The Last Round Pound Coin. The coin’s reverse has featured further interpretations of the Royal Arms, and series that have explored themes from bridges to boats, and botany to beasts. In readiness of the round pound’s retirement, we released one last farewell edition. Featuring an exclusive design, that returns the £1 coin to the Royal Arms,
SINCE the original £1 coin was first minted in 1983, inflation has wiped away two-thirds of its value in real terms, according to recent analysis by M&G Investments. It said when the eroding impact of inflation is taken into account, a £1 coin left sitting in a piggy bank since 1983 would be worth around 32p.
Shops will soon be refusing them. After the 12-sided coin went into circulation on March 28th 2017, the Bank of England announced that the old coins would no longer be accepted as legal tender from October 16th 2017. Meaning you have until Sunday to spend, spend, spend the old round ones. That being said, some businesses are choosing
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The last of the “round pound” coins are rolling off the presses this month, making way for their new-look replacement. More than 2.2 billion circulating round £1 coins have been struck during
The last batch of round pound coins has been produced at the Royal Mint. Round pound coins are being phased out to make way for a new 12-sided £1 coin that will enter circulation in 2017.
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Round pound coins will cease to be legal tender in OCTOBER: New 12-sided £1 will hit the streets in March – as will new Jane Austen £2 and Isaac Newton 50p designs Mortgages that last until
47 rows · The British one pound (£1) coin is a denomination of the pound sterling. Its obverse bears …
Value: 1 pound sterling
The Treasury says there are now more of the new £1 coins, which first entered circulation in March, than the old round pound. From 15 October, shops can refuse the old version of the coin.
Businesses were warned by the Treasury last year that they would need to update their machines and the Royal Mint says all “coin handling equipment should be able to accept the new £1 coin” from