New £1 coin will be introduced in March ’17

new-one-pound-coinThe new 12-sided coin has been introduced because the current version is vulnerable to counterfeiters, and will enter circulation on 28th March 2017.

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”. It includes a 12 sided distinctive shape as well as two metals, the outer ring is gold coloured and the inner ring is silver. It also has a hidden high security feature.

We are currently rolling out a programme to adapting our machines to take the new coin.