Friday, 14 July 2017

The Countdown Begins On Old Round Pound Coin


It's been three months since the Royal Mint introduced the 12-sided £1 coin into circulation - and now the old 'round pound' is on its way out.
The old pound will cease to be legal tender on October 15, 2017, although the Royal Mint is encouraging "people to use coins or return them to your bank” before then.
After this date, old coins can be exchanged or deposited into accounts at most high street banks including the Post Office.
But shops, restaurants and other businesses will not accept the old pound after the deadline.