Posts Tagged ‘facts’
The New 12-sided £1 Coin: All the facts
It has been confirmed that the new 12-sided £1 coin will enter circulation in less than 12 weeks time.
28th March 2017 is sure to become a historic day as we welcome the new coin which has been billed to become the most secure circulating coin in the world.
This will be the first specification change to our £1 coin in more than 3 decades, since the pound was first introduced in 1983.
Formally named ‘The Nations of the Crown 2017 UK £1‘ the coin was designed by 15-year-old David Pearce following a public competition in 2015. The new design is made up of the English rose, the Welsh leek, the Scottish thistle and the Northern Irish shamrock emerging from one stem within a royal coronet to represent the four constituent countries of the United Kingdom.
28th March 2017: The new 12-sided £1 coin will enter circulation. It may take a little while for people to start seeing it in their change as it gradually filters into general use.
28th March – 15th October 2017: During these six months the co-circulation period will take place. You will be able to use both coins as normal in this time in preparation for demonetisation.
16th October 2017: The Round £1 will cease to be legal tender from this day onwards.
We’re really looking forward to finding them in our change when they’re released in 83 days time. And remember, pound coins with the 2017 date are likely to be more sought after – especially in good condition or uncirculated.
Be one of the FIRST people to own the new £1 Coin.
Today you can own all 13 of the United Kingdom’s 2017 coins including the brand new ‘Nations of the Crown’ 12-sided £1 within the latest annual coin pack.