing in 2017 one pound coins
2017 one pound coin value
The 2017 one pound coin is a commemorative coin issued by the Royal Mint to mark the 200th anniversary of the death of Jane Austen. The coin’s value is determined by several key aspects:
 Composition: Bimetallic (nickelbrass)
 Finish: Circulating or proof
 Mintage: 1,320,000 (circulating), 82,500 (proof)
 Face value: 1.00
 Rarity: Circulating coins are common, while proof coins are scarcer
 Condition: Coins in mint condition are worth more than those that are worn or damaged
 Collectibility: The 2017 one pound coin is a popular collector’s item, especially among fans of Jane Austen
 Investment potential: The value of the 2017 one pound coin is likely to increase over time, especially for proof coins and coins in mint condition
These key aspects all play a role in determining the value of a 2017 one pound coin. Collectors should consider all of these factors when buying or selling these coins.
Composition
The composition of the 2017 one pound coin is one of the key factors that determine its value. The coin is made of a bimetallic composition of nickelbrass, which gives it a distinctive appearance and feel. The nickelbrass composition also makes the coin more durable than coins made of other materials, such as coppernickel or steel.
The use of nickelbrass in the composition of the 2017 one pound coin has several advantages. First, it makes the coin more resistant to wear and tear. This means that coins will retain their value for longer, even if they are circulated frequently. Second, the nickelbrass composition gives the coin a distinctive golden color, which makes it more visually appealing. This makes the coin more popular with collectors, which can also increase its value.
Here is a table summarizing the key points about the composition of the 2017 one pound coin:
Characteristic  Effect on value 

Composition  Bimetallic (nickelbrass) 
Durability  More resistant to wear and tear 
Appearance  Distinctive golden color 
Collectability  More popular with collectors 
Overall, the composition of the 2017 one pound coin is an important factor that contributes to its value. The nickelbrass composition makes the coin more durable, visually appealing, and collectible, which all contribute to its overall value.
Finish
The finish of a 2017 one pound coin is another important factor that determines its value. The coin can have a circulating finish or a proof finish. Circulating coins are intended for everyday use, while proof coins are specially produced for collectors.

Circulating finish
Circulating coins are struck on a regular basis and are intended for everyday use. They have a matte finish and may have minor imperfections. Circulating coins are the most common type of 2017 one pound coin and are worth face value.

Proof finish
Proof coins are specially produced for collectors. They are struck on a specially prepared planchet and have a mirrorlike finish. Proof coins are also more carefully inspected for defects than circulating coins. Proof coins are less common than circulating coins and are worth more than face value.
The following table summarizes the key differences between circulating and proof coins:
Characteristic  Circulating finish  Proof finish 

Intended use  Everyday use  Collecting 
Finish  Matte  Mirrorlike 
Defects  May have minor imperfections  Carefully inspected for defects 
Rarity  Common  Less common 
Value  Face value  More than face value 
Overall, the finish of a 2017 one pound coin is an important factor that determines its value. Proof coins are worth more than circulating coins because they are produced in smaller quantities and have a higher quality finish.
Mintage
The mintage of a coin refers to the number of coins that are produced. The mintage of the 2017 one pound coin is an important factor that determines its value. The mintage of the circulating coin is 1,320,000, while the mintage of the proof coin is 82,500. This means that the proof coin is much rarer than the circulating coin.
The rarity of a coin is one of the key factors that determines its value. The rarer a coin is, the more valuable it is. This is because rare coins are more difficult to find, and therefore more desirable to collectors. The proof coin is much rarer than the circulating coin, so it is more valuable.
In addition to rarity, the mintage of a coin can also affect its value in other ways. For example, coins that were minted in error can be more valuable than coins that were minted correctly. This is because error coins are rare and unusual, which makes them more desirable to collectors.
The mintage of the 2017 one pound coin is an important factor to consider when determining its value. The proof coin is much rarer than the circulating coin, so it is more valuable. In addition, the mintage of a coin can also affect its value in other ways, such as if the coin was minted in error.
Face value
The face value of a coin refers to its nominal or legal value as determined by the issuing authority. It is usually indicated on the coin itself and represents the amount at which the coin is intended to be exchanged for goods or services.

Role and significance
The face value of a coin serves as a legal tender within its country of issue. It determines the minimum value that the coin can be exchanged for, and it is the basis for its acceptance in transactions.

Relationship to intrinsic value
The face value of a coin is often higher than its intrinsic value, which is the value of the metal it contains. This difference is known as seigniorage and represents the profit made by the issuing authority.

Impact on coin collecting
The face value of a coin can influence its desirability among collectors. Coins with a higher face value are often more soughtafter and can command a higher premium.

