How to Exchange Old £1 Coins in the UK

Learn where to exchange old £1 coins, including banks, post offices, and the Bank of England.

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Old £1 coins can be exchanged at major banks or post offices in the UK. You may also visit the Bank of England for an exchange. Check with your local bank if they still accept these coins as policies may differ.

FAQs & Answers

  1. Can I still use old £1 coins? No, old £1 coins are no longer legal tender in the UK but can be exchanged at designated locations.
  2. Which banks exchange old £1 coins? Most major banks in the UK accept old £1 coins for exchange; however, it's advisable to check with your local branch.
  3. Is the Bank of England the only place to exchange old £1 coins? No, while the Bank of England accepts old £1 coins, many banks and post offices also provide this service.