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New pound coins in 2017

Started by andyg, March 18, 2014, 11:47:34 PM

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eurocoin

Quote from: <k> on February 23, 2017, 07:47:10 PM
Sorry, it's not big enough.  :P  What about Jersey, the Falkland Islands and St. Helena-Ascension?

Alderney issues round pound collector coins. Will future versions match the new UK 12-sided pound?

Emails to Jersey and the Falkland Islands have now been sent. The worthless employees of the Government of St. Helena-Ascension never reply to emails so I won't send an email to them.

The Alderney collectors coins are of course not going to change. They are not in any way related to the 12-sided pound coin.

<k>

Quote from: eurocoin on February 23, 2017, 08:20:33 PM
The Alderney collectors coins are of course not going to change. They are not in any way related to the 12-sided pound coin.

They are, by their denomination.  8)
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

africancoins

The Commonwealth Mint is the new minting company for the Channel Island of Alderney. I read about this in the March 2017 issue of "Coin News" (Token Publishing Ltd.).... but Alderney wouldn't have been going to have a 12 sided 1 Pound coins soon anyway.....

eurocoin

Quote from: africancoins on February 23, 2017, 08:54:29 PM
The Commonwealth Mint is the new minting company for the Channel Island of Alderney. I read about this in the March 2017 issue of "Coin News" (Token Publishing Ltd.).... but Alderney wouldn't have been going to have a 12 sided 1 Pound coins soon anyway.....

Did not yet know this. Very bad news. These private mints are crap.

Alan71

Quote from: <k> on February 23, 2017, 08:31:38 PM
They are, by their denomination.  8)
Have there been many silver Alderney £1 coins produced to the specifications of the UK circulation £1?  To my knowledge there were two.  A coronation anniversary in 1993 and a VE Day anniversary in 1995 but nothing since.  The gold issues since then haven't been to the same weight/diameter have they?

<k>

Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.

andyg

Quote from: eurocoin on February 23, 2017, 09:00:44 PM
Did not yet know this. Very bad news. These private mints are crap.

Pobjoy whilst making thousands upon thousands of collector coins (the Royal Mint is just at bad now IMO) have by far superior quality for the circulating coins than the Tower Mint.

Maybe Tower mint will need a new press if they are producing more....
always willing to trade modern UK coins for modern coins from elsewhere....

eurocoin

Quote from: andyg on February 23, 2017, 11:42:17 PM
Pobjoy whilst making thousands upon thousands of collector coins (the Royal Mint is just at bad now IMO) have by far superior quality for the circulating coins than the Tower Mint.

Maybe Tower mint will need a new press if they are producing more....

I have a promise in writing from the currency manager at the IOM treasury that the minted coins will look as good if not better than the computer drawings.So maybe quality of coins at Tower Mint is going to increase..

eurocoin

Now updated the overview I made yesterday to include Jersey.

andyg

Quote from: Isle of Man Treasury
[..]  minted coins will look as good if not better than the computer drawings.

:laughing: :laughing: :laughing:
always willing to trade modern UK coins for modern coins from elsewhere....

Alan71

As both the Falklands and St Helena were so far behind the times on size changes to the 5p, 10p and 50p, and took a number of years to issue the £2, I can't imagine they'll be making any changes to the £1 until at least 2025!

chrisild

Now that we can safely say the new coins come out this month :) are people in the UK aware of this? My first reaction would have been "yes, of course" - but then again I am quite interested in coins, and thus, like most members here, not "typical", hehe. Now MasterCard published this press release on Monday. Quote:

"Fewer than one in five people (17%) realise that the new coin enters circulation on March 28. And, more worryingly, almost nine in 10 Brits (87%) don't know when the deadline is to spend their old £1 coins – October 15."

Sure, consider the source. ;) And the text does not say when this study was done, so the overall awareness may well be different now. But especially the part regarding the deadline I found interesting. Another noteworthy bit: "On average, people have £15 in £1 coins sitting around at home, with young adults aged 18-24 hoarding the most – £25 typically, the study revealed."

And I thought that elderly people were the worst hoarders while people around 20 would prefer mobile payments and even consider plastic to be outdated ...

Christian

Figleaf

I gather from the first para that the research was done last month. I don't find the research shocking. It's still early. When the new coins come out, there will be a big collective "what is this...?", followed by a rainstorm of articles in the press, illustrated with the new coin, held by the person who questioned its validity. A few stories will come from police records, citing people complaining about the latest "forgery" and from people complaining about machines that allegedly do not accept the new coin. Every one of these articles will mention when the old coins must be exchanged. There may be a repeat wave of articles as the final exchange date nears. In the end, about a quarter of the coins in circulation will still not be exchanged. MasterCard will not publish how many of its credit cards will have been lost or abused in this period. ;)

Peter
An unidentified coin is a piece of metal. An identified coin is a piece of history.

eurocoin

The Royal Mint has today issued a special BU set which contains a 2016-dated 1 pound coin with the Royal Mint's mintmark. Only 10,000 pieces will be made with the mintmark.


augsburger

Are they then going to write "RARE" L@@K" etc on the packaging, before telling the masses these have the lowest mintage figures, then people will start hording 2016 1 pound coins thinking they're worth something and some suck on ebay will buy one normal one for 1,000 pounds.

History repeats.