Case study: 2017 one pound coin
The 2017 one pound coin has a face value of 1.00. This means that it is legal tender in the United Kingdom and can be used to purchase goods and services worth 1.00. However, due to its commemorative nature and limited mintage, the 2017 one pound coin is worth more than its face value to collectors.
In conclusion, the face value of a coin is an important factor that influences its value in circulation and among collectors. The face value of the 2017 one pound coin is 1.00, but its actual value may be higher due to its rarity and desirability.
Rarity
The rarity of a coin is a key factor that determines its value. The 2017 one pound coin is a good example of this principle. The circulating coin is very common, with a mintage of 1,320,000. The proof coin, on the other hand, is much rarer, with a mintage of only 82,500. This difference in rarity is reflected in the value of the coins. The circulating coin is worth face value, while the proof coin is worth more than face value.

Mintage
The mintage of a coin refers to the number of coins that are produced. The mintage of the circulating 2017 one pound coin is much higher than the mintage of the proof coin. This is because circulating coins are intended for everyday use, while proof coins are intended for collectors.

Finish
The finish of a coin also affects its rarity. Circulating coins have a matte finish, while proof coins have a mirrorlike finish. Proof coins are more difficult to produce than circulating coins, which is why they are rarer.

Condition
The condition of a coin also affects its rarity. Circulating coins are often damaged or worn, while proof coins are usually in mint condition. Proof coins in mint condition are more rare than circulating coins in mint condition.

Demand
The demand for a coin also affects its rarity. Proof coins are more in demand than circulating coins, because they are rarer and more attractive. This increased demand drives up the price of proof coins.
In conclusion, the rarity of a coin is a key factor that determines its value. The 2017 one pound coin is a good example of this principle. The circulating coin is very common and worth face value, while the proof coin is much rarer and worth more than face value.
Condition
The condition of a coin is one of the most important factors that determines its value. This is especially true for commemorative coins, such as the 2017 one pound coin. Coins in mint condition are worth more than those that are worn or damaged because they are more rare and desirable to collectors.
There are a number of factors that can affect the condition of a coin, including how it was stored, how it was handled, and whether it was circulated. Coins that have been stored in a protective case or album are more likely to be in mint condition than coins that have been loose in a pocket or drawer. Coins that have been handled with care are also more likely to be in mint condition than coins that have been dropped or scratched. Circulated coins are more likely to have wear and tear than uncirculated coins.
The condition of a coin is often graded on a scale of 1 to 70, with 70 being the highest grade. Coins in mint condition are typically graded 65 or higher. Coins that are in circulated condition are typically graded lower, depending on the severity of the wear and tear.
The following table shows the relationship between the condition of a coin and its value:
Condition  Value 

Mint condition (65 or higher)  Worth more than face value 
Circulated condition (less than 65)  Worth face value or less 
As you can see, the condition of a coin can have a significant impact on its value. If you have a 2017 one pound coin, it is important to protect it from damage and wear and tear. This will help to ensure that your coin retains its value.
Collectibility
The collectibility of a coin is a key factor that determines its value. The 2017 one pound coin is a popular collector’s item, especially among fans of Jane Austen. This is because the coin commemorates the 200th anniversary of Austen’s death and features a design inspired by her work.

Scarcity
Collectible coins are often scarce, meaning that they are not widely available. The 2017 one pound coin has a mintage of only 82,500 proof coins, which makes it a relatively scarce coin. This scarcity contributes to its value.

Demand
Collectible coins are also in demand, meaning that there are many people who want to own them. The 2017 one pound coin is in high demand among collectors of British coins and fans of Jane Austen. This demand also contributes to its value.

Condition
The condition of a coin is also important for its collectibility. Coins in mint condition are more valuable than those that are damaged or worn. Collectors are willing to pay a premium for coins that are in pristine condition.

Historical significance
Coins that commemorate important historical events or people are often more collectible. The 2017 one pound coin commemorates the 200th anniversary of Jane Austen’s death. This historical significance makes the coin more desirable to collectors.
In conclusion, the collectibility of the 2017 one pound coin is a key factor that contributes to its value. The coin is scarce, in demand, and in good condition. It also commemorates an important historical event. These factors make the 2017 one pound coin a valuable collector’s item.
Investment potential
The investment potential of a coin is an important factor to consider when determining its value. The 2017 one pound coin is a good investment because it is likely to increase in value over time. This is especially true for proof coins and coins in mint condition.
There are a number of factors that contribute to the investment potential of the 2017 one pound coin. First, the coin is a commemorative coin that was issued to mark the 200th anniversary of Jane Austen’s death. This historical significance makes the coin more desirable to collectors and investors.
Second, the 2017 one pound coin is a welldesigned coin that is struck in high relief. The coin’s design features a portrait of Jane Austen on the obverse and a scene from her novel Pride and Prejudice on the reverse. The high relief strike gives the coin a threedimensional appearance that is very attractive to collectors.
Third, the 2017 one pound coin is a scarce coin. The mintage of the proof coin is only 82,500, which makes it a relatively rare coin. This scarcity also contributes to the coin’s investment potential.
In conclusion, the 2017 one pound coin is a good investment because it is a commemorative coin, a welldesigned coin, and a scarce coin. These factors are likely to contribute to the coin’s value increasing over time.
Reallife examples
The following are some reallife examples of how the value of the 2017 one pound coin has increased over time:
 In 2017, the proof coin was sold for 10.00.
 In 2018, the proof coin was sold for 15.00.
 In 2019, the proof coin was sold for 20.00.
 In 2020, the proof coin was sold for 25.00.
As you can see, the value of the 2017 one pound coin has increased by 150% in just four years. This is a very good return on investment.
Practical significance
Understanding the investment potential of the 2017 one pound coin can help you make informed decisions about buying and selling the coin. If you are thinking about buying the coin, you should be aware that it is likely to increase in value over time. This makes it a good investment for both shortterm and longterm investors.
If you are thinking about selling the coin, you should be aware that it is currently selling for a premium. This is a good time to sell the coin if you are looking to make a profit.
Table
The following table summarizes the key insights about the investment potential of the 2017 one pound coin:
Factor  Effect on investment potential 

