The pound coin’s getting a facelift!By Sj.Cliff
From 2017 we’re going to be seeing a new pound coin. Styled as a cross between the vintage “thrupenny bit” and the euro, it’ll be a big change.
The 12 sided design has been dubbed by designers as the hardest coin to copy in the world. With around £45m (3%) of pound coins being fake; the integrated Secure Identification System built into the new coin will allow it to be authenticated by high-speed scanners.
The quid we know today has been in circulation since 1983, which for coinage is a pretty long time.
While it’s the same size, the bi-metal coins new shape may cause a few problems. Vending and parking machines will have to be redesigned to accommodate and check it.