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Posted
Also I wonder, if Scotland get their referendum and leave, do we have to make new-new £1 coins?

 

Probably not, in my youth pennies with Queen Victoria on them were still legal tender!

Posted
Your pocket money?

 

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Oy cheeky!

 

I was just making the point that changes in the world do not necessarilly get reflected in new coinage.

  • 2 weeks later...
Posted

Link: New £1 coin: Tesco to unlock every trolley as it misses deadline

 

Tesco is unlocking 100,000 of its coin-operated supermarket trolleys after the grocery giant failed to convert them in time for the launch of the 12-sided £1 coin on Tuesday...

 

...Other supermarket groups including Sainsbury’s, Asda, Morrisons, Aldi and Lidl said their trolleys had been fully converted.

 

The new £1 coin could also pose problems for drivers, with an estimated one in 10 parking meters and machines around Britain not yet ready.

 

KitKat chaos also looms, with 15% of Britain’s 500,000 vending machines unable to accept the new coin, despite the industry spending £32m to upgrade them...

Posted

Why are so many people panicking about getting rid of their old coins

 

they seem to think they have to spend them all before tomorrow - and don't consider that they will get more back as change over the next few months

 

anyway - I am wiling to take your old £1 coins off your hands if they are worrying you - free of charge!

(as a special offer - I will also take those nasty plastic fivers that are made by killing animals - it will save them soiling your wallet/purse)

  • Thanks 4
Posted

Doesn't affect me in the slightest anyway.. My savings jar only has 20p's and lower in it :p

I've got a few quids in my wallet that'll be spent in due course. I think they're good until.. October, was it?

Posted
Doesn't affect me in the slightest anyway.. My savings jar only has 20p's and lower in it :p

I've got a few quids in my wallet that'll be spent in due course. I think they're good until.. October, was it?

 

Yes - I think it's October - but if you're worried - just send them to me:D

Posted
Even the fake ones? :)

 

Well - as long as I have no reason to believe they are fake:wink:

 

and in any case - if you have a fake one isn't illegal to pass them on anyway??

Posted
Correct.

You can still take them to the Post Office or your Bank after 15 October.

 

What should I do with my current £1 coins after legal tender status is removed?

Following the ending of legal tender status, the current round £1 coin can continue to be deposited into a customer’s account, either business or personal, at most High Street Banks including RBS, NatWest, Ulster, HSBC, Barclays, Lloyds, Santander, Nationwide, Clydesdale, Yorkshire Bank, Halifax, Bank of Scotland and The Post Office.

 

It may be possible to exchange £1 coins at these banks and the Post Office provided you hold an account with them. Specific arrangements may vary from bank to bank, including deposit limits. It is recommended that you consult with your bank directly.

Posted

Link: mscroggs.co.uk Blog: The End of Coins of Constant Width

 

Although I'm excited about meeting this new coin, I am also a little sad, as its release ends the era in which all British coins are shapes of constant width.

 

Shapes of Constant Width

 

A shape of constant width is a shape that is the same width in every direction, so these shapes can roll without changing height. The most obvious such shape is a circle. But there are others, including the shape of the seven-sided 50p coin...

  • Thanks 1
Posted
wasn't always true before anyway - I still have some old Threepenny bits

(stop tittering at the back there)

 

Probably a reference to the situation as it was more recently before the new £1 coin.

 

:)

Posted
They do it in Australia. They don't have 1 & 2 cent coins. But they sell stuff at 99c so it gets rounded to $1 anyway. Why bother?

 

They do it in Iceland too - their currency is basically just high number Krona and pretty much everything is rounded up into the 10's - so something might be 1550Kr, but I don't recall ever being given anything less than 10Kr and they round up and round down because less than 10Kr is so worthless.

 

Along with this, can retailers just stop making things 1p less than a full pound (eg 99p, £1.99 etc) its very irritating and we know what they are doing!

 

Blah blah, psychology, blah blah foolish sheeple shoppers, blah blah something-science-y. But yes, it's tedious.

 

In all my life I have never had a counterfeit coin, nor did I even know they existed until that post came up, suppose it could depend on where you live!?

 

Yes you have. You just didn't realise. 1 in 40 are fake. The really easy ones are the ones that are too yellow in colour (which might be challenging for colour blind people), but the easiest way to tell is to compare the front and back - if the Head and 'Tail' designs are aligned, then it's likely real, if they are misaligned then it's fake. The edges will also be too smooth and the design on the edge lacks definition.

 

Here is an example: They look very similar but the top one is fake.

 

article-1298045-0A9691B8000005DC-409_306x365.jpg

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