Which pound coin is worth money?

Published by Anaya Cole on

Which pound coin is worth money?

According to the blog ChangeChecker, the rarest one pound coin currently in circulation is the Edinburgh £1. The coin was part of a series depicting the four capital cities of the UK and is the only £1 coin with a mintage below one million.

Can you cash in old pound coins?

There are a number of ways anyone in Scotland and the rest of the UK can exchange or cash in their old notes and £1 coins. Guidance on the Bank of England website states: “Your own bank or the Post Office may exchange withdrawn Bank of England banknotes. Alternatively, exchange them with us by post.”

Can you still spend 1 pound coins?

What to do with old £1 coins. The old £1 coin launched in 1983, replacing the old £1 banknote, and went out of circulation in October 2017. It has been replaced by a thinner, lighter 12-sided coin. The old round coins are no longer legal tender, and shops, restaurants and other retailers aren’t accepting them.

How much is the metal in a pound coin worth?

The pound coin is actually 70% copper, 24.5% zinc and 5.5% nickel and weighs a tiny 9.5 grams….Spot Prices.

Metal Per Ounce Per Gram
Platinum £725.87 £23.34
Palladium £1,620.00 £52.09

Are any old 1 pound coins valuable?

The Royal Mint has launched a number of different £1 coins featuring the Royal Arms of the UK but it’s the ones with a 2008 date on them that are worth the most. That’s because the fewest number of these were put into circulation at 3,910,000.

Do banks still take old 1 coins?

Banks don’t legally have to accept old paper notes and coins once they’ve been withdrawn from circulation. However, some may continue to allow you to swap them while others may let you deposit old notes and coins into your account.

What can I do with old style pound coins?

If you find an old £1 coin, you can’t spend it but you can take it to your bank to deposit into your account at the following: Bank of Scotland, Barclays, Clydesdale, Halifax, HSBC, Lloyds, Nationwide, NatWest, The Post Office, RBS, Santander, Ulster and Yorkshire Bank.

How much is a 1 coin worth?

Despite their perhaps seemingly elusive nature, the vast majority of these coins are extremely common and still only worth their face value of one dollar.

What’s the rarest UK coin?

2009 Kew Gardens 50p
The famous 2009 Kew Gardens 50p remains the most coveted coin in circulation, with a mintage of just 210,000. Other rare designs include the 2011 Olympic 50p’s and the highly collectable Peter Rabbit 2018 coins.