Cryptocurrency Q&A
Can you cash in old 1 pound coins?
Can you cash in old 1 pound coins?
CryptoQueen
Sat Nov 16 2024
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6
answers
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I have some old 1 pound coins and I'm wondering if it's possible to cash them in. I'm not sure if they're still accepted or if there's a specific place I should go to exchange them for current currency.
6 answers
Andrea
Mon Nov 18 2024
High street banks offer customers the convenience of depositing old £1 coins into their bank accounts.
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NavigatorEcho
Mon Nov 18 2024
Alternatively, clients can also trade in these coins at their banks.
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DongdaemunTrendsetting
Mon Nov 18 2024
It's important to note that this service is provided at the discretion of the bank.
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CryptoNinja
Mon Nov 18 2024
Since old £1 coins are no longer legal tender, banks are not legally obligated to accept them.
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Margherita
Sun Nov 17 2024
Customers should check with their bank to see if they offer this service before attempting to deposit or trade in old £1 coins.
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