abillybob Posted March 19, 2014 Posted March 19, 2014 Well as long as they accept the coin that's all that matters !
korifugi Posted March 19, 2014 Posted March 19, 2014 Pennies and Two pence pieces are copper plated steel anyway, not completely copper. The change away from bronze (97% copper) coins happened around 1992! I know they went to 'non-bronze', more about the fact they were talking about abolishing the denominations altogether.
sonofsanta Posted March 19, 2014 Posted March 19, 2014 Easiest way to spot a counterfeit is the two faces not lining up, IME. Still, £45m of fake coins... can't we just knock that amount off the quantitative easing the Bank of England does? And we all know there are much bigger fish to fry than that in the corporate tax evasion column of the ledger. Design is not half bad, so long as the new coin is still chunky like the current quid, I like the weight and satisfaction of a pound coin!
sparkeh Posted March 19, 2014 Posted March 19, 2014 How to spot fake £1 coins: Counterfeit One Pound Coins | The Royal Mint
Garacesh Posted March 19, 2014 Posted March 19, 2014 (edited) 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! 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? People tend to think this is so that it's "Under £20" "Less than £600", etc, but actually, it was introduced to force (or make it damn-near as close to guaranteed as you can) that the cashier has to return some change. Till's can't be opened without queuing up a transaction. Stops people "selling" something and pocketing the cash. Edited March 19, 2014 by Garacesh
sted Posted March 19, 2014 Posted March 19, 2014 How do people even make fake coins!? in my experience step one melt some chocolate, step 2 pour into mold stage 3 optional eat lol 2
unixman_again Posted March 19, 2014 Posted March 19, 2014 I've got a fake 50p. It's exactly the same shape and size and a real coin, but completely lacks any design. It came out of a parking meter, which is why it was made I guess. The 1 and 2 cent coins were abolished in Australia in the 1990s due to inflation reducing their value, and the high cost of bronze. The actual coins were used to create the bronze medals for the Sydney Olympics. When there were abolished, they was a huge amount of uproar as they figured shops were ripping you off, but we quickly got used to it and worked the system to our advantage. I used to by three bottles of milk from the corner shop and if I got them as a three, it got rounded up, where as if I paid for two and then said that I would take another, both got rounded down, so I was ahead.
googlemad Posted March 19, 2014 Posted March 19, 2014 Another reason for the 99p or whatever is it means the cashier has to open the till to give change which makes it harder for them to pocket the quid or so I thought anyway!
Garacesh Posted March 19, 2014 Posted March 19, 2014 Beat you to it, @googlemad I like the look of this new £1, personally. Not sure how it makes it harder to counterfeit (beyond getting a new mould and some silver paint) but I'm sure they've done something fancy. I guess I just don't know enough about making fake coins, then
korifugi Posted March 19, 2014 Posted March 19, 2014 in my experience step one melt some chocolate, step 2 pour into mold stage 3 optional eat lol I'm not convinced that works - you'll have to send some over for perusal
SteveT Posted March 19, 2014 Posted March 19, 2014 Three of the six people in my office had counterfeit pound coins when we checked just now. You do realise that now you have recognised them as counterfeit you are committing a criminal offence if you try to use them!!!
abillybob Posted March 19, 2014 Posted March 19, 2014 You do realise that now you have recognised them as counterfeit you are committing a criminal offence if you try to use them!!! But.... YOLO!
6Foot2 Posted March 18, 2015 Posted March 18, 2015 Link: New £1 coin design, created by a teenager, revealed by Mint - BBC Newsbeat The new £1 coin will feature a drawing by a 15-year-old, after he won a competition to design the "tails" side...
Garacesh Posted March 18, 2015 Posted March 18, 2015 It features the four plants associated with the four nations that make up the UK. That's actually a really nice idea. I like the design.
Novalee Posted March 18, 2015 Posted March 18, 2015 They should get rid of the £1 coin and have plastic £1 notes instead. Hate carrying around coins. Nope - I regularly visit a country which has only paper currency and that is really hard work in the shop sometimes trying to fit it all in your wallet. I like our mix of notes and coins, I think it's just right. The new coin, not sure about the silver centre - it looks too similar to a £2 coin at a glance.
FN-GM Posted March 18, 2015 Posted March 18, 2015 Nope - I regularly visit a country which has only paper currency and that is really hard work in the shop sometimes trying to fit it all in your wallet. I like our mix of notes and coins, I think it's just right. The new coin, not sure about the silver centre - it looks too similar to a £2 coin at a glance. Im not talking about paper notes, I mean plastic notes. Having lived in a country that uses plastic notes they should work fine. Plastic notes last much longer and take up loads less wallet space than paper.
JRowley Posted March 18, 2015 Posted March 18, 2015 Im not talking about paper notes, I mean plastic notes. Having lived in a country that uses plastic notes they should work fine. Plastic notes last much longer and take up loads less wallet space than paper. We are already getting plastic notes, so I don't see a reason why we couldn't have £1 notes. We had them in the past after all. Though it would mean a lot of infrastructure changes to accommodate paying small amounts in notes and not coins.
elsiegee40 Posted March 18, 2015 Posted March 18, 2015 I am fine with plastic notes, but I really don't want to return to £1 notes. They simply take up too much space. Never mind all the meters and machines that would need converting to take notes. Having to pay for parking with tonnes of 50p pieces isn't an attractive option.
STK91 Posted March 18, 2015 Posted March 18, 2015 They should get rid of the £1 coin and have plastic £1 notes instead. Hate carrying around coins. Completely with you on this, or just have contact less everywhere
Garacesh Posted March 18, 2015 Posted March 18, 2015 Completely with you on this, or just have contact less everywhere I will never embrace contactless payment. We spent years pushing Chip&Pin as a secure payment method and then just throw it out of the window in favour of greater convenience? No thanks.
sted Posted March 18, 2015 Posted March 18, 2015 I will never embrace contactless payment. We spent years pushing Chip&Pin as a secure payment method and then just throw it out of the window in favour of greater convenience? No thanks. not to mention the amount of times ive tried to use it and it just dosent work and i end up using chip and pin anyway after spending ages waving /pushing the card against the receiver. That would also need things like say parking meters to be networked in some way and as these are things in a public place it wouldnt be too hard i cant see to intercept that data or just reprogram/switch the receiver for a dodgy one
SteveBentley Posted March 18, 2015 Posted March 18, 2015 Of course the reason for the new shaped coin is you can use a spanner to get it out of George Osborne's hand 1
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