Where Can I Change Old £1 Coins?

If you’ve just found some old round £1 coins in a drawer, piggy bank, or collection tin, you’re probably asking yourself: “Where can I change old £1 coins?”

The answer might surprise you. Banks no longer accept round pounds, and they are no longer legal tender. That means you cannot spend them in shops, deposit them at your high street bank, or exchange them at supermarkets and bureau counters.

But don’t worry—your old £1 coins are not worthless. At Cash4Coins, we provide a specialist round pound exchange service, so you can still turn them into real, usable money.

Why Can’t I Change Old £1 Coins at the Bank?

The round £1 coin was withdrawn in October 2017 when the Royal Mint introduced the new 12-sided £1 coin. Banks allowed a short grace period for exchanges, but this ended years ago.

Today, many banks refuse to take them because:

• They are no longer legal tender.

• They cannot be recirculated.

• They are considered obsolete currency.

This leaves millions of coins in homes, businesses, and charities across the UK that cannot be exchanged through traditional banking channels.

So, Where Can  I Change Old £1 Coins?

The only practical way is through a specialist service like Cash4Coins.

We exchange round pounds quickly, securely, and with instant payment once coins are counted.

Here’s how it works:

1. Fill in our simple online form – tell us how many coins you’ve got.

2. Send them to us – or arrange a secure courier collection if you have a large amount.

3. We count and process them – securely and accurately.

4. Get paid instantly – money sent straight to your bank account.

Who Uses Our Round Pound Exchange Service?

• Individuals and families – who’ve found jars or bags of old coins at home.

• Charities – who still receive round pounds in collection tins.

• Retailers and supermarkets – who find them in tills or cash offices.

• Businesses – especially those in vending and leisure industries.

Can I Change Old £1 Coins at the Post Office or Travel Money Counters?

No. The Post Office and supermarket travel money counters do not accept old coins of any type. They only handle current legal tender notes and coins, and even then, usually just major foreign currencies.

Do You Only Exchange Round Pounds?

No. While we specialise in demonetised UK coins like the round £1, we also exchange:

• Old UK coins and notes

• All foreign coins and notes

• Pre-Euro currencies (e.g. Spanish Pesetas, German Marks, French Francs)

• Damaged coins (bent, rusty, chipped, or corroded)

So if you’ve got leftover holiday money as well as round pounds, we can process it all in one go.

FAQs – Where Can I Change Old £1 Coins?

1. Can I still spend old £1 coins in shops?

No. They stopped being legal tender in October 2017.

2. Will banks still exchange old £1 coins?

No. Banks will often refuse to accept round pounds.

3. Can Cash4Coins exchange any amount?

Yes. From a few coins to bulk amounts—we handle them all.

4. How quickly will I be paid?

We provide instant payment once coins are counted.

5. Can I send other coins at the same time?

Yes. We exchange all foreign coins, notes, and other obsolete UK currency.

Start Exchanging Old £1 Coins Today

If you’re asking “Where can I change old £1 coins?”, the answer is simple: not at the bank, not at the supermarket, but at Cash4Coins.

Trusted by UK banks, supermarkets, visitor attractions, and national charities, we provide a secure, nationwide service that gives old round pounds a new lease of life.

 

Start Exchange

The UK’s specialist service for old £1 coins and foreign currency exchange.

If you’re just looking for a quick answer to the question “Where can I exchange old £1 coins?”, we’ve got a short guide here.