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<p>[QUOTE="tulipone, post: 2547892, member: 71656"]The Royal Mint will stop making the current £1 coins this year with the new design due out early 2017, shortly after they will demonetise the current designs. I have a set of all circulated UK £1 coins that are worth £1 each - maybe a tad more to a collector who wants a specific coin. As there are so many millions of each design, none are likely to raise to a value worth having in my lifetime - so do I spend them and release their value or keep them in an album with their worth likely scrap value only?</p><p><br /></p><p>When the UK demonetised after decimalisation, there are bucket loads of coppers and the cheap cupro nickel 'silver' coins. </p><p><br /></p><p>I think I have decided to trade them for an older coin that someone braver than I decided not to spend hundreds of years ago. I guess it all depends on what money is worth to you! </p><p><br /></p><p>What would you do if your central mint decided to bin certain or all coins?[/QUOTE]</p><p><br /></p>
[QUOTE="tulipone, post: 2547892, member: 71656"]The Royal Mint will stop making the current £1 coins this year with the new design due out early 2017, shortly after they will demonetise the current designs. I have a set of all circulated UK £1 coins that are worth £1 each - maybe a tad more to a collector who wants a specific coin. As there are so many millions of each design, none are likely to raise to a value worth having in my lifetime - so do I spend them and release their value or keep them in an album with their worth likely scrap value only? When the UK demonetised after decimalisation, there are bucket loads of coppers and the cheap cupro nickel 'silver' coins. I think I have decided to trade them for an older coin that someone braver than I decided not to spend hundreds of years ago. I guess it all depends on what money is worth to you! What would you do if your central mint decided to bin certain or all coins?[/QUOTE]
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