What happens to old pound coins, now they’ve been replaced? - BBC London News
2017 ж. 27 Там.
478 954 Рет қаралды
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.
Who else misses the old pound coin?
Thing is it's gonna make it more special.
The commemoratives were so cool but niw there is only 1 design :(
Look how clean their hi vis are. This is the first time they have ever been inside that warehouse.
Tom tbf he is the owner doubt he does many of the sorting
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
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.
if i was working there i would leave a couple of *pounds* heavier..
Sweet Pastel Panda cheesy lol
So bad it is good
Lmao 🤣, I see what you did there
I heard the canteen is subsidised
The U.S. never demonitized any of it's money. So we never have a problem.
Is it just me wondering if employees pocket some coins on the daily
I was just thinking the same thing! hehehe :D
I highly doubt that. They might have to go through metal detector, and all sort of things before leaving the building.
I was gonna say coins ain’t made of metal
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 :)
Ali Sheikh extra money
They will probably use them to pay that brexit bill on the sly
The Tinman Inflation is already rising they can't risk it
The Tinman 😂
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
Harry Wood actually it's just one metal core, zinc, then an alloy outer, the color is gold plating
(Ippiki Õkami) No, it's not gold plating do you know how stupid and expensive that would be.
He said its the colour of Gold plating. He also stated the whole thing is 1 metal.
@@Garfie489 should've said golden not gold
END COIN SEGREGATION!
fireaza coincist!!
Still don't know what's happening with the old coins
Arrogant Tuber melted
to what? and for what?
Passing Piranhas the new £ coin apparently
Well there’s still one in my pocket HAH YOULL NEVER TAKE IT FROM ME
Lennie Bennie what a lowlife
Jimmy Saville says you innit
Lennie Bennie I have a load of rare pound coins at my house
Lennie Bennie i have 10
VSAlice X hissssss
click bait what happens to the coins
allison is bipolar They end up in Dagenham
Black Liquorice yh but den wah
You can still use old pound coins in arcade games and vending machines
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.
You could still turn them in at banks for some time after and you can post them off to the Royal Mint indefinitely
Imagine if the old pound coins had traces of gold in them thats why they want them back
But what actually happens with our old £1 coins?
I love that they said when the new one came out it would be nearly impossible to counterfeit , took the villains a week lol
If I worked there I’d be in prison in seconds
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
I wonder how many employees took some of them coins If I’m honest I would’ve done so myself 😂😂👌🏾
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?
I’d find it so hard not to take loads of coins if I worked there
I miss the paper money compared to the plastic
Not to all the old pound coins. Some are kept in a bag under my bed still.
Lol
Only if I was working there 😂😂
don't worry you can give them to me
I still prefer these old pound coins to the new ones
You didn’t even answer the bloody question! *What happens to them?* Not: where does it go?
He definitely forgot what shape the new coins were then
“In 8 weeks time you wont be able to spend them”?... I’m still spending the old ones now cuz.
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 😂😂
One good use for the old pound coins are for old arcade machines, especially pinball machines
Vaultex - Your protection from nuclear fallout for just a pound!
War never changes.
Apparently people say that some workers there steal the new one pounds
Didn't really say what was happening to them now though, did you?
Are they not tempted to grab a couple of handfulls???? 😃😃😃😃
little miss sunshine no
little miss sunshine yes I shoved £100 up my ass and left
little miss sunshine i'm sure they are checked at the end.
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
Jack Williams wait jail for piching a few coins ? I assumed uk law less harsher
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.
Hardly shown you how they recycle them.
So what does happen to the coins? All I got was a telling off and shown coins separated
I still have old pound coins lol I'm never getting rid of them
But what happens to them
MadKiller _ 324 i think melted and used for new £ coins
Nc demon but this was what this god damn clip was meant to tell us, not show how they're sorted.
Recycled.
What a cock up, 'we're replacing old with new' and even machines can't tell the difference.
I work for a retailer company we still get old pound coins from the bank
I mean if I worked there i don’t think anyone would notice a few missing ;)
Anyone looking at this because they forgot what the old pounds looked like
Talks about obvious differences and doesn’t point out the silver LMAO
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
So many of years later this coin will be super super rare and will most likely be more expensive
What does the royal mint do with them though?
if I worked there my pockets would be stuffed everyday lmfao
you'd be sacked on the spot.
Will still be useful for money machines just not shops , so I'll carry on using them
That's all well and good but I want to know what happens to them?
Dagenham I’ve never seen this place
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.
They probably melted to liquid metal so they can use them again
Still unclear, after watching this, about what happens to the old
So what happens to the old coins?
Imagine robbing this place. Thousands of pounds to your name. And if properly planned you can’t even get caught.
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
Apparently the old coins are melted and used for the new coins
This was a controversial decision. Why couldn't they just keep the old ones.
I still have some pound coins! Hahaha
Rob one of these places instead and grab the new coins that are being put in! Ahahaha 😂😂😂
I still have a few old ones.. keeping them.. aswell as the old £5 and £10.. might be eorth something some day.. hahaha
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
atleast UK news videos are in good quality. uUS new video are mostly 360p
Thanks from Egypt
I wanted to see some coins being melted down
So what happens to the old ones you didn't say?
money is evil
I thought they just dumped everything in the oceans
RIP to the 2 wings and chips coin ????AD-2017
1983-2017
I still have one lool😂
Its Janelle I have 10 :)
Its Janelle you could sell it on eBay
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
She forgot to say it's uglier
Like your face
I'm a ghost you idiot
Torin Jones Like your face
Torin Jones it's not
Akmak so your gonna come here and insult people
What's the point of replacing the old with new ones ?
I have an old £1
If I was working there I would bring a truck 🚛 to store 100 bags of coins lol
i miss those
who else just wants to go there but knowing me I'd want to steal it ahaha
So they didn't actually tell us what happens to the old coins...
This is probably a very well paid job
They must be paid in product
It’s not bad I tell you that now!
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.
Lmbao
I miss the old pounds
Looked way better
How could I sell this mine
How much does it cost that old UK One pound
About a quid mate
Was hoping there'd be some sort of scrooge mcduck money pit.
So what actually happens ? you just showed a video of people putting new coins with old. Nothing in the video reflects the title.
I bet one of them are from the malteasers i bought in co op
I have an old pound and you will never get it from me!!!!!
Just imagine no one is there and getting a bag and scooping it all up OOOOOOOOHOOO HOOO HOOOO
I bet staff there thieve all day long
Teddy Bass They probably are scanned by metal detectors before exit
theres a movie aboout this based on a true story, it used to happen but not anymore :D
ho chi what movie ??? Name please sounds like a funny movie😂
Spend it whilst it lasts I guess 😂
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
I'd be good at the sorting job... one for you, one for me
I think the queen could take a few handfuls since it's her face in it?
Damn if I had that money 💵
For anyone in doubt about which is which....they look completely frigging difference but thanks for stating the bloody obvious bbc
If i have one...
I have older coin one pound written on side of coin
They go into a time machine so the government can make themselves incredibly rich in the past XD
money is printed and coins are made , how can we ever run out of money....
I bet the staff are quids in
So stupid that they revoke legal tender status from old coins and notes in England and in much of the world. Here in America every note and coin ever issued is still legal tender.
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.
What about colloctet coins.. They can be worth the weight in gold. Look at kew Gardens 50 p