when was the new 1 pound coin released
One pound (British coin) The original, round £1 coin replaced the Bank of England £1 note, which ceased to be issued at the end of 1984 and was removed from circulation on 11 March 1988, though still redeemable at the Bank's offices, like all English banknotes. One-pound notes continue to be issued in Jersey, Guernsey and the Isle of Man, and by the Royal Bank of Scotland, but the pound coin is much more widely used. A new, dodecagonal (12-sided) design of coin was introduced on 28 March 2017 [4] and both new and old versions of the one pound coin circulated together until the older design was withdrawn from circulation on 15 October 2017. After that date, the older coin could only be redeemed at banks,[5] although some retailers announced they would continue to accept it for a limited time.[6] The original round pound remains legal tender on the Isle of Man.[7]
Two pounds (British coin) The coin was introduced on 15 June 1998 (coins minted 1997) after a review of the United Kingdom's coinage decided that a general-circulation Â£2 coin was needed.[1] The new Bi-metallic coin design replaced a series of commemorative, uni-metallic coins which were issued between 1986 and 1996 to celebrate special occasions. Although legal tender, these coins have never been common in everyday circulation.
Five pounds (British coin) The British five pound (£5) coin is a commemorative denomination of the pound sterling. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction in 1990. Two different portraits of the Queen have graced the coin, with the latest design by Ian Rank-Broadley being introduced in 1998. The coin has no standard reverse; instead it is altered each year to commemorate important events. Variant obverses have also been used on occasion.
Sixpence (British coin) The sixpence (6d; /ˈsɪkspəns/), sometimes known as a tanner or sixpenny bit, is a coin that was worth one-fortieth of a pound sterling, or six pence. It was first minted in the reign of Edward VI and circulated until 1980. Following decimalisation in 1971 it had a value of 2 1/2 new pence. The coin was made from silver from its introduction in 1551 to 1947, and thereafter in cupronickel.