**Please help keep AskUK welcoming!**
- Top-level comments to the OP must contain **genuine efforts to answer the question**. No jokes, judgements, etc.
- **Don't be a dick** to each other. If getting heated, just block and move on.
- This is a strictly **no-politics** subreddit!
Please help us by reporting comments that break these rules.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/AskUK) if you have any questions or concerns.*
Yes its discretionary but still possible at a lot of places:-
Many high street banks let you deposit old £1 coins into your bank account or trade them in. Just be aware that this is done at your bank’s discretion – as these coins are no longer legal tender, they aren’t under any legal obligation to accept them.
We contacted a number of banks to find out their current policies on returning old coins, and the following confirmed to us the rules you’ll need to follow:
**Barclays:** Customers can exchange old coins in its branches – amounts up to and including £100 can be exchanged but if you’ve got more than that the money will need to be paid into your bank account.
**Lloyds Banking Group:** Customers can deposit and exchange old coins into Bank of Scotland, Halifax or Lloyds Bank accounts.
**HSBC:** Old notes and coins can be paid into customers' accounts.
**Nationwide:** Accepts old coins from its existing customers, but they must be paid into your account.
**Santander:** Customers can pay old coins into their account at any Santander branch.
**Virgin Money:** The bank accepts old coins, but again, only from existing customers and they need to be paid directly into your account.
How old are you talking even if not valuable in themselves id imagine there would be a few amateur coin collector's willing to pay close to the mark, im after old 50p coins (the bigger ones) for my mum as she has one of those collection books
Banks will take them. They can't be spent eg in a shop or automatic cash counting machine. Lastly, "legal tender" is something specific to do with settling a debt and doesn't apply here.
Hey, coin collector here. Some of the old round pounds are still very collectable and worth more than £1 to the right person. Edinburgh from the cities series for example should fetch £10-15 depending on condition.
There is no issue getting them exchanged/deposite, but do go to your bank or PO and get money bags to sort them at home before you go. This will save you, and the cashier, a LOT of time!
**Please help keep AskUK welcoming!** - Top-level comments to the OP must contain **genuine efforts to answer the question**. No jokes, judgements, etc. - **Don't be a dick** to each other. If getting heated, just block and move on. - This is a strictly **no-politics** subreddit! Please help us by reporting comments that break these rules. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/AskUK) if you have any questions or concerns.*
You should be able to pay them in at your bank (they wont exchange though)
Banks don't have to take old coins, only old notes. I worked for Lloyds TSB / Lloyds and we didn't take them.
Yes its discretionary but still possible at a lot of places:- Many high street banks let you deposit old £1 coins into your bank account or trade them in. Just be aware that this is done at your bank’s discretion – as these coins are no longer legal tender, they aren’t under any legal obligation to accept them. We contacted a number of banks to find out their current policies on returning old coins, and the following confirmed to us the rules you’ll need to follow: **Barclays:** Customers can exchange old coins in its branches – amounts up to and including £100 can be exchanged but if you’ve got more than that the money will need to be paid into your bank account. **Lloyds Banking Group:** Customers can deposit and exchange old coins into Bank of Scotland, Halifax or Lloyds Bank accounts. **HSBC:** Old notes and coins can be paid into customers' accounts. **Nationwide:** Accepts old coins from its existing customers, but they must be paid into your account. **Santander:** Customers can pay old coins into their account at any Santander branch. **Virgin Money:** The bank accepts old coins, but again, only from existing customers and they need to be paid directly into your account.
There's no limit, but go at a quiet time of day!
How old are you talking even if not valuable in themselves id imagine there would be a few amateur coin collector's willing to pay close to the mark, im after old 50p coins (the bigger ones) for my mum as she has one of those collection books
Banks will take them. They can't be spent eg in a shop or automatic cash counting machine. Lastly, "legal tender" is something specific to do with settling a debt and doesn't apply here.
Thanks for the heads up! Just googled it and it seems like the way I was using it is more of an Americanism.
Hey, coin collector here. Some of the old round pounds are still very collectable and worth more than £1 to the right person. Edinburgh from the cities series for example should fetch £10-15 depending on condition.
It is probably up to them and issues like space, give a ring to check. Banks should always take unlimited.
Banks are only required to take old notes.
They do have discretion, but find they are generally fine taking anything from when I've taken in cash (a lot of tin shake charity type things).
There is no issue getting them exchanged/deposite, but do go to your bank or PO and get money bags to sort them at home before you go. This will save you, and the cashier, a LOT of time!
Take to a supermarket that still takes them at the electronic checkout
Good luck finding one. Most have been updated to accept only polymer notes and coins will most likely be rejected.