Shoppers fume over old 1 coins in change

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Image caption People will have the ability to invest just the brand-new 12-sided coin (right) from next Monday

Shoppers have actually revealed their inconvenience at getting old £ 1 coins in modification, a week prior to companies can contradict them.

From 16 October, the round £ 1 coin will not be legal tender as it is completely changed by the 12-sided variation.

Robert Dalgleish, who got 3 old coins from Lidl, stated: “Why aren’t service outlets stopping this?”

But Tesco states it will continue to accept the round pound for an extra week to assist consumers.

Eirlys Groves stated she went to a branch of Tesco where devices provided old out coins as modification, and after that she was informed by store personnel she might not switch them for brand-new ones.

And Dianne Lilley stated that she had actually been on vacation in South Devon and discovered that numerous small companies there were still handing them out in modification.

Consumer specialists Which? stated everybody might sell the coins after 16 October in bank, developing societies and post workplaces.

But it recommended buyers not to accept the old coins as modification after this date and rather to request brand-new ones.

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Media caption The BBC’ s Sima Kotecha talks to consumers and entrepreneur in the West Midlands

Mike Cherry, from the Federation of Small Businesses, stated the changeover duration had actually been “relatively brief” and recommended it would be handy if little companies were enabled a brief shift duration beyond the due date to gather the old coins and bank them.

Budget seller Poundland has stated it will continue to accept the old coins till 31 October – implying consumers can continue to invest them while the grocery store chain handles the task of banking them wholesale.

The Royal Mint presented the brand-new £ 1 coin on 28 March to assist punish counterfeiting, with one in 30 of the old variation approximated to be phony.

About 1.2 billion of the old coins have actually up until now been returned, however an approximated 500 million are still in blood circulation.

Businesses have actually been upgrading their makers to accept the brand-new coins, however some are still not able to take them.

Sainsbury’s and Tesco stated a little minority of its trolleys at their benefit and reveal shops were declining the brand-new coin however would have the ability to do so soon.

Problems have actually likewise been reported at other grocery stores.

A Tesco spokesperson stated: “We’ve been upgrading our systems all set for the brand-new pound coins, however to assist consumers who still have the old coins, we’ll continue to accept round pounds at our tills and self-service makers for an extra week.”

Transport for London stated 27 of its makers at London Overground stations do decline the brand-new coins, however each of those stations has at least one maker that does take them.

All you have to learn about brand-new £ 1 coins

New £ 1 coin’s’concealed’security function

Image copyright PA

The brand-new coin was referred to as the “most safe and secure coin worldwide”, with a string of anti-counterfeiting information, consisting of product inside which can be spotted when digitally scanned by coin-counting or payment makers.

Nevertheless, it has actually dealt with some issues considering that its intro.

A “little number” of coins took into blood circulation were discovered to be defective, while some ticket and vending devices, along with shopping trolleys, were not able to take it.

The AA reported in July that more than one in 5 UK councils had actually not transformed all their parking ticket devices to accept the brand-new coin.

Some small companies have actually dealt with the procedure of relocating to the brand-new £ 1. Leonard Spillman, who owns a laundrette in Bath, stated it had actually cost him £ 200 to transform his cleaning and drying makers.

“Could it not have been possible when developing the brand-new coins to make them the very same weight and width as the old coins so that organisations did not need to suffer?” he asked.

Coins down the back of the couch?

With the due date to utilize the old £ 1 coin simply days away, here are a few of the locations to search for them:

  • Grocery store bags
  • Fitness center bag
  • Pockets of the coat(s) you used last winter season
  • Down the back of the couch

10 locations to discover your old £ 1 coins

The Royal Mint stated some organisations waited up until July to update devices-as soon as there were more brand-new pounds in flow than old ones.

Businesses were alerted by the Treasury in 2015 that they would have to upgrade their devices and the Royal Mint states all “coin handling devices must have the ability to accept the brand-new £ 1 coin “from 16 October.

Efforts to phase out the old £ 1 coin have actually likewise been hindered by business who returned the brand-new 12-sided replacement by error.

Banks are motivating consumers to return their old coins as quickly as possible and not to wait till after they stop to be legal tender.

The Post Office stated clients might continue to transfer them into any of their typical high street checking account” till additional notification”.

The brand-new £ 1 coin: Vital stats

Image copyright PA

Thickness: 2.8 mm-thinner than old coin

Weight: 8.75 g-lighter than old coin

Diameter: 23.43 mm -bigger than old coin

Number to get in blood circulation: 1.5 billion-about 23 per individual. Old £ 1 coins will be melted down to make brand-new ones

Outer ring: gold-coloured, made from nickel-brass

Inner ring: silver-coloured, made from nickel-plated alloy

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