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The new 12-sided £1 Coin.

PostPosted: Mon Jan 02, 2017 7:47 pm
by henrysmedford
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.










Re: The new 12-sided £1 Coin.

PostPosted: Tue Jan 03, 2017 3:03 am
by highroller4321
Its said that 50-60% of the 1 pound coins are counterfeit. Looks like they finally are taking some serious measures to stop that!

Re: The new 12-sided £1 Coin.

PostPosted: Tue Jan 03, 2017 10:24 am
by coindood
Curious what the "hidden security feature" is.

Re: The new 12-sided £1 Coin.

PostPosted: Tue Jan 03, 2017 3:43 pm
by henrysmedford
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.