Uk; 433 Million 1 Pound Coins To Become Worthless

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Author	Replies: 3 / Views: 1,572
Joe2007 Pillar of the Community United States 3843 Posts	Posted 02/19/2017 4:05 pm Don't forget to check behind the sofa for 433 million £1 coins - before it's too late! http://www.telegraph.co.uk/news/201...-coins-late/ Quote: The Treasury has urged savers to crack open their piggy banks, check behind the sofa and rifle through forgotten overcoat pockets for rogue £1 coins, before 433 million of them become worthless. The sturdy bit, first issued in 1983 as a replacement for the pound note, is being phased out in favour of their new 12-sided counterpart from March 28. FYI to all collectors and coin hoarders out there. I don't think I have any. Report this Post to the Staff

kena Pillar of the Community United Kingdom 1682 Posts	Posted 02/19/2017 5:17 pm They will not become worthless - http://www.thenewpoundcoin.com/ From the FAQ's: What should I do with my existing £1 coins after legal tender status is removed? Following demonetisation, the current round £1 coin can continue to be deposited into a customer's account, either business or personal, at most High Street Banks including RBS, NatWest, Ulster, HSBC, Barclays, Lloyds, Santander, Nationwide, Clydesdale, Yorkshire Bank, Halifax, Bank of Scotland and The Post Office. It may be possible to exchange £1 coins at these banks and the Post Office provided you hold an account with them. Specific arrangements may vary from bank to bank, including deposit limits. It is recommended that you consult with your bank directly. Report this Post to the Staff
augsburger Pillar of the Community Germany 1064 Posts	Posted 02/19/2017 8:44 pm What we do is say they'll be worthless, then when they've got rid of them all we tell them there's a rare coin that doesn't actually exist, then they'll all start going nuts. They'll never spend another coin again in their lives for fear it could be worth something. Report this Post to the Staff
wiamcim Valued Member Germany 55 Posts	Posted 02/20/2017 02:26 am @augsberger........Much like the euro is now, worthless...... :-)) Report this Post to the Staff
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