New 12-sided pound coin to enter circulation in March

New 12-sided pound coin to enter circulation in March

The new 12-sided ?1 coin will enter circulation on 28 March, the government has said.

The round ?1 will be legal tender alongside the new, more-secure coin until October 15.

The public is being urged to use their current ?1 coins or bank them before they lose their legal tender status.

The government estimates around a third of the ?1.3 billion worth of coins stored in piggy banks or saving jars around the UK are the current ?1 style.

Some of those returned by the public will be melted down and used to make the 12-sided version.


The new style was announced in the 2014 budget and has been billed by the Royal Mint as "the most secure coin in the world".

Its introduction will come as a new set of coin designs are also brought into circulation, celebrating the achievements of Jane Austen and Sir Isaac Newton.

The Royal Mint said the new designs have a "strong pioneering theme" and will start appearing this spring.

A Jane Austen ?2 coin will celebrate the author 200 years after her death, while another ?2 version will remember the Royal Flying Corps.

A 50p coin will mark the achievements of mathematician Sir Isaac Newton, a one-time Master of the Royal Mint.

Dr Kevin Clancy, director of the Royal Mint Museum, said: "This is a particularly significant year in Royal Mint history as we welcome in the new 12-sided ?1 coin, with its innovative security features.

"This year we also mark the achievements of Jane Austen, Sir Isaac Newton and the Royal Flying Corps - all pioneers in their own field."



Add Comment

all comments

  Other news

more
Toward an hiv cure: Team develops test to detect hidden virus

Toward an hiv cure: Team develops test to detect hidden virus..

29-May, 16:59

The quest to develop a cure for HIV has long been plagued by a seemingly...

Somalia's al-Shabab stones man to death for adultery

Somalia's al-Shabab stones man to death for adultery..

29-May, 07:32

Somali militants have stoned a man to death after an Islamic court...

TOWIE's Chris Clark exclusively admits he 'always felt second best' to Little Mix's Jesy Nelson – as he opens up about Amber Dowding reunion

TOWIE's Chris Clark exclusively admits he 'always felt second best' to Little Mix's Jesy..

29-May, 11:24

Following their split, the TOWIE star angered Little Mix fans as he...

Israel’s economy heading for disaster, experts warn

Israel’s economy heading for disaster, experts warn..

29-May, 07:08

A report released by the Taub Center for Social Policy Studies in Israel...

Young or old, Saudi women live under male relatives' control

Young or old, Saudi women live under male relatives' control..

19-May, 03:00

First she's in the hands of her father, then she moves to her husband....

Meetup takes risky leap into the Trump resistance

Meetup takes risky leap into the Trump resistance..

19-Mar, 07:27

Meetup.com is taking a leap into the Trump resistance. The New...

Britain's Co-operative bank for sale amid capital concerns

Britain's Co-operative bank for sale amid capital concerns..

13-Feb, 08:36

Britain's Co-operative Bank is putting itself up for sale as it struggles...

3DS Emulator: Download Nintendo 3DS Emulator for PC, Android, iOS & Mac

3DS Emulator: Download Nintendo 3DS Emulator for PC, Android, iOS & Mac..

31-Jan, 07:18

3DS Emulator A 3DS Emulator also known as 3DS emu, is a closed source...