The Royal Mint unveiled its new 12-sided £1 that will replace the old round coin. The Royal Mint is producing 1.5 billion of the new coins.
The new 12-sided coins starts to come into circulation on March 28 and shops have been told to stop accepting the old round coins on October 15, after that banks and post offices will still allow customers to deposit old £1 coins into their accounts.
If you have a round one pound coin sitting at home or in your wallet, you need to spend it or return it to your bank before 15 October.
Dual-metal design, with a gold-coloured outer ring and a silver-looking centre, the micro lettering around the rim and the milled edges on alternate sides.
Commercial Secretary to the Treasury Baroness Neville Rolfe visits the Royal Mint in Llantrisant today.
She said: “The introduction of a new pound coin, the most secure coin in the world, is a historic event.
His design shows the English rose, the Welsh leek, the Scottish thistle and the Northern Irish shamrock emerging from one stem within a royal coronet
On the alternate side, the portrait of the Queen is the fifth to be done during her reign and was done by Royal Mint coin designer Jody Clark.
Original News Source: Liverpool Echo and Wales Online