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New GBP1 coin in two weeks

For those of you who have stocks of UK money left over from previous holidays, the new one pound coin is officially being introduced on Tuesday 28th March. You then have until Sunday 15th October to use up any old-style pound coins you have, after which you will only be able to exchange them by paying them into a UK bank account.

The new coin is being introduced because the old ones are heavily counterfeited - it will be bimetallic like the current two pound coin, and have a twelve-sided shape similar to the old pre-decimalisation three pence coin.

Posted by
8889 posts

Not only is it the same size and shape as the old 3d coin (which I remember from my childhood pocket money), it has roughly the same purchasing power. That's inflation for you.
More info on the new £1 coin on the official website here: https://www.thenewpoundcoin.com/

Posted by
662 posts

A 3d coin being the OLD 3 penny peice... Rather than a 3 dimensional coin as even I thought at first glance.

The £5 note is very new, yes.

Posted by
16418 posts

Last year, I found some British Pound notes from the early 1990's. I had to go down to the Bank of England to exchange them for new ones. (The guard at the door told me I couldn't do that there. He was trying to be funny.)

I'll be back in the UK next month. I must remember to take my pound coins.

Posted by
8889 posts

Mike J, You must be younger than me not to remember "old money". They changed over when I was still at school, so I had already been taught "£sd".
3d = Threepenny bit, pronounced "Thrupenny bit"
Heads: https://upload.wikimedia.org/wikipedia/en/9/9d/Threepence_Elizabeth_II_obverse.png
Tails: https://upload.wikimedia.org/wikipedia/en/1/19/Threepence_reverse_1958.png
Compare with this: http://ichef-1.bbci.co.uk/news/660/cpsprodpb/40DE/production/_92160661_coinepa.jpg

Posted by
34010 posts

2/6 went a long way in those days.... who had 10 bob?

Posted by
5467 posts

It was hard to get a change for one of these, let alone fit it into a wallet.

Posted by
1075 posts

" who had 10 bob?"

I used to (for a very short while) after I was paid........That's when I was on 2 guineas a week.:-)

Posted by
34010 posts

Didn't know we had the highly paid on here..... ;-)

Posted by
2684 posts

I still have a silver threepenny piece, my grandmother used to use them in the clootie dumplings she made, when we found one we exchanged it with her for a sixpence. when she died about 30 years ago I was given a silver threepenny from her.