Demonetisation of the £1 coin kicks in on the 16th October 2017. 

If you have kids saving £1 coins or a huge collection in a bottle thats been sat in an office or a room at home then you need to act now.

On March 28th the new 12 sided £1 coin is introduced. It is billed as being the most secure coin in the world.

The new coin has a number of features that make it much more difficult to counterfeit.