Royal Mint Calling for Views on New Pound Coin Transition

The Royal Mint have launched a new survey looking for feedback from the convenience sector about  the recent launch of the new £1 coin and arrangements for the co-circulation period, when both the old £1 coin and new £1 coin are in circulation, scheduled to finish on October 18th.

The new £1 coin became legal tender on March 28th 2017. The new 12-sided £1 coin aims to combat counterfeiters by being the most secure of its kind in the world. There are around 45 million counterfeit £1 coins currently in circulation, generating significant cost to industry and taxpayers.

The survey is available here: Industry Readiness Survey 5. The deadline for responses is Friday 23 June 2017.

Responses will be sent to The Royal Mint in confidence.

This entry was posted by Chloe on Tue, 13/06/2017 - 14:06