And now this:
New quid on the block: round pound to be replaced by 12-sided coin in March | Money | The Guardian
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The Treasury estimates that £1.3bn of coins are being stored in savings jars, with £1 coins accounting for almost a third of these. They must be exchanged before 15 October when they will cease to be legal tender.
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It is estimated that 3% of the current coins in circulation are fake.
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The new coin is going to have a hologram. I'm intrigued.
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About 40% of vending and other cash-receiving machines will have to be upgraded. The British Parking Association says each meter change will cost £90-£130 for the simplest software upgrade and considerably more if they are to issue change. The Royal Mint has put the cost of changing all the UK’s machines at £15m-£20m, although many experts believe this is optimistic.
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It has its own website:
The new 12-sided £1 Coin
And YouTube video: