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The new £1 Coin

thenewpoundcoin.com

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Re: The new £1 Coin

#401

Post by ptaipale »

r00fus wrote: post #379
ptaipale wrote: post #168

Earlier quoted context omitted.

Likewise for the euro: the Thailand 10 baht coin (worth about 27 cents) is quite similar to 2 euro coin, similar enough that you actually have to look carefully to notice. Each euro country mints their own coins with different insignia, so people are used to 2 euro coins that what whatever figurehead.

That always piqued my interest as to how more easier Euro coins were to counterfeit given the numerous variations on coinheads.

Yes, compared to most of the previous national currencies; in the U.S. there also seem to be a number of variations of coin heads (for quarters at least). The coins in U.S. are smaller value so it does not matter as much.

The 1 and 2 euro coins are dual metal though, making the counterfeiting much less lucrative. The Finnish 10 mark coins also used to be dual metal; so I think was the French 10 franc coin; I don't recall if others had much security against counterfeiting.

Re: The new £1 Coin

#402

Post by lostlogin »

jessaustin wrote: post #341
lostlogin wrote: post #326

Earlier quoted context omitted.

True rage is having a machine reject your money for overpriced parking while you stand under one of those anti-loitering alarms.

It would be even better had one received the money in question as change from such a machine...

I want with a guy who had fake money come out an ATM in the middle of Cusco, Peru. I offered to buy it off him as a souvenir, and offered about half face value. I was out bid by 2 others and in the end he decided to keep it as a souvenir.

Re: The new £1 Coin

#403

Post by CamelCaseName »

booleandilemma wrote: post #396
chrisseaton wrote: post #394

Earlier quoted context omitted.

Calling them a nasty name? Do you really think that's a mature and effective strategy in this situation?

Of course it shouldn't be the only thing we do, far from it, but as Sun Tzu said: "If your opponent is of choleric temper, irritate him"

How many ISIS members do you think will read these comments?

IMHO, it is just childish, and to me, devalues someone's comments when they resort to insults. It's as if you were talking g about Trump or Clinton but referring to them as "idiot" rather than by name. It's simply unnecessary and shows clouded, emotional, judgement.

Re: The new £1 Coin

#404

Post by robert_tweed »

DonaldFisk wrote: post #20

It reminds me of the old threepenny (prounounced "thrupny") bit: https://en.wikipedia.org/wiki/Threepence_%28British_coin%29

Interestingly, taking inflation into account, the value of 3 pence in 1949 is exactly equivalent to £1 in 2017.

Unfortunately it doesn't work as well for the commemorative coin dated 1937, which is worth closer to £2.

Re: The new £1 Coin

#405

Post by toomanybeersies »

kintamanimatt wrote: post #149
taway_1212 wrote: post #120

Earlier quoted context omitted.

I was cheated in the most crude way in London once - gentlemen selling African street food gave me (in my change, amongst other coins) a coin that looks and feels very much like a British pound, but is Ugandian (IIRC) and has some kind of ostrich-like bird's head on it instead of the Queen's.

That could have been a mistake. Some coins from New Zealand, for example, look a lot like British currency.

In a similar fashion, here in New Zealand, I've been using 5 Piso coins from the Philippines instead of $2 coins for my washing recently.

Re: The new £1 Coin

#406

Post by ThePadawan »

kuschku wrote: post #185
pjc50 wrote: post #177

Earlier quoted context omitted.

We used to have pound notes, and they're still technically in circulation in Scotland (although I've never seen one). According to wikipedia they were withdrawn because: "Part of the reason for this change was that notes, on average, lasted only nine months in general circulation, while coins could last forty years or more. The government also believed that the growing vending industry would benefit from the introduc…

> So maybe the fiver is next. Something like that is already being discussed on the continent. The memorial 5€ coin recently (which is legal tender) wasn’t just that, but it was also a test if a 5€ coin would be accepted, and doable.

Switzerland has been using the 5CHF coin for a long while now, and as an end user, my only issue with it is its size and weight, originating from the fact that the coins ranging from .50 to 5CHF are defined to linearly scale in weight.

Re: The new £1 Coin

#407

Post by smcl »

rhcom2 wrote: post #372
wtvanhest wrote: post #331

They probably should have continued using the letters. The more things called ISIS the less important those letters are to any one thing, including the terrorist org.

The name of the spy agency in the cartoon Archer, the International Secret Intelligence Service, also fell victim to this.

They handled that extremely well though - I can't recall the exact timing but ISIS was seemingly always on the verge of crumbling or being bought so they just sort of let it happen and the group made a seamless (if not painless) transition into ineffective drug dealers and bungling private investigators ("The Figgis Agency")

Anyone stumbling across this comment and wondering WTF we're talking about - definitely check out Archer, it's pretty great

Re: The new £1 Coin

#408

Post by Vextasy »

banku_brougham wrote: post #400
panarky wrote: post #390

Earlier quoted context omitted.

"Approximately one in thirty £1 coins in circulation is a counterfeit" "16 October 2017 onwards - demonetisation - you are under no obligation to accept the round £1 coin from your customers"

This is the big deal for users of the current pound coins. Somebody is going to get stuck with a lot of irredeemable £1 counterfeit coins. Musical chairs, in coins.

It is my understanding that the banks will still accept them but as a retailer you no longer have to.

Re: The new £1 Coin

#410

Post by banku_brougham »

Vextasy wrote: post #408
banku_brougham wrote: post #400

Earlier quoted context omitted.

This is the big deal for users of the current pound coins. Somebody is going to get stuck with a lot of irredeemable £1 counterfeit coins. Musical chairs, in coins.

It is my understanding that the banks will still accept them but as a retailer you no longer have to.

i think the banks will not have to accept counterfeit coins. So 1/30th of the coins in circulation will be urgently shunned by everyone with the capacity to notice them.
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