Author Topic: New 'thrupenny bit' £1 coin  (Read 2654 times)

0 Members and 1 Guest are viewing this topic.

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
New 'thrupenny bit' £1 coin
« on: Wednesday, 19 March, 2014 @ 07:36:50 »



Quote
Budget 2014: George Osborne to announce new £1 coin
George Osborne will use his Budget to announce a new 12-sided £1 coin based on the old threepenny bit.

 The £1 coin is to be replaced by a new model based on the old threepenny bit, George Osborne will announce in the Budget.

The Chancellor will say that the current coin, which has been in circulation for 30 years, is no longer suitable for use because it has become vulnerable to sophisticated counterfeiters.

The new 12-sided coin will be as secure as modern banknotes and will save taxpayers’ money by cutting down on millions of pounds worth of fraud.
http://www.telegraph.co.uk/finance/budget/10706790/Budget-2014-George-Osborne-announces-new-1-coin.html


Offline TonyKath

  • Global Moderator
  • Forum Deity
  • *****
  • Posts: 1503
Re: New 'thrupenny bit' £1 coin
« Reply #1 on: Wednesday, 19 March, 2014 @ 15:54:42 »
Probably worth about as much as a thrup'ny bit! Looks quite pretty though.

Tony

Offline BeeTee

  • Forum Deity
  • *****
  • Posts: 394
Re: New 'thrupenny bit' £1 coin
« Reply #2 on: Wednesday, 19 March, 2014 @ 19:30:07 »
Just think of all the machines that currently accept £1 coins and will have to be changed.

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #3 on: Wednesday, 22 February, 2017 @ 18:25:53 »
Quote
New 12-sided pound coin to enter circulation in March

The new 12-sided £1 coin will enter circulation on 28 March, the government has said.

The round £1 will be legal tender alongside the new, more-secure coin until 15 October.

The public are being urged to use their current £1 coins or bank them before they lose their legal tender status.
http://www.bbc.co.uk/news/uk-38480180


Quote
Rarest £1 coins revealed with some worth as much as £50
Customers are being advised to check their £1 coins carefully
http://www.independent.co.uk/news/business/news/rarest-1-pound-coin-worth-new-12-sided-worth-50-treasury-royal-mint-exchange-legal-tender-a7592651.html




Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #4 on: Monday, 27 February, 2017 @ 14:41:19 »
Quote
New £1 coin: British public stand to lose £1.1bn of loose change hoarded in piggybanks, jars and drawers
The new 12-sided coin  will come into circulation across the UK next month and shops have been told to stop accepting the traditional round coins on 15 October
http://www.independent.co.uk/news/business/news/new-1-coin-12-sided-circulation-british-public-billion-loose-change-piggybanks-jars-drawers-a7601416.html

Offline TonyKath

  • Global Moderator
  • Forum Deity
  • *****
  • Posts: 1503
Re: New 'thrupenny bit' £1 coin
« Reply #5 on: Monday, 27 February, 2017 @ 15:28:36 »
Just had a thought: supermarket trolleys (etc.)  :blink:

Tony

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #6 on: Thursday, 16 March, 2017 @ 17:56:33 »
Here you go, Tony:

Quote
New £1 coin: What do you need to know about the end of the round pound?

The new £1 coin comes into circulation this month, signalling the beginning of the end for the round pound, which will be completely phased out by 15 October.

If you're struggling to make heads or tails of the change, here's what you need to know, including what to do with your old coins and what it means for those supermarket trolley key fobs.
http://www.bbc.co.uk/news/uk-39278501

Offline TonyKath

  • Global Moderator
  • Forum Deity
  • *****
  • Posts: 1503
Re: New 'thrupenny bit' £1 coin
« Reply #7 on: Thursday, 16 March, 2017 @ 20:13:06 »
Thanks Maik but I don't think I'll be able to get one in my pocket but a trolley might be useful to carry them round in:


(Designer of the "tails" side, apparently)
http://www.bbc.co.uk/news/uk-39278501


 :lol:

Tony

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #8 on: Monday, 27 March, 2017 @ 16:10:42 »
Quote
New 12-sided pound coin to enter circulation in March

The new 12-sided £1 coin will enter circulation on 28 March, the government has said.

