New high-tech £1 coin to replace old pound in bid to tackle forgeries

The new 12-sided £1 coin will enter circulation on Tuesday, replacing the old round version after 30 years.For the next six months both coins will be accepted as legal tender, but people are being encouraged to return their old pound coins to the bank or spend them by 15 October at the latest.The new pound coin will gradually enter circulation over the next few months.