- Published: Monday, 23 January 2017 13:29
- Written by Euan Ratley
The new UK £1 coin will enter circulation in March 2017, and The Royal Mint is producing 1.5 billion of the new coins.
The final specification of the coin and method of introduction were decided after a ten-week public consultation which looked at the physical and material characteristics of the coin, as well as the parameters for the transition. Her Majesty’s Treasury and The Royal Mint are continuing to work with industry to introduce the new coin in a manageable way.