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Several UK Retailers To Extend Pound Coin Deadline

"It is also probably a good idea to avoid giving out the old coin in change in the final few days before the deadline".

After this Sunday the round pound will no longer be legal tender. "The best advice has to be to stick to the letter of the guidance, and not to accept or give out any old pound coins after the deadline".

"To make the transition as easy as possible for our customers, we will continue to accept the old £1 coins as payment across our stores until 31 October", the retailer said. Well and some retailers who have confirmed they will continue to accept the old coin for a brief period of time.

Martin Kearsley, banking services director at the Post Office, said: "Thanks to an agreement with all United Kingdom high street banks, everyone can deposit old pound coins into their usual high street bank account at their local Post Office branch".

That means people across Kent have an excuse to go out and spend their old coins, if they have any left.

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A number of United Kingdom retailers, including Tesco, Poundland and Aldi, have said that they will continue to accept the old £1 coins after they cease to be legal tender.

One pound coins were first launched on April 21 1983 to replace £1 notes.

Adam Lawrence from The Royal Mint said: "The round pound has been in circulation for more than 30 years".

The production of the new coins follows concerns about round pounds being vulnerable to sophisticated counterfeiters. But there may be some cases where people find they are caught short.



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