Thumbnail of new £1 coin from Royal Mint

Royal Mint starts £1 coin production

The new 12 sided £1 coin has officially gone into production a year before it is due to be issued into circulation, with the UK’s Royal Mint producing the coins at a rate of 4,000 coins per minute and the aim of producing 1.4 billion of the new coins. The UK’s Chancellor of the Exchequer, George Osborne,…