Nearly three millions £1 coins will enter circulation this week and could be worth a small fortune to collectors in years to come.
People are being encouraged to look out for new one pound coins featuring King Charles as nearly three million enter circulation across the UK via Post Office s and banks. The new coin could be worth a small fortune to collectors in years to come, so if you get one in your change, tuck it away in a safe place instead of spending it.
Rebecca Morgan, director of commemorative coin at The Royal Mint, said: “The Royal Mint has made the circulating coinage of each of Britain’s monarchs since Alfred the Great and it is an honour to reveal that King Charles III’s £1 coin is now in circulation. Top Money Stories Today Following commemorative coins bearing the King’s portrait, the first Charles III definitive - the 50p depicting an Atlantic salmon - was released in November 2023.A public poll by the Royal Mint found that the £1 bee coin was the favourite, closely followed by the 2p red squirrel. They also have a repeating pattern of three interlocking Cs, which gives a nod to history through the cypher of Charles II.
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