Seems like a waste of money but maybe they hope it'll cut down or eliminate forgery.
I just hope somebody gives me a few million of them to try out for myself.
i like it, it does remind me of the old thruppenny bit, according to the news there are are 45 million 1 pound coins in circulation that are forgeries, so anything that can stop that i guess.
There will have to be a huge redesign of all the machines that take £1 coins as payment, everything from self service tills to fruit machines. But as the artical says there is a huge amount of forgery of £1 coins so it has to change.
I think its wonderful. It takes me right back to my childhood, with its shape.
But its not going to fit into any slot that I can think of...car park machines and shopping trolleys for instance.
why don't they issue tokens for parking meters, same for the shopping trolleys, same shape as the current pound coin, surely it would be cheaper than changing every machine that takes the current coin