United Kingdom
Related: About this forumNew pound coin to tackle fraudsters.
Described as a "giant leap into the future" the new coin will replace the old one, after the Treasury announced that 3% in circulation are fake - a total of over 45 million.
The coin is based on the historic three pence piece, also known as the 'Threepenny bit', which was the first coin to feature a portrait of Queen Elizabeth II.
But unlike its predecessor, the new coin - which will be roughly the same size as the existing one when introduced in 2017 - will contain an array of technological advances making it difficult to forge.
As well as a 'bi-metallic' construction similar to the existing £2 coin, the new £1 will also feature new banknote-strength security pioneered at the Royal Mint's headquarters in Llantrisant, South Wales.
http://www.heraldscotland.com/news/home-news/new-pound-coin-to-tackle-fraudsters.1395182552
Threepenny bits..........................
Thor_MN
(11,843 posts)As with all coins, the Queen's effigy will be on the "heads" side, but the Treasury has said there will be a public competition to decide the design for the 'tails' side.
non sociopath skin
(4,972 posts)The Skin
LeftishBrit
(41,210 posts)dipsydoodle
(42,239 posts)Its odd they used an even number of sides which can be difficult in slot machines. 50p and 20p are both odd numbers which roll more easily. I recall problems with a six sided Yemeni coin in the mid eighties. That was overcome by the new library in which it wouldn've been used to pay for photocopies being destroyed in a rocket attack.
Anyway - I was using rhyming slang as I do from time to time.