The final day to spend your old £1 coins is looming, with the last day to splash the cash being confirmed as Saturday (October 15).
However, if you find yourself with a few old coins after the deadline, fear not – you can save them and put them to good use next month.
The Royal British Legion has confirmed that, although the old £1 coins will go out of circulation this week, the Poppy Appeal will accept them throughout November.
Each year, thousands of volunteers distribute poppies throughout the nation, collecting donations to help support the vital work the Royal British Legion does for the Armed Forces community.
Members of the public wear the paper poppy on their chest as a symbol to remember the fallen service men and women killed in conflict.
A spokesman for Sussex Royal British Legion posted on Facebook : “A quick reminder: The old £1 coins go out of circulation on October 15, but the Poppy Appeal can accept them during November.”
The new 12-sided one pound coin was released into the hands of the public on March 28 and was introduced in a bid to tackle counterfeits.
Chief secretary to the Treasury David Gauke spoke when the coins were first introduced and said it was a “historic moment”.
“It's the first time we've introduced a new £1 coin since 1983, and this one will be harder to counterfeit than ever before," he said.
"Our message is clear: if you have a round one pound coin sitting at home or in your wallet, you need to spend it or return it to your bank before October 15."
For a limited period after the deadline, old £1 coins can also be deposited at the Post Office and into bank accounts.
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