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New pound resists faking

britpoundvertIn March Britain’s 30-year-old round pound will be on the way out, its place taken by a new, secure, bimetallic dodecagonal (12-sided) pound.

On Nov. 1 the British Treasury launched a campaign to support retailers and other businesses in preparing for the historic changeover. Among other matters a new website went live providing materials to support these businesses in their preparation for the new coin.

The British Royal Mint considers its new pound coin the most secure coin of its kind in the world. The term “cutting edge” is mentioned in all media releases from Treasury and Mint alike. Certainly the upgrade is urgently needed given the 45 million counterfeit £1 coins currently in circulation.

britpound3-600New security features include micro-lettering and a hologram-like image below the queen’s neck that changes from a “£” symbol to a numbral “1” when the coin is seen from different angles.

 

This article was originally printed in World Coin News. >> Subscribe today.

 

More Collecting Resources

• Keep up to date on prices for Canada, United States and Mexico coinage with the 2016 North American Coins & Prices guide.

• When it comes to specialized world paper money issues, nothing can top the Standard Catalog of World Paper Money, Specialized Issues .

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