As of March 2017 the new 12-sided £1 coin will enter circulation.
If you purchased Lockers with Coin Locks (return or retain) before 1st July 2016, then the coin lock will need to be replaced. If the locks are not replaced come September 2017, when the current £1 is taken out of circulation, the lockers will become unusable.
Fortunately all Coin Locks have now been future proofed and redesigned to accept both the current and new £1 coins. This means you can replace the locks now and no further modification will be required.
If you have purchased lockers with coin locks after this date, then your lockers should be fitted with the new coin locks and you will not need to replace them. Please also note that if you are looking to purchase new lockers with coin locks you do not need to buy the locks shown below.
If you need New Coin Locks please take a look at our simple guide to finding the right replacement coin locks for your existing lockers here.
Please contact our Sales Team via Live Chat or Call us on 01922 715 130 for a free quotation.
Want to know more? Please visit the Royal Mint's dedicated Website here.