New One Pound Coin Coming Soon – Can I use old pound coins?
New One Pound Coin Coming Soon - Can I use old pound coins? As the New Year rolls round, it signals the end of time for the long standing UK pound coin. The UK mint and banks are calling upon the public to take note that when the new one pound coin arrives in March, the old one pound coins will have a limited time before they're no longer accepted. In fact, the old UK one pound coin will cease to be legal tender in October 2017. To use the Royal Mint's own tagline "The pound won't be round for much longer". Why replace the old UK one pound coins? Simply put, the UK is flooded with counterfeit one pound coins. In any given home there's around a 4% chance…
