By 1980 it had become apparent that with the general decline in purchasing power, the £1 unit of currency was more appropriate to a coin than a banknote. After consultation with many groups including retailers and special interest groups, the Government announced on 31 July 1981 that a new £1 coin that was to be issued on 21 April 1983. Since its launch the £1 has always represented the United Kingdom and its constituent parts; England, Wales, Scotland and Northern Ireland.
The £1 coin in base metal (as opposed to the gold sovereign, which has a nominal face value of one pound too), nickel-brass was introduced in 1983, as a replacement for the £1 banknote. The reverse design of the first £1 coin showed a depiction of the Royal Coat of Arms, representing the United Kingdom as a whole. It was issued until 2015 in rotation with other designs representing Scotland, Wales, Northern Ireland and England, alternating each year in that order.
Initially, Wales was represented by the Leek and Diadem type of one pound coins, then by the Dragon One Pound, the 2005 Menai Bridge One Pound and the 2011 Cardiff One Pound.
The last "home countries" £1 coin series depicts pairs of floral emblems of each part of the United Kingdom. This 2013 coin shows the leek and the daffodil to represent Wales; another one issued the same year represented England.
Coins issued in 2013 circulated for only four years until they were demonetised in 2017 and replaced with the current bimetallic one pound coin. | 
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