The new 12-sided £1 Coin.

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The new 12-sided £1 Coin.

Postby henrysmedford » Mon Jan 02, 2017 7:47 pm

From--http://www.thenewpoundcoin.com

Look like the old one will be Demonetisation.


Autumn 2017
Demonetisation

all your coin handling equipment should be able to accept the new £1 coin.
you are under no obligation to accept the round £1 coin from your customers and you should not distribute the round £1 coin.
the round £1 coin can continue to be deposited into a customer’s account at most high street banks and the Post Office*

*check with your bank for more details, including deposit limits.









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Re: The new 12-sided £1 Coin.

Postby highroller4321 » Tue Jan 03, 2017 3:03 am

Its said that 50-60% of the 1 pound coins are counterfeit. Looks like they finally are taking some serious measures to stop that!
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Re: The new 12-sided £1 Coin.

Postby coindood » Tue Jan 03, 2017 10:24 am

Curious what the "hidden security feature" is.
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Re: The new 12-sided £1 Coin.

Postby henrysmedford » Tue Jan 03, 2017 3:43 pm

coindood wrote:Curious what the "hidden security feature" is.

Latent image – it has an image like a hologram that changes from a ‘£’ symbol to the number '1' when the coin is seen from different angles.
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