When was the £1 note replaced by the £1 coin?

The £1 note in the United Kingdom was replaced by the £1 coin in 1983. This decision was made for several reasons. Firstly, coins have a longer lifespan compared to paper notes, reducing the frequency of replacements and saving costs. Secondly, coins are more durable and less likely to be damaged or torn, ensuring they remain in circulation for longer. Lastly, the introduction of the £1 coin was also seen as a way to combat counterfeiting, as coins are generally more difficult to replicate compared to paper notes. Overall, the replacement of the £1 note with the £1 coin was a practical and strategic move by the UK government.