New 12-sided one pound coin begins production

This time next year, you will be getting a brand new one pound coin in your change and it will look totally different to anything that has gone before it – at least with a £1 denomination.

The new coin will have 12 sides instead of a smooth, rounded edge and is being billed as “the most secure coin in the world” due to it being so difficult to illegally copy.

It is based on the design of the old threepenny bit, which was in circulation between 1937 and 1971.

12 sided pound coin - New 12-sided one pound coin begins production

4,000 a minute

The coins don’t enter circulation until March 2017, but The Royal Mint has already started making them with 4,000 being created every minute.

It’s the first time the pound coin has been changed in more than 30 years.


Your chance to own a limited edition Gold £1 celebrating Her Majesty’s 90th Birthday

I’ve just learnt that a British Isles £1 Gold Proof struck to celebrate Her Majesty’s 90th Birthday is about to sell out.

It’s a coin struck to same specifications as the UK Proof Sovereign – 7.98g of 22 Carat Gold – but with a tiny edition limit in comparison to 7,500 Proof Sovereigns struck each year.

Click here to find out more and add one to your Portfolio before they sell out

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