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‘Clock is ticking’ for old pound coins

The new-look pound coin is more secure.

The new pound coin has been hailed as a the most secure form of currency in the world, with no evidence it can be faked.

Exchequer Secretary to the Treasury Andrew Jones was speaking during a visit to a high-security coin storage facility in Belfast.

There are now more of the new 12-sided coins in circulation than the old ones, which will cease to be legal tender on 15 October.

Mr Jones urged people to bank, spend or donate them before the deadline.

He said: "To have more new coins in circulation than old at this point is great news - however, with less than 100 days to go, the clock is ticking."

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