When do old £1 coins go out of circulation?

How to spot a new pound coin that's worth £250

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With just under three weeks left to spend old £1 coins, an estimated £500m worth of them are still in people’s possession.

The new 12-sided £1 coin has been in use for more than six months as the Royal Mint eases it into circulation. During that period the old round one pound coin has been accepted as legal tender in shops, but that is set to end on 15 October.

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