Any old pound coins sent in to the Royal Mint will be melted down and used to make the new £1 coin - however with 50 million of them in circulation believed to be fake, it's likely many won't be ...

THE DEADLINE for spending your old one pound coins has now passed. The old round pounds had become an easy target for forgers, prompting the introduction of the new "counterfeit-proof coin".

the round pound will no longer be legal tender. From now until then, the Royal Mint is advising people to keep spending the old coins as normal. Anyone with money boxes filled with the old £1 ...

Over the past six months, more than 1.2 billion round pound coins have been returned but some £500 million worth of the old coins are still in circulation. They were replaced by the new 12-sided ...

Brits have just hours left to spend their old round £1 coins as hundreds of millions of the old pounds are estimated to still be in circulation. As of midnight on Sunday, the old pound coin will ...

People have already returned 800 million of the old coins. One pound coins were first launched on April 21 1983 to replace £1 notes. The Royal Mint has produced more than two billion round pound ...

The old coins will ... appeared on the pound note. David Gauke, Chief Secretary to the Treasury, said shoppers needed to be aware of the October deadline for the old £1 because an estimated ...

The old pound coin will cease to be legal tender on Sunday but several shops, charities and banks intend to still accept the circular £1. From midnight on Sunday October 15 the old pound coin will no ...

New £1 coin: Five interesting facts Some major stores have also said they will give shoppers a longer window of opportunity to spend their old pound coins after 15 October. The BBC is also ...