Property News · January 1, 2017

New quid on the block: round pound to be replaced by 12-sided coin in March


Treasury warns £1 coins will have to be returned and exchanged by October 2017The new 12-sided £1 coin will enter circulation on 28 March and the old-style coin will be defunct by mid-October, the Treasury has announced.The government is launching a campaign to encourage the public to return the round coins. The Treasury estimates that £1.3bn of coins are being stored in savings jars, with £1 coins accounting for almost a third of these. They must be exchanged before 15 October when they will cease to be legal tender. Continue reading…

Source : theguardian.com
Read more…New quid on the block: round pound to be replaced by 12-sided coin in March

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