18/09/2017 - Permalink

Donate your round pound to a local charity

Related topics: Adult social care / Corporate

News from our partners Age UK Shropshire Telford & Wrekin

With just under one month to go before the round pound is no longer legal tender, you may wish to consider donating your old pound coins to local charity Age UK Shropshire Telford & Wrekin.

pound coin

Royal Mint’s changeover campaign

Donations of old pound coins received by the charity will go towards its services which support older people around the county.

The round pound will lose its legal tender status at 11.59pm on Sunday 15 October 2017, and is being replaced for the first time in over 30 years because of its vulnerability to sophisticated counterfeiters.

The Royal Mint is currently producing 1.5 billion new £1 coins at a rate of up to 2,000 each minute, and a staggering three million in total every day.

As some of the new coins will be made from the old round pound coins, The Royal Mint is urging the UK public to spend, return or donate their old pounds so that they can be melted down and reused to make the new coins.

Heather Osborne, Chief Executive of Age UK Shropshire Telford & Wrekin, said:

“If anyone wishes to donate their round pound coins they can do so by popping into any of our offices in Mardol Gardens in Shrewsbury or Meeting Point House in Telford. People may have lots of forgotten old pound coins in piggy banks, collection tins, drawers and down the sides of their sofas, and it would be wonderful if they could donate them to us so we can support more local older people.”

For more information about Age UK Shropshire Telford & Wrekin, go to www.ageuk.org.uk/shropshireandtelford.