top of page

There's a New Quid on the block!


Check behind those sofas! 100 days left until round £1 coins are no longer legal tender - and one in three still have some stashed around the house

  • Old round £1 coins no longer legal tender from 17 October

  • Royal Mint polls suggests one in three households have some laying around

  • Round £1 coins could become a future collectables

Millions of households have old-style £1 coins laying around the house, which will soon lose their legal tender status, according to the Royal Mint.

A poll by the Treasury-owned Mint suggests one in three have some stashed away in savings jars and piggy banks across the country – or roughly 9million households.

It comes as the billionth new 12-sided £1 coin passed through the Royal Mint's production line today, struck by Exchequer Secretary to the Treasury, Andrew Jones MP.

By mid-July there will be more new coins in circulation than old and people have already returned 800million of the old coins, more than half of the total circulation.

<