UK's new 12 sided 'High-Tech' 1 pound coin

[NeedleThreader]

Hi Everyone, Mods if this has been covered in a separate thread please delete, but WOW!

"The United Kingdom’s Royal Mint has revealed a beautiful new high-tech 12-sided £1 coin. The coin was designed to prevent counterfeiting. The mint claims that one in 30 of the £1 coins currently in circulation are counterfeit. The new design includes a number of features like microprinting, a latent image, and an unspecified hidden feature built into the coin itself to make it harder to copy.

The new coin will be released in March 2017 with the minting of 1.5 billion coins, and the old design will be phased out and eventually demonetised in Autumn 2017, leaving citizens and business several months to make the transition."

source: http://laughingsquid.com/the-united-...-sided-1-coin/

Ok, so it seems the hidden feature has got to be an RFID chip of sorts, the ultimate recording device??

[norman]

I'm worried by the timing of these money 'upgrades'. It puts a target on 2017 in a way that gives me the shivers.

A good way to stop a run on the banks is to have all this going on. People won't be so keen to draw cash out if there are demonetizing deadlines flying past throughout the year. They are changing all of them.

[meat suit]

the traffic warden tells me upon jamming the parking ticket machine.. that its 1 in 6! pound coins that is fake....
looking forward to dissecting a 'new' one... cheap enough...

[MorningFox]

Posted by norman (here)
I'm worried by the timing of these money 'upgrades'. It puts a target on 2017 in a way that gives me the shivers.

A good way to stop a run on the banks is to have all this going on. People won't be so keen to draw cash out if there are demonetizing deadlines flying past throughout the year. They are changing all of them.

Well to be fair if that was the case they'd roll out new notes rather than one pound coins, surely, no one is drawing coins out of the cash machines...

[norman]

Haven't you heard, they ARE rolling new notes .

[MorningFox]

I'm only aware of the £5 which would be the last choice of note were your theory true, as 95% of chash machines don't give them out. I haven't heard of any other notes rolling out, but I guess if the £5 has come then maybe the rest are to follow. Yours is an interest thought, I must say.

[norman]

Yea, they are going to roll all the way through to 20s and not bother beyond that, apparently. As ATMs don't go above 20s, that fits my thinking exactly.

[Althena]

Looks like they're moving to plastic.

Moving to Polymer Banknotes

The New Fiver was issued on 13 September 2016. Full details of the design and security features are available along with free training materials for retailers and businesses. You can find out more about the new polymer £5 note at www.thenewfiver.co.uk

The £10 note will be issued in summer 2017 and the £20 note by 2020. You can continue to spend paper £5 notes as usual until 5 May 2017. After this they will cease to be legal tender.

Polymer banknotes are cleaner, more secure, and more durable than paper banknotes. They will provide enhanced counterfeit resilience, and increase the quality of banknotes in circulation.

In October 2016, we held a charity auction of banknotes with low serial numbers. The auction raised £194,500 for the Bliss charity for premature and ill babies, the Myotubular Trust and The Lily Foundation for mitochondrial disease.

http://www.bankofengland.co.uk/bankn...s/default.aspx

[Carmody]

the Nazis printed so much high quality counterfeit UK notes during WWII, that the UK had to cover all of the losses at the end of the war.

https://en.wikipedia.org/wiki/Operation_Bernhard

The question is: if some version of it ....is still going on, or not.

[betoobig]

you can play a vynill with the new fives

Source: https://youtube.com/watch?v=MtNXDTPBzB0

Much love

[DeDukshyn]

Lol, Canada has been making these "high tech" coins for decades ... Even freaked out the US - some reports that Canada had embedded "spying devices" into their coins to spy on Amerrricans, lol ... Let me dig up some articles ...

Canada has one of the most sophisticated mints in the world and presses coins for many other countries. We've had this "nano" technology in our coins for a decade or more ... We've also had "plastic" (polymer) Bills for years now as well.

Here ya go, from 2007.

"An odd-looking Canadian coin with a bright red flower was the culprit behind a U.S. Defense Department false espionage warning earlier this year about mysterious coin-like objects with radio frequency transmitters, The Associated Press has learned.
The harmless "poppy coin" was so unfamiliar to suspicious U.S. Army contractors traveling in Canada that they filed confidential espionage accounts about them. The worried contractors described the coins as "anomalous" and "filled with something man-made that looked like nanotechnology," according to once-classified U.S. government reports and e-mails obtained by the AP."

Read more: Canadian nanotechnology coin used by spys?

http://www.nanowerk.com/news/newsid=1893.php





Several year old video highlighting new coin technology ...

Source: https://youtube.com/watch?v=6FbbpqBjAzE

Other coin technology ...

Source: https://youtube.com/watch?v=72wFyL2ZOK8

[Verdilac]

On a Similar vein ,people should check out the British £20 note if they want to behold powerful symbolism on an intricate scale, both sides.

[Michael Moewes]

HA HA HA, and the reptilian queen dancing. funny

Posted by betoobig (here)
you can play a vynill with the new fives

Source: https://youtube.com/watch?v=MtNXDTPBzB0

Much love