Feeds

Blighty goes retro with 12-sided pound coin

New coin recalls golden age of polygonal currency

Boost IT visibility and business value

In agreeable news for those readers who can remember when it was all trees round here and you could get an enormous paper bagful of gobstoppers for thruppence, The Royal Mint has unveiled a decidedly retro 12-sided design for Blighty's £1 coin.

The proposed 12-sided pound coin. Pic: The Royal Mint

The mint reckons that a shocking 3 per cent of quid coins in circulation at present are fake, and the new design "utilises multiple layers of cutting edge technology and would allow the United Kingdom to rapidly reduce the rate of counterfeit coins entering general circulation".

The coinage will feature "two different coloured metals and contain an iSIS security feature", described as "a revolutionary new high security coinage currency system developed by The Royal Mint".

An edge view of the new pound coin. Pic: The Royal Mint

The Chancellor of the Exchequer, George Osbourne, enthused: "I am particularly pleased that the coin will take a giant leap into the future, using cutting edge British technology while at the same time, paying tribute to the past in the 12-sided design of the iconic threepenny bit."

An old British three pence coin

The new quid will hit the streets in 2017, assuming vending machine manufacturers don't put the kibosh on it with an insupportable level of moaning about how it will cost £13bn to retrofit the UK's existing coin-gobblers to accommodate the new nugget.

As ever, the heads side will feature Her Maj, while the tails will be decided by a public competition. ®

Build a business case: developing custom apps

More from The Register

next story
Munich considers dumping Linux for ... GULP ... Windows!
Give a penguinista a hug, the Outlook's not good for open source's poster child
UK fuzz want PINCODES on ALL mobile phones
Met Police calls for mandatory passwords on all new mobes
e-Borders fiasco: Brits stung for £224m after US IT giant sues UK govt
Defeat to Raytheon branded 'catastrophic result'
Yes, but what are your plans if a DRAGON attacks?
Local UK gov outs most ridiculous FoI requests...
Detroit losing MILLIONS because it buys CHEAP BATTERIES – report
Man at hardware store was right: name brands DO last longer
Snowden on NSA's MonsterMind TERROR: It may trigger cyberwar
Plus: Syria's internet going down? That was a US cock-up
UK government accused of hiding TRUTH about Universal Credit fiasco
'Reset rating keeps secrets on one-dole-to-rule-them-all plan', say MPs
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
EU justice chief blasts Google on 'right to be forgotten'
Don't pretend it's a freedom of speech issue – interim commish
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.