The Government believes this combination of two metals PLUS 12 sides will be the killer security feature. Hidden messages — The nickel plating is especially designed to be hard for forgers to remove and iSIS plated coins can include secret electromagnetic signatures.
Secret Images — Known as latent images, these are pictures etched into the metal that only become visible when tipped in the light. What size will the new pound coin be?
What design will appear on the new coin? What happens if I still have old pound coins after legal tender status has been withdrawn? Will I be able to use the coin in the same way? Why bother changing it? Will they be collectable? William Kirkwood on October 21, at am.
Barbara Ross on October 21, at am. John Brown on October 21, at am. Boon on October 20, at pm. No idea how many trial pieces were made, but mine is definitely NOT for sale.
Yasmin Britton on October 21, at am. It's the first time the pound coin has been changed in more than 30 years. The old coin became a problem as they were easily illegally copied which meant that lots of worthless pound coins have been in circulation.
The new coin was announced in and the Royal Mint, who create the coins, said that this one will be "the most secure coin in the world" making the pound coins harder to illegally copy. The new coins look a lot different to the old ones but that's not the best bit. There is even a hidden high-security feature built into the coin to protect it from being illegally copied but the details haven't been made public.
The design on the 'tails' side of the coin features four emblems to represent each of the nations of the United Kingdom - the English rose, the leek for Wales, the Scottish thistle, and the shamrock for Northern Ireland - emerging from a single stem within a crown. It was based on artwork by year-old David Pearce, who won the competition to design the new coin. Distinctive features - including grooves on the coin and tiny lettering - are meant to make it easier for shopkeepers and bank tellers to recognise a genuine coin.
Shoppers can use both old and new coins from 28 March. If your local bank or Post Office refuses to accept them, they can be exchanged at the Bank of England in London. This means savers should raid their piggy banks and search sofas and glove compartments before their spare change loses its legal tender status. Business owners are being urged to make sure staff are trained to recognise the new coins and to change their equipment, with a website aimed at firms explaining the changes.
Vending machines, slot machines, parking meters and toilet turnstiles will all have to be adapted to accept the new coins and reject old ones. Several supermarkets have said they are getting ready by making sure self-checkout machines accept old and new coins from 28 March. But Bryony Andrews, features editor at Vending International magazine, warned that some vending machines might be slow to adapt.
He says coins in "brilliant uncirculated condition" are desirable but more as souvenirs than an investment. But don't expect them to rocket in value. Mr Lobel also advised people to save their new coins, which could become collectors' items. New look pound coin unveiled. Putting a plastic fiver to the test.
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