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- Approximately one in thirty £1 coins in circulation is a counterfeit.
What a neat website for something like this. Old coins will only be valid until October. Also, the new coin is secure because of ISIS.
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am_Unition · 119 days ago · link ·
Yep. Followed by "...what a waste of metal! How can they justify th... ...ohhhh."
WanderingEng · 120 days ago · link ·
That ISIS link is cool! I have a mild interest in coins and had heard about the new £1 but not that feature. I wish the US would stop making $1 paper money.
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WanderingEng · 119 days ago · link ·
I carry coins loose in my pocket, so I'd do the same for dollars (which is what I've done when traveling out of the US). It's a slightly different mindset, but people would get used to it. It's common to find coins from the 1970s in circulation but bills last only a few years.
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user-inactivated · 119 days ago · link ·
The reason I ask is not only because I have my pockets busy with keys and the iPhone. I'm sure lots of people in the US are the same or similar. Making wallet space for coins will make them inevitably thicker, meaning less comfortable to wear and use. Just some thoughts out into the air.
user-inactivated · 120 days ago · link ·
Fascinating. I like the edgy look the coin gets for its twelve sides. One of the top comment's comments mentions SmartWater, which is simply mindblowing. Frankly, in the heat of curiosity, I came to think of it a something more akin to grey goo, but - blacklight-tracable additive is cool, too.
The old £1 coins must have been ridiculously easy to fake. I once worked in an office where the vending machine gave change, and about 1 in every 10 £1 coins it gave out was obviously counterfeit. I made a little collection of them because I found them interesting.
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The City of New York used to auction off all the slugs it collected from parking meters. Granted - no guarantee that they worked. But it always seemed short-sighted to me that all that illegal change you collected? ...yeah, let's get that right back into circulation. The US Mint was so eager to get dollar coins in circulation that they'd let you buy them with a credit card and ship them to you for free. As you might imagine that was taken advantage of.