Is my 1988 Shield of the Royal Arms £1 coin rare and valuable?

1988 Shield of the Royal Arms
The 1988 Shield of the Royal Arms design is the fouth rarest £1 coin in circulation and has a value of 1 pound, but collectors of coins currently pay £3.26* to own this coin.

This coin is 1 of 24 designs which are currently being collected by people taking part in the great british one pound coin race. If you would like to join in or find out more, visit the change checker website. You can see all the designs to collect including the 1988 Shield of the Royal Arms coin on our special £1 coin race collector chart.

Coin YearEntered CirculationActive Circulation*

Change Checking Chances: When receiving a £1 coin in your change you have about a 1 in 670 chance of finding this design.

Do you have one to sell?: Recent sales of this coin on eBay achieved £3.20 to £3.60 based on a sample of 196 sold items, taking the mid price* and a 10% range of ordered prices. View our Rare £1 Coin Values page to see current values for other rare one pound coins.

Additional information about this £1 coin:
Coin Name 1988 Shield of the Royal Arms representing the United Kingdom
Denomination £1
In Circulation Yes
Edge Inscription DECUS ET TUTAMEN
Design By: Derek Gorringe

Notes: Entered Circulation data from The Royal Mint website. *Active Circulation is an estimated figure based on an assumed year on year reduction in circulating coins.