The round £1 will be legal tender alongside the new, more-secure coin until 15 October.

The public are being urged to use their current £1 coins or bank them before they lose their legal tender status.
http://www.bbc.co.uk/news/uk-38480180

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #9 on: Saturday, 06 May, 2017 @ 17:41:52 »
Quote
Faulty pound coins fetch a cracking price online

The new £1 coins are causing a stir this week - some have been found with a defect that causes the middle to fall out!
http://www.bbc.co.uk/newsround/39816967

Offline TonyKath

  • Global Moderator
  • Forum Deity
  • *****
  • Posts: 1503
Re: New 'thrupenny bit' £1 coin
« Reply #10 on: Monday, 08 May, 2017 @ 13:28:11 »
Quote
Faulty pound coins fetch a cracking price online

The new £1 coins are causing a stir this week - some have been found with a defect that causes the middle to fall out!
http://www.bbc.co.uk/newsround/39816967

Maybe it's a sign of the times.  In some countries quite a few years ago they minted coins with holes because people were so poor that they couldn't afford pockets and carried their meagre collection of coins in strings round their necks.  I remember as a child I had one the size of a pre-decimal penny from what was then Tanganyika.

Tony

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #11 on: Monday, 08 May, 2017 @ 16:07:51 »
Ah, yes, now you've mentioned it I remember having a couple of 'Polo' coins when I was a kid. Never knew the reason for the hole. Until now. Ta for that, Tony.

Offline BeeTee

  • Forum Deity
  • *****
  • Posts: 394
Re: New 'thrupenny bit' £1 coin
« Reply #12 on: Monday, 08 May, 2017 @ 16:38:55 »
So they were really coins. No wonder they never got any smaller after sucking them for hours on end. :wacko:

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #13 on: Friday, 15 September, 2017 @ 13:16:46 »
Quote
Old £1 coin taken out of circulation in ONE month - what should you do if you’ve still got one?

Everyone should now be familiar with the 12-sided £1 coins, which entered circulation at the end of March and have slowly been making their way into the pockets of people across the country.

Now, Britons are being urged to spend their old pound coins before they cease to be legal tender on October 15, exactly one month from today.

March to September is known as the "co-circulation" period, during which both old and new £1 coins can be accepted in shops. However, from October 16 the coins will no longer be accepted in shops, restaurants and other retailers.

Any unspent £1 coins after October 16 can be traded in at banks, but this is only a temporary option – so it is a good idea to spend or exchange the coins now to avoid not being able to in future.

The Royal Mint said: "We would encourage you to spend, bank or donate your round £1 coins before October 15."
http://www.telegraph.co.uk/money/consumer-affairs/does-old-1-coin-go-circulation/

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #14 on: Sunday, 08 October, 2017 @ 02:12:06 »
Quote
Old £1 coins will be worthless in a week and taken out of circulation

Shops won't have to accept them after Sunday 15 October so consumers are being advised to spend them this week
http://www.independent.co.uk/news/business/news/old-1-coin-one-pounds-legal-tender-circulation-week-left-royal-mint-bank-of-england-a7987901.html

Offline TonyKath

  • Global Moderator
  • Forum Deity
  • *****
  • Posts: 1503
Re: New 'thrupenny bit' £1 coin
« Reply #15 on: Sunday, 08 October, 2017 @ 14:14:25 »
Thanks - will check the change in the car for shopping trolleys etc.

 :btu:

Tony

Offline Maik

  • Administrator
  • Forum Deity
  • *****
  • Posts: 11699
Re: New 'thrupenny bit' £1 coin
« Reply #16 on: Monday, 09 October, 2017 @ 04:44:47 »
Sounds like coin chaos on the way: some shops will keep accepting the old £1 coins, Sainsbury’s and Tesco haven't modified all their trolleys to accept the 12-sided coin and some railway ticket machines haven't been converted, according to the Telegraph
« Last Edit: Monday, 09 October, 2017 @ 04:46:22 by Maik »