Do the manufacturers of vending machines get some sort of financial dispensation, as these will all need changing?
They probably don't need that much changing, to be honest, and the coins don't come into circulation for another 3 years - I wonder how many mechanisms would be altered, or replaced, in that timescale anyway ?
What I DO have a problem with is the number of coins we actually have. Far too many.
Is there any other currency in the world that has a 1, 2, 5, 10, 20, 50, 100 AND 200?
I'd loose the 2 and 5 and have a note for 200. Don't want to go as stupidly paper as the US (which is madness - and they all look the damn same!) but I'm fed up with pocket fulls of shrapnel. I have a pile of bronze coins on my bedside table and don't know what to do with them.
I'm old enough to remember threepenny bits, and I love this new design. I'd prefer it to be made of just one metal only, not keen on the two colours together - reminds me of people who wear gold and silver jewellery - just wrong!
I also can't believe we've had the pound coin for 30 years, I vividly remember having a handful of them on the day, or the day after they were released, and showing them around to my family! Scary!
Will the new ones fit slot machines, trolleys, fruit machines etc?
Any idea why it takes 3 years for them to get into circulation? I'd have thought that the time from final design > circulation would be months rather than years?
What I DO have a problem with is the number of coins we actually have. Far too many.
Is there any other currency in the world that has a 1, 2, 5, 10, 20, 50, 100 AND 200?.
Yes, the Euro use a 1, 2, 5, 10, 20, 50, 100 and 200, although some countries don't issue the 1 cent and 2 cent coins and round everything to the nearest 5 cent.
I look forward to increased car parking charges etc as companies try to recoup their expenses in adjusting/replacing their machines so that they will accept the new design. /sarcasm
All countries in the Euro zone have these same values.
Well, it's still too many. Especially with monsters like the 2p - horrible coin.
The US manages with 4 (6, with the half dollar and dollar - though I've never seen one). Whilst they do have too many bills (and they are too similar), I'd prefer too much paper to too many coins.
The ubiquitous dollar bill is like having a 60p note!
The shape will affect the rollocity of the coin which will benefit me when i stagger home drunk and spill all my loose change over the bedroom floor. The pound coins will not be able to go far unlike now when they make a break for freedom under the bed, never to be seen again.
The threepenny bit shape is fab. That was the best coin I ever remember, in a nostalgia-rules way.
I used to like the old pennies. massive to todays standards, but then the halfpenny was bigger than most of our decimal coinage. The halfpenny after decimalisation was ridiculously small and soon to be removed altogether. Then there were half crowns and ten bobs. I have some crowns somewhere as well.
I like it, a bit of the past in something new, and they are quite right there are so many fake £1 coins around this will help stop that ( for a while any way)
Comments
They probably don't need that much changing, to be honest, and the coins don't come into circulation for another 3 years - I wonder how many mechanisms would be altered, or replaced, in that timescale anyway ?
The new pound will probably buy as much.
What I DO have a problem with is the number of coins we actually have. Far too many.
Is there any other currency in the world that has a 1, 2, 5, 10, 20, 50, 100 AND 200?
I'd loose the 2 and 5 and have a note for 200. Don't want to go as stupidly paper as the US (which is madness - and they all look the damn same!) but I'm fed up with pocket fulls of shrapnel. I have a pile of bronze coins on my bedside table and don't know what to do with them.
I also can't believe we've had the pound coin for 30 years, I vividly remember having a handful of them on the day, or the day after they were released, and showing them around to my family! Scary!
Will the new ones fit slot machines, trolleys, fruit machines etc?
Germany, France, Italy, Ireland, Spain...
All countries in the Euro zone have these same values.
Yes, the Euro use a 1, 2, 5, 10, 20, 50, 100 and 200, although some countries don't issue the 1 cent and 2 cent coins and round everything to the nearest 5 cent.
Well, it's still too many. Especially with monsters like the 2p - horrible coin.
The US manages with 4 (6, with the half dollar and dollar - though I've never seen one). Whilst they do have too many bills (and they are too similar), I'd prefer too much paper to too many coins.
The ubiquitous dollar bill is like having a 60p note!
I used to like the old pennies. massive to todays standards, but then the halfpenny was bigger than most of our decimal coinage. The halfpenny after decimalisation was ridiculously small and soon to be removed altogether. Then there were half crowns and ten bobs. I have some crowns somewhere as well.
That's not a real coin, I don't think. It's just a graphic, maybe a computer generated graphic.
to different countries so they need to be flexible
anyway
Pennies I agree but 2p pieces keep my kids amused for hours at the arcades in the tuppence slots.