New pound coins in 2017

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

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So trial pieces are ready for distribution.
The vending machine manufacturers association was told that they would be given sample pieces two years before introduction of the coin, so that they can design the testing and do the calibration.

Now the size and weight can officially be known since that has not been declared so far.


The diameter is 22.5 mm so the same as the current 1 pound coin.


Looks almost round after all.

Thanks for the pictures and the news :)
"Change is the law of life. And those who look only to the past or present are certain to miss the future" - John F. Kennedy


Quote from: Jostein on October 03, 2015, 11:59:20 AM
Looks almost round after all.
Yes, I was thinking that.  The border is 12-sided but the actual edge is almost round.  I'm surprised the Royal Mint aren't selling the trial pieces to collectors for about £50 each. ;)


Perhaps, the actual coin will use polygonal blank.
Wonder if to retain the weight, diameter (?) of polygonal coin might be slightly more by a fraction of centimetre.


The £1 coin is in the news again.  BBC News reported it in their bulletins on TV today.  The "news" is that the last round £1 coins will be struck by the end of the month.  The 2016 "last round pound" design was seen. Presumably all the coins required for circulation next year, plus those required for sets and the precious metal editions, are all being struck before the year actually starts.

It's a non-news item really.


Disappointing to see a spelling mistake in a headline, what is the world coming to?

Have a look at  my tokens and my banknotes.


Royal Mint posted a photo of last dies used for last pound coins on twitter. Perhaps Royal Mint is more sentimental about them than common people and collectors... ;)

It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.


Investment advisers are back! ::)

Savers to cash in on old round £1 coins before they are replaced by new model in 2017

06:00, 27 DEC 2015

SAVERS have been told they should hold on to their old round £1 coins before they are replaced by a new model.

The traditional round coin, first minted in 1983, will be replaced by a 12-sided version in 2017.

However Rob Brannagan, of Ayr-based Scotmint, says many of the small pound coins issued in the last 22 years have increased in value by up to 600 per cent.

Special limited edition coins which were proofed with silver, gold or platinum are now worth anything between £450 and £595.

Rob is urging people to check their pockets, drawers or backs of sofas for pound coins and to check their value online. He added: "There have been more than 200 different types of one pound coins issued since 1983.

"There are ones with the Forth Bridge, Scottish thistle and Scottish lion as a motif on the back.

"There are others with the Menai Bridge, English oak and Royal arms. There are also coins which are part of a city series and feature Edinburgh, London, Cardiff or Belfast.

"It really depends on their condition and how many were minted at the time.

"The coins which have the greatest value are ones which were also issued by the Royal Mint in collectable packages of four and, therefore, are in the best condition. People should also keep any shiny new ones which have been recently issued as they could be of value in years to come after they have passed out of circulation."

Pound coins with a Scottish feature such as the Forth Bridge – of which 39million were minted in 2004 – are already worth £4.

The highest value £1 coin is a 2009 limited gold-proofed version worth £595.

Rob, who has more than 30 years' experience in the coin collecting trade, says interest in coin collecting has never been greater.

He added: "Most of our trade now is online and we buy and sell from people from all over the world.

"There is far more value in coins than in old notes."

Last week, the last pound coin rolled off the presses at the Royal Mint in Llantrisant, Wales.

Source: Daily Record
It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.


The usual blubbering nonsense. You don't find proof gold and silver coins in circulation. There is no market price for them, only anecdotes based on coincidences. If there are many types, that has no influence on price, etc. etc. Generic journalists hate facts.

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


Can we (I don't literally mean 'we'!) sue them in (British( court, for misguiding readers? I know it's not worth the time and money invested, just want to know if this is a punishable offence...

It is our choices...that show what we truly are, far more than our abilities. -J. K. Rowling.


I very much doubt it.

Lying, or otherwise obfuscating the truth, is not a criminal offence except in certain narrow circumstances, such as when you are giving evidence under oath or sign a declaration confirming that what you have said/written is true (e.g. when you submit your tax declaration). Journalism isn't covered.

Lying can lead to civil proceedings (e.g. for libel or slander) and I guess you can sue someone for loss resulting from acting in good faith on information that was deliberately false or incompetently wrong to an unreasonable degree. But in these cases you have to demonstrate loss. If you already know that the contents of the article is codswallop, you can't act wrongly on the poor information in good faith.


So we are going right through 2016, without any new pound coins being issued into circulation? What will fill the gap?
Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.


The round pound with new effigy and standard circulation reverse ( shield) was not minted in 2015 but 2016 dated pieces are being minted from second week of December 2015.
The full anticipated demand of Pound coin for 2016 will be minted that way.

Rest assured, Round Pound coins will not be in short supply.


Visit the website of The Royal Mint Museum.

See: The Royal Mint Museum.