Make sure you’re quids in, not skint

GoCompare reveals almost half of Brits say they have £1 coins lying around in the house and in their cars, which together total £420m.

Those who don’t round-up up their old £1 coins, could lose an average of £17.55 each when the currency becomes worthless in a just few months’ time.

The survey of 2,000 UK adults found:

18% have £1 coins in pots of loose change lying around their home

13% say their kids keep £1 coins in their piggy banks

17% of Brits keep £1 coins in their car to use in supermarket trolleys

15% of people keep £1 coins in the glove box of their vehicle to pay for parking

14% say they have £1 coins down the back of the sofa

Matt Sanders from GoCompare Money told us: “To allow for the change, from the end of March to midOctober both the old and new £1 coins will be in circulation at the same time and will be accepted by shops and banks. After October 15 the old £1 coins will no longer be legal tender. “So, if you’ve got a collection of old style £1 coins in a piggy bank, coin jar or if you keep some in the car to pay for parking or to use to release the lock on a supermarket trolley – you’ll need to round them up and either spend them or pay them into the bank before the October cut-off date. Otherwise, you could be left out of pocket.”