What happens to old pound coins, now they’ve been replaced? - BBC London News

There are just eight weeks left until 15 October, the deadline to return old one pound coins before they're no longer legal tender. But the process is going a little slower than expected because more people than expected are actually returning the new ones instead. Nicola Ford visited the company in Dagenham recycling all those old coins.

[@Supercrayawn]

Look how clean their hi vis are. This is the first time they have ever been inside that warehouse.

[@MN-mc8ik]

Tom tbf he is the owner doubt he does many of the sorting

[@Sergeantmajormario]

Actually not all Hi-Vis get dirty so quick, I worked on a Car Park for a few summers in Cornwall and my vests were still in proper decent condition

[@Mirsab]

Well how dirty can you get from coins? It's not like they're working in a garage changing oils Edit: I meant dirty as in visibly dirty, obviously coins must be disgustingly unhygienic.

[@Murtydaking]

Is it just me wondering if employees pocket some coins on the daily

[@JenniferElliott1]

I was just thinking the same thing! hehehe :D

[@user-tm1ix7xi1n]

I highly doubt that. They might have to go through metal detector, and all sort of things before leaving the building.

[@shanebrown8726]

I was gonna say coins ain’t made of metal

[@JenniferElliott1]

I just researched some info: "What are the new pound coins made of? The new pound coin is made of two metals. The outer ring is gold coloured (nickel-brass) and the inner ring is silver coloured (nickel-plated alloy)." - 26 May 2017 :)

[@x-notrust-x3544]

Ali Sheikh extra money

[@Dolly-dj2yb]

if i was working there i would leave a couple of *pounds* heavier..

[@khalidmohamed1190]

Sweet Pastel Panda cheesy lol

[@oscarosullivan4513]

So bad it is good

[@mythical5311]

Lmao 🤣, I see what you did there

[@Mybwain]

I heard the canteen is subsidised

[@williamkinkade2538]

The U.S. never demonitized any of it's money. So we never have a problem.

[@lewis1717]

They will probably use them to pay that brexit bill on the sly

[@SdoubleA]

The Tinman Inflation is already rising they can't risk it

[@shaneelwamdeo1415]

The Tinman 😂

[@arroganttuber6211]

Still don't know what's happening with the old coins

[@notsusoranythingbut3822]

Arrogant Tuber melted

[@PassingPiranhaFilms]

to what? and for what?

[@notsusoranythingbut3822]

Passing Piranhas the new £ coin apparently

[@harrywood6502]

so people are meant to notice the mass and thickness to tell the difference but you left out the obvious thing that they are made of two metals with two colours

[@Omnishredder]

Harry Wood actually it's just one metal core, zinc, then an alloy outer, the color is gold plating

[@benlawton5420]

(Ippiki Õkami) No, it's not gold plating do you know how stupid and expensive that would be.

[@Garfie489]

He said its the colour of Gold plating. He also stated the whole thing is 1 metal.

[@Mirsab]

@@Garfie489 should've said golden not gold

[@EleniLee]

Well there’s still one in my pocket HAH YOULL NEVER TAKE IT FROM ME

[@neymar7216]

Lennie Bennie what a lowlife

[@EleniLee]

Jimmy Saville says you innit

[@tracygod5958]

Lennie Bennie I have a load of rare pound coins at my house

[@notsusoranythingbut3822]

Lennie Bennie i have 10

[@notsusoranythingbut3822]

VSAlice X hissssss

[@wolfendoom7269]

Who else misses the old pound coin?

[@scootergrant8683]

Thing is it's gonna make it more special.

[@irfanuddinrafi]

The commemoratives were so cool but niw there is only 1 design :(

[@fireaza]

END COIN SEGREGATION!

[@animeguy7192]

fireaza coincist!!

[@allisongyal]

click bait what happens to the coins

[@sufc-afc2160]

allison is bipolar They end up in Dagenham

[@mullbagg]

Black Liquorice yh but den wah

[@lewis0705]

You can still use old pound coins in arcade games and vending machines

[@robertokarlos3968]

I miss the paper money compared to the plastic

[@mullbagg]

Imagine if the old pound coins had traces of gold in them thats why they want them back

[@alixena9340]

Wow, I am actually amazed and disgusted that the UK government has decreed that there is a cut-off date when the old coins are no longer legal tender, so soon after issuing the new ones. That is outrageous.

[@grassytramtracks]

You could still turn them in at banks for some time after and you can post them off to the Royal Mint indefinitely

[@jorgew7538]

If I worked there I’d be in prison in seconds

[@BREN70S]

I love that they said when the new one came out it would be nearly impossible to counterfeit , took the villains a week lol

[@SuperSweetToffee]

But what actually happens with our old £1 coins?

[@charliehunter794]

I’d find it so hard not to take loads of coins if I worked there

[@LcSlimline]

Not to all the old pound coins. Some are kept in a bag under my bed still.

