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1 ECU

Issuer Tower Mint, London, United Kingdom
Year 1992
Type Fantasy coin
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Obverse script Latin
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Reverse description The central device displays a heraldic shield at lower center, surmounted by a thistle at upper right. A rampant unicorn and the saltire cross of St. Andrew appear behind the shield, forming a distinctly Scottish armorial composition. The denomination 'ONE ECU' is inscribed across the upper field, with the date '1992' below in the exergue.
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Additional information

The ECU — European Currency Unit — was never legal tender in the UK, making these Tower Mint pieces a private issue rather than a government-authorized coinage. They circulated in a small number of shops and restaurants that accepted them as a promotional gesture during the run-up to the Maastricht Treaty's ratification, which the UK signed in February 1992 but famously struggled to implement after Black Wednesday forced sterling out of the Exchange Rate Mechanism that September.

The X# prefix in the Krause catalog places it in the "unofficial" series — a category that encompasses everything from casino tokens to fantasy pieces.

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