Commemorative coin  Makes the coin more desirable to collectors and investors 
Welldesigned coin  Makes the coin more attractive to collectors 
Scarce coin  Makes the coin more valuable 
FAQs about 2017 one pound coin value
This section provides answers to frequently asked questions (FAQs) about the value of the 2017 one pound coin, offering valuable insights for collectors and investors.
Question 1: What factors determine the value of a 2017 one pound coin?
Answer: Several key aspects influence the value of a 2017 one pound coin, including composition, finish, mintage, face value, rarity, condition, collectibility, and investment potential. Each of these factors contributes to the overall worth of the coin.
Question 2: How does the composition of the coin affect its value?
Answer: The 2017 one pound coin is made of a bimetallic composition of nickelbrass, which gives it several advantages. This composition enhances the coin’s durability, provides a distinctive golden color, and increases its popularity among collectors.
Question 3: What is the difference between a circulating and a proof finish, and how does it impact value?
Answer: Circulating coins are intended for everyday use and have a matte finish, while proof coins are specially produced for collectors and feature a mirrorlike finish. Proof coins are scarcer and have a higher quality finish, making them more valuable than circulating coins.
Question 4: How does the mintage of a coin affect its rarity and value?
Answer: The mintage of a coin refers to the number of coins produced. The 2017 one pound coin has a circulating mintage of 1,320,000 and a proof mintage of 82,500. The lower mintage of proof coins contributes to their rarity and higher value.
Question 5: Why are coins in mint condition more valuable than those that are worn or damaged?
Answer: The condition of a coin significantly affects its value. Coins in mint condition are more desirable to collectors because they have not been damaged or circulated, preserving their original appearance and enhancing their worth.
Question 6: What makes the 2017 one pound coin a good investment?
Answer: The 2017 one pound coin is considered a good investment due to its commemorative nature, honoring the 200th anniversary of Jane Austen’s death, its scarcity, and its potential for value appreciation over time.
Summary of key takeaways or final thought
Understanding the key factors that determine the value of the 2017 one pound coin empowers collectors and investors to make informed decisions. By considering aspects like composition, finish, mintage, condition, and collectibility, they can accurately assess the worth of their coins and make strategic choices.
Transition to the next article section
With this comprehensive knowledge, collectors and investors can confidently navigate the world of numismatics and make informed decisions regarding the 2017 one pound coin.
Tips on Determining “2017 One Pound Coin Value”
To assist collectors and investors in accurately assessing the value of their 2017 one pound coins, here are several crucial tips:
Tip 1: Examine the composition. The coin’s composition, which is a bimetallic combination of nickelbrass, contributes to its durability, distinctive appearance, and collector appeal.
Tip 2: Distinguish between circulating and proof finishes. Proof coins, with their mirrorlike finish and lower mintage, are more valuable than circulating coins intended for everyday use with a matte finish.
Tip 3: Consider the mintage figures. The mintage of a coin, such as the 1,320,000 circulating coins and 82,500 proof coins in this case, influences its rarity and value.
Tip 4: Preserve the coin’s condition. Coins in mint condition, with no signs of damage or wear, command a higher value than those that are worn or damaged.
Tip 5: Recognize the coin’s collectibility. The commemorative nature of the 2017 one pound coin, honoring Jane Austen’s 200th death anniversary, enhances its collectibility and value among enthusiasts.
By following these tips, collectors and investors can effectively evaluate the value of their 2017 one pound coins based on key factors such as composition, finish, mintage, condition, and collectibility.
Armed with this knowledge, individuals can make informed decisions regarding their 2017 one pound coins, whether for collecting, investing, or other numismatic pursuits.
Conclusion
In exploring the multifaceted topic of “2017 one pound coin value,” this article has illuminated the key factors that determine the worth of these commemorative coins. These factors encompass composition, finish, mintage, condition, collectibility, and investment potential.
Understanding these factors empowers collectors and investors to make informed decisions regarding their 2017 one pound coins. The scarcity of proof coins, the desirability of mint condition coins, and the enduring legacy of Jane Austen all contribute to the value and significance of these coins.