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The old round pound: Everything you need to know

By Ellis Stephenson

After this Sunday the round pound will no longer be legal tender.

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

The government announced the release of the new 12-sided pound coin in March.

The old pound coin is going out of circulation this weekend. Picture: Thinkstock
The old pound coin is going out of circulation this weekend. Picture: Thinkstock

Since then small businesses have been urged to keep on taking the old £1 coins.

That was done in the hope that some of the coins that are still in circulation would come out as soon as possible in favour of the newer coin.

When it was released earlier this year, one of the first Kent towns to have the new change was Sittingbourne.

But its not all been plain sailing for everyone.

The transition to a different shape coin has meant everything from vending machines to parking meters have had to be adapted to take the new coinage - costing businesses thousands.

The new coin is being introduced by the government to thwart the activities of "sophisticated counterfeiters" who have cost the UK economy an estimated £45 million in recent years.

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