[@shlabadusikakisskissfatnes8640]

Lol

[@antdean5652]

He definitely forgot what shape the new coins were then

[@peterrowe3936]

Hold on title says "what happens to old pound coins, now they've been replaced! and proceed to not even show or answer what happens to them WTF is that about

[@mahmoudbey4404]

don't worry you can give them to me

[@mahjonglover3614]

Vaultex - Your protection from nuclear fallout for just a pound!

[@isr2295]

War never changes.

[@yocecil3538]

“In 8 weeks time you wont be able to spend them”?... I’m still spending the old ones now cuz.

[@dantuckwell5212]

One good use for the old pound coins are for old arcade machines, especially pinball machines

[@mohammedawais8699]

Only if I was working there 😂😂

[@matt-mu2xg]

I still prefer these old pound coins to the new ones

[@littlemisssunshine874]

Are they not tempted to grab a couple of handfulls???? 😃😃😃😃

[@x-notrust-x3544]

little miss sunshine no

[@Monk-E]

little miss sunshine yes I shoved £100 up my ass and left

[@animeguy7192]

little miss sunshine i'm sure they are checked at the end.

[@gamingassassin1325]

They will more then likely be metal detected at the end of their shift before they are allowed to leave. They did that with all the staff at PC World at the start of their shift and after it

[@miamor5929]

Jack Williams wait jail for piching a few coins ? I assumed uk law less harsher

[@monaldn865]

You didn’t even answer the bloody question! *What happens to them?* Not: where does it go?

[@Roof_Pizza]

What a cock up, 'we're replacing old with new' and even machines can't tell the difference.

[@loadedezyy754]

Apparently people say that some workers there steal the new one pounds

[@typlays3693]

I wonder how many employees took some of them coins If I’m honest I would’ve done so myself 😂😂👌🏾

[@TheWeepingDalek]

you would of been sacked then. security is high at these places. why risk a paying job for a few extra coins? doesn't seem that smart in the long term does it?

[@DustyMutters]

Didn't really say what was happening to them now though, did you?

[@bjdon99]

As an American, our coins have always remained legal tender. They’re just withdrawn from circulation, but if you want to pay for something with a 1922 silver dollar you can it’s still worth one dollar.

[@mattymorris8952]

I love how the obvious choice isn’t the fact that one is plain colour and the other has a silver coin inside but that it has 12 sides 😂😂

[@deanscorpio]

Hardly shown you how they recycle them.

[@joshsimpson2443]

I work for a retailer company we still get old pound coins from the bank

[@nickoxide]

So what does happen to the coins? All I got was a telling off and shown coins separated

[@11driller52]

Imagine robbing this place. Thousands of pounds to your name. And if properly planned you can’t even get caught.

[@mrm-rd6dp]

Actually no if you going to rob these places, it’s best to go for the cash centres and not the coin centres. Security is however damn tight you can’t rob a thing

[@Fahad-rb6qi]

So many of years later this coin will be super super rare and will most likely be more expensive

[@DP-hy4vh]

1:25 - Lighter and thinner. Basically devalued like US coins when they removed silver in the 1960s or most copper from pennies in the 1980s.

[@freeganjustin6699]

For thuse who still have round pounds, they can still be paid into an account at a clearing bank. In fact, the banks are obliged to take them under the terms of their charter. I pay in at least one bag of twenty each week, all found with my metal detector.

[@MrFiendyBob]

I mean if I worked there i don’t think anyone would notice a few missing ;)

[@AverageAlien]

I still have old pound coins lol I'm never getting rid of them

[@Teddy_Bass]

I bet staff there thieve all day long

[@x-notrust-x3544]

Teddy Bass They probably are scanned by metal detectors before exit

[@hochivlogs]

theres a movie aboout this based on a true story, it used to happen but not anymore :D

[@miamor5929]

ho chi what movie ??? Name please sounds like a funny movie😂

[@mrslawburn5201]

Spend it whilst it lasts I guess 😂

[@ethanh8189]

Teddy Bass a family friend of ours used to work in this industry and there is very high security and checkpoints were staff are scanned regularly

[@2icelollys1goat]

Still unclear, after watching this, about what happens to the old

[@Adz-jh5gg]

Will still be useful for money machines just not shops , so I'll carry on using them

[@x-notrust-x3544]

But what happens to them

[@notsusoranythingbut3822]

MadKiller _ 324 i think melted and used for new £ coins

[@daviddawes7316]

Nc demon but this was what this god damn clip was meant to tell us, not show how they're sorted.

[@osamaalmulki4548]

Recycled.

[@notsusoranythingbut3822]

Apparently the old coins are melted and used for the new coins

[@AlexOjideagu2]

That's completely false that you won't be able to spend the old coins. Business can accept them indefinitely if they wish. It's just not likely they will be accepted.

[@haydenfellows4195]

They probably melted to liquid metal so they can use them again

[@davidmaxim]

Dagenham I’ve never seen this place

[@georgemacpherson1992]

This was a controversial decision. Why couldn't they just keep the old ones.

