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A coin to replace the One Pound Note.

Community Veteran
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Registered: 21-03-2011

A coin to replace the One Pound Note.

At last the the government has come out with an inflation adjusted coin to replace the One Pound Note. Here's a report on the BBC Website. I don't know if every one on the forum remembers the £1 note or the 10 bob note (10 shillings or 50 new pence).
Now Zen, but a +Net residue.
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Community Veteran
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Re: A coin to replace the One Pound Note.

Hmm.... the linky refers to a "the nation`s first ONE HUNDRED POUND coin"
we`ve had coins instead of £1 notes for quite a while I think...... Wink
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Re: A coin to replace the One Pound Note.

I did mention inflation....  Wink  the coin is made from silver reducing the opportunity for the Government to quantitatively ease them
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Re: A coin to replace the One Pound Note.

Ah yeah, but....... you won`t be getting them in your pay packet, in the same quantities as the £1 note/coin/promise    ! !  Cheesy
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Re: A coin to replace the One Pound Note.

There's also going to be a new £100 coin. It is for collection purposes only though.
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Re: A coin to replace the One Pound Note.

Good Morning Artmo...... see the linky in the O.P.  Grin Grin
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Re: A coin to replace the One Pound Note.

Ah!! I just read the words Smiley Smiley
Community Veteran
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Re: A coin to replace the One Pound Note.

Quote from: shutter
... in your pay packet,..

Those were the days, writing programs to calculate the number of coins/notes to include in a pay packet. I thought they'd been banned by the EU or something similar.
Now Zen, but a +Net residue.
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Re: A coin to replace the One Pound Note.

We still have £ notes in Scotland, not seen any for a while though.
sjptd
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Re: A coin to replace the One Pound Note.

Our daughter recently had a wedding in Malawi, where the tradition is the bride and groom dance while the guests throw money at them.  Luckily, the highest denomination note is around £1.30, with notes down to around 3p.  It is the low denomination ones that are thrown.  One guest acts as money changer to sell them to the guests in exchange for larger ones, and someone else sweeps up the notes from around the bride and groom and takes them to the changer, who resells them.  We brought back a large wadge (around £10 worth) so they could repeat the tradition (for charity) at the UK celebration: the changer did not bother to be exact about exchange rates ....
itsme
Grafter
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Re: A coin to replace the One Pound Note.

Someone did not read about how much currency they can take out.
Future reference, if you can't exchange money in the UK do not take the money out of the country as this has an affect on how much is in circulation.
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Re: A coin to replace the One Pound Note.

Just added the silver 3d bit that came with the Christmas pud to the coin box on the bedside table. Cheesy Cheesy
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Re: A coin to replace the One Pound Note.

Were they called Joeys Undecided
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Re: A coin to replace the One Pound Note.

Three new coins in total will be released in 2015 to commemorate landmarks in British history.
A 50p coin in March will mark the 75th anniversary of the Battle of Britain.
A £2 coin will mark the 800th anniversary of the Magna carta.
Another £2 coin will celebrate the role of the Royal Navy in the First World War.
There are also two commemorative UK £5 coins; one to mark the 200th anniversary of the Battle of Waterloo, and one to commemorate the 50th anniversary of the death of Sir Winston Churchill.