The existing pound will be withdrawn and no longer will be legal tender in October 2017. Most supermarkets have made the changes accommodate the new 12 sided coin. The new coin has a number of features that make it much more difficult to counterfeit.
12-sided – its distinctive shape makes it instantly recognisable, even by touch.
Bimetallic – it is made of two metals. The outer ring is gold coloured (nickel-brass) and the inner ring is silver coloured (nickel-plated alloy).
Latent image – it has an image like a hologram that changes from a ‘£’ symbol to the number '1' when the coin is seen from different angles.
Micro-lettering – it has very small lettering on the lower inside rim on both sides of the coin. One pound on the obverse “heads” side and the year of production on the reverse “tails” side, for example 2016 or 2017.
Over the last 12 years as a company we have made many millions of £1 substitute coins, designed for use in Supermarket trolleys and lockers.
This really simple but ingenious promotional gift has been a hit with supermarkets, corporate companies, schools and universities, lesiure organisations throughout the UK and Europe.
We own the registered Trade mark for the product “Pound for life Trolley Token ® Key Ring" .
Beautifully crafted in nickel, stamped with your individual design, filled with pantone matched enamels, or you may choose full screen print if needed to capture the exact detail for the client’s requirements.
Simply detach your reusable token from your key ring, insert your trolley token in your trolley/locker, and after use just pop back on your key ring ready for your next time.
Supermarket approved. Used in millions of lockers, Ideal for when you don't have a pound coin when you need one.
Available in any world currency.
Many leisure organisations, and locker owners have been concerned over the unnecessary cost to replace lockers to accommodate the new 12 sided coins.
The good news they need not to be worried, as we will continue to make the existing round pound coin and will do so for many years to come.
Will the existing £1 round pound fit new Supermarket Trolleys?
Yes as the new 12 sided coins are slightly larger so it’s the supermakets that have swallow the cost for the change over of their trolley’s, so the existing round coins will fit even easier than before.