Business

UK Royal Mint unveils new pound coin

By Washington Examiner
Published March 19, 2014 11:28am ET
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UK Royal Mint unveils new pound coin
LONDON (AP) — After 30 years of work, Britain’s pound coin is ready for a makeover. The Royal Mint announced plans Wednesday to replace the weighty flat piece with a 12-sided coin made with two separate metals. It resembles a “threepenny bit” — a coin that circulated in Britain from 1937-1971. British officials say the […]

LONDON (AP) — After 30 years of work, Britain’s pound coin is ready for a makeover.

The Royal Mint announced plans Wednesday to replace the weighty flat piece with a 12-sided coin made with two separate metals. It resembles a “threepenny bit” — a coin that circulated in Britain from 1937-1971.

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