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<p>The process of repatriation of the old £1 coins is still ongoing. Coins are being
returned to banks by individuals and businesses every day. We encourage those that
still have round £1 coins to now bank or donate them to charity.</p><p> </p><p>In
all recoinages, a proportion of coin is not returned. We expect that the proportion
of round £1 coins removed from circulation to be in line with previous withdrawals
of high denomination coins, such as the recoinage of the 50p, which took place between
1997 and 1998.</p><p> </p>
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