[@torinjones3221]

She forgot to say it's uglier

[@Akmak]

Like your face

[@torinjones3221]

I'm a ghost you idiot

[@Akmak]

Torin Jones Like your face

[@AverageAlien]

Torin Jones it's not

[@Mr_Gordondead]

Akmak so your gonna come here and insult people

[@gg-eu3tr]

money is evil

[@jimbo2087]

I would just take a handful home everyday

[@joebrooks5115]

What does the royal mint do with them though?

[@Greenpoloboy3]

I thought they just dumped everything in the oceans

[@Endtherinbetween]

as a coin collector i have all but 1 of the common old pound coins because my nan spent it when i asked her to look after it

[@modiemaster8456]

Anyone looking at this because they forgot what the old pounds looked like

[@andrewvernon4711]

So what happens to the old coins?

[@yxngsanz2181]

i miss those

[@baileypate9460]

I wanted to see some coins being melted down

[@benalexender3046]

Thanks from Egypt

[@arabellabaker7506]

I still have a few old ones.. keeping them.. aswell as the old £5 and £10.. might be eorth something some day.. hahaha

[@jammybadger6514]

who else just wants to go there but knowing me I'd want to steal it ahaha

[@sbomorse]

So they didn't actually tell us what happens to the old coins...

[@yodaiam6996]

Talks about obvious differences and doesn’t point out the silver LMAO

[@matthewdawkins]

I miss the old pounds

[@smoxesss]

Looked way better

[@hamadp3673]

That's all well and good but I want to know what happens to them?

[@osamaalmulki4548]

What's the point of replacing the old with new ones ?

[@theoriginalgamerhd6477]

RIP to the 2 wings and chips coin ????AD-2017

[@shadowfan982]

1983-2017

[@petermanbeter]

I have an old pound and you will never get it from me!!!!!

[@pokemon_2024_opening]

yet the isle man still has round pound coins in circulation and can be used. and part of the uk. right , another british mix up hi from wales where we don't matter.

[@smoxesss]

Lmbao

[@chloejenkins5622]

If I was working there I would bring a truck 🚛 to store 100 bags of coins lol

[@SweetandFitting]

Was hoping there'd be some sort of scrooge mcduck money pit.

[@rbeales5081]

This is probably a very well paid job

[@qazwsx7090]

They must be paid in product

[@mrm-rd6dp]

It’s not bad I tell you that now!

[@PaulMuzik]

So what actually happens ? you just showed a video of people putting new coins with old. Nothing in the video reflects the title.

[@bdavies1995]

money is printed and coins are made , how can we ever run out of money....

[@dalebenton3354]

The newer pound coins been out for very long,See them also be melted down again,The replaced to newer pound coins again with prince charles on them,I still got the original older style pound coins here,What ive for ever keept out of my change

[@LewysC]

They go into a time machine so the government can make themselves incredibly rich in the past XD

[@rj6288]

if I worked there my pockets would be stuffed everyday lmfao

[@TheWeepingDalek]

you'd be sacked on the spot.

[@jordanjones7172]

So many times even now I get people coming to my work trying to use there old pound coins I work in a pub and usually I accept them and I will swap it for one of my new coins

[@geoffreylee5199]

Looks like our $2.00 coin.

[@AverageAlien]

Geoffrey Lee no it doesn't

[@notsusoranythingbut3822]

I still have 10 of the old £1 coins but not the rare ones

[@nrlimitless2214]

Just checked how much they go for 1 is 2000£ so I hope u stil have them

[@JammyMonkey]

Damn if I had that money 💵

[@k7y]

atleast UK news videos are in good quality. uUS new video are mostly 360p

[@2011arish]

I think the queen could take a few handfuls since it's her face in it?

[@MrLongshot26]

I'd be good at the sorting job... one for you, one for me

[@ItzWhiz_]

Fun fact about myself: I have a small box in my room which contains a locket of my hair, 2 Franc coins that add up to 15 franc, a pre Brexit Euro that has the UK listed as a member, and some pre Brexit £3 coins. I plan to show my future kids & grandkids them.

[@moneykoin]

If i have one...

[@CalderaFinance]

you'll never get them back, just like the gold and silver ones

[@TJD_04]

I bet one of them are from the malteasers i bought in co op

[@danwillis7339]

I bet the staff are quids in

[@kaplays._.286]

Over a billion coins that bloody a billion pounds

[@mrdanthemanboi9]

So what happens to the old ones you didn't say?

[@SatarnMadter]

Just imagine no one is there and getting a bag and scooping it all up OOOOOOOOHOOO HOOO HOOOO

[@peternewson2275]

I reckon they could have made the new coin different enough from the old one to be sorted out more easily.

[@bonnienash8585]

Why did they send us on the great British coin hunt then replace all the coins ? I ain’t giving mine back was collecting them for my kids £2-£1-50p etc. Even got the new £1 where the middle falls out.

[@daveschoey9836]

Why waste time to make a new coin and then complain that they are getting mixed up. There was nothing wrong with the old coin