The New 12-sided British £1 Coin

The new 12-sided £1 Coin is classed as the most secure coin in the world, made with a number of features that make it much more difficult to counterfeit.

This new coin becomes legal tender on 28th March 2017.

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Features of the new 12-sided £1 Coin

12-sided – its distinctive shape makes it instantly recognisable, even by touch.

Bimetallic – it is made of two metals. The outer ring is gold coloured (nickel-brass) and the inner ring is silver coloured (nickel-plated alloy).

Latent image – it has an image like a hologram that changes from a ‘£’ symbol to the number ‘1’ when the coin is seen from different angles.

Micro-lettering – it has very small lettering on the lower inside rim on both sides of the coin. One pound on the obverse “heads” side and the year of production on the reverse “tails” side, for example 2016 or 2017.

Milled edges – it has grooves on alternate sides.

Hidden high security feature – a high security feature is built into the coin to protect it from counterfeiting in the future.

The Old round £1 coin

From 15th October 2017 (legal tender status will end) the round £1 coin will no longer be accepted in normal use. However they can still be deposited in banks.

Source: http://www.royalmint.com/newonepoundcoin