Why are there new £1 coins?



2017-03-29T10:37:01.803Z
2017-03-29T10:37:01.803Z

Fake coins of Bristol. AJ_UK

Why is the UK introducing new one pound coins and what's different about them?

New £1 coins are being introduced in the UK because of reports of high levels of forged coins in circulation. The new coin has 12 sids - it's a dodecagon - and various security measures, such as two different kinds of metal, "micro-lettering" and a hologram effect. The old £1 coin will continue to be legal tender until 15 October 2017.

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