Round Pound To Be Replaced With This 12-Sided Bad Boy In March
Remember we got those new fivers and the UK momentarily lost its shit? Well, the new one pound coin isn't made of plastic, but it does have a new shape. Ooo.
The new 12-sided coin will enter circulation on 28 March and the old round ones must be spent or swapped at a bank by 15 October 2017.
The Treasury and Royal Mint reckons there's about £1.3 billion's worth of coins stored in jars across the country and a third of these coins will be £1, so the government is now launching a campaign to make sure you dig out all those old coins and get 'em spent.
Spend it: Credit: Royal Mint
The end is nigh: Credit: Royal Mint
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Fare thee well. Credit: Royal Mint
The new coin is an attempt to cut down counterfeiting; a whopping three percent of one pound coins in current circulation are thought to be fakes, but I suspect it is much higher because those fucking self-service checkouts refuse to take my money about half the time.
Chief Secretary to the Treasury David Gauke, said: "Our message is clear: if you have a round one pound coin sitting at home or in your wallet, you need to spend it or return it to your bank before 15 October."
This bad boy, coming to your wallet soon. Credit: Royal Mint
He also called it the 'new quid on the block', which is just brilliant if you ask me.
Featured image credit: The Treasury/PA