Property News · February 25, 2017

Quids in: why it’s time to get rid of your £1 coins


The new 12-sided £1 coin arrives in March, and you will only have six months to offload the old ones. It’s also just 10 weeks until paper £5 notes are historyIt’s all change once again for the UK’s coins and notes. While millions of us are still getting used to the new “non-vegetarian” plastic £5 notes, it’s the £1 coin that is next to receive a makeover. The new 12-sided “bimetallic” (made of two metals) pound coin is being introduced on 28 March. Then in September it’s the turn of the tenner (see below).The new £1, which resembles the old threepenny bit, will be “the most secure coin in the world”, claims the Royal Mint. Here’s everything you need to know about the new coin – and what’s going to happen to the old “round pounds”. Continue reading…

Source : theguardian.com
Read more…Quids in: why it’s time to get rid of your £1 coins

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