Introducing the New 12 Sided One Pound Coin

The 2017 One Pound Coin

The new 2017 £1 coin is the coin everyone wants to get their hands on. The new one pound will be released into circulation on 28 March 2017 and will replace the round pound which we have been used to using for the last 30 years. Your old round pound coins will need to be spent or returned to the bank by 15 October 2017, after this date they will cease to be British legal tender although you will still be able to exchange them at the bank for a limited period. The government estimates that almost £400 million £1 coins are stored in piggy-banks, change jars and behind the back of sofas up and down the UK. So, make sure you have a clear out now, you could find yourself 'in the money'!

We are stocking the Brilliant Uncirculated, Silver Proof and Gold Proof coins as well as the 2016 dated One Pound two coin set.

2017 £1 Coin Engravings

2017 One Pound Coin Facts

• New 12 sided shape - not including the obverse and reverse. On alternating sides, one will be reeded and the other will be plain. Initially, designs showed the inscription MMXIV - 2014 in Roman numerals in the 'plain' panel which would change each year but the 2017 coins that we have seen do not feature this.
• Bi-metallic - Outer 'gold' coloured nickel-brass band with an inner 'silver' coloured cupro-nickel disc.
• Diameter - 23.03mm, this is wider than the round pound coins which were 22.5mm.
• Weight - 8.75g, this is lighter than the round £1 coins which weighed 9.5g.
• The Royal Mint has produced this coin using its aRMour® full-plate technology. This was previously called iSIS (Integrated Secure Identification Systems) but for obvious reasons the name has been changed. The technology uses an electroplating system that combines several layers of different metals being electroplated onto a steel core. This bonding process makes it difficult for counterfeiters to replicate, is more cost-effective than previous minting processes and can extend the life of a coin up to 30 years.
• Spend your old £1 round coins or take them to the bank to be replaced by the new 2017 £1 coin before 15 October 2017. After that date they will no longer be legal tender.
• It would take 1,740,121,580 (and a half) new 12 sided £1 coins to cover the circumference of the earth, compared to 1,781,111,111 (and a tenth) round pound coins - a saving of £40,989,531 if you chose to do it.
  
  

Click this link if you are looking to buy the 2017 UK Annual Coin Set. It contains the new twelve-sided one pound coin, the circulation coins and commemorative coins for 2017.