Businesses in Gedling borough are being urged to prepare themselves for the launch of the new pound coin – which enters circulation next month.
The 12-sided £1 coin – which is claimed to be “the most secure of its kind in the world” – finally comes into circulation on March 28.
The redesigned coin will combat counterfeiters who have around 45 million counterfeit £1 coins currently in circulation by featuring a hologram-like image that changes from a £ symbol to the number one when the coin is seen from different angles.
Businesses have also been urged to prepare for its introduction.
Cash-handling firms and those that operate vending machines have been directed to a website – thenewpoundcoin.com – to help guide them through the transition as part of a campaign before the Royal Mint and the Government take the circular 30-year-old pound coin out of circulation.
You have until October 15 to spend any old £1 coins.
Upgrades to machines that accept the pound coin around the borough is expected to cost thousands.
