Yesterday I got one of the new pound coins and someone said
if it was a 2016 one it could be worth about £40. Some people are already
selling them on ebay for as much as £250 even though there are lots of them at
the moment! My one is a 2016 one so I’m reasonably sure of my long term
fortune. All I have to do is keep it for about 150 years and then it will be
worth hundreds of thousands of credits or whatever currency they have in the
future. I suppose we should enjoy the launch of new coinage while we can
because before too long- or so we’re told- coins and notes will no longer be
used. It’ll be all contactless payments. While the latter are quick when they
work - which is by no means every time- they lack the feeling that you are
spending anything. This is probably the idea!
The new coin is supposedly 100% security proof so cannot be
copied, faked or otherwise counterfeited. There’s an image in it that is like a
hologram and changes the £ symbol to a 1 when you look at it from different
angles. It’s also got edges that are difficult to copy as well as tiny
lettering. Best of all is what is described on the Royal Mint’s website as a
“hidden high security feature” which is built into the coin but nobody knows
what it is. It might be a micro device that can take over anyone in the
vicinity to create an instant army. But it’s probably not that.
The coin is what is known as bimetallic with an outer band
of gold coloured nickel brass around an inner silver coloured cupro-nickel
disc. Interestingly in view of all the recent referendum kerfuffle it includes
visual references for the different areas of the UK namely a rose, leek, thistle and shamrock. Probably not the
ingredients for a tasty soup though if Scotland does ever leave then the coin
will have to be re-done.
The new coin is slightly larger but both thinner and
lighter than the old one. In actuality, it doesn’t look too different amongst a
bunch of change- at first I didn’t even notice I had one till I realised the
metal is a darker shade. The much vaunted 12 sides do look a slightly awkward
fit and you wonder why they bothered to fit so many sides. Never mind that though because we have a new word in our
everyday language – the coin is a dodecagon. This is what we call a twelve sided polygon.
Not that we ever talk about 12 sided polygons much do we?.
“Marj, have you seen that dodecagonic shed in
Wilf’s garden?”
“I know. Him and his twelve sided polygons”
So the new pound coin is as a boffin (almost
certainly sporting a white coat) would tell us convex, cyclic, equilateral
and even isotoxol. Whereas the thing we all want to know is “Will it work in
them automatic check out thingys?” It seems unlikely as they have enough
trouble with current coins.
By the way we’ve got till 15 October to spend any old pound coins after which they cease to be legal tender.
I’ve got one with 2017 on it- I wonder if that, too, is worth keeping for a
long time so someone can go on the Antiques
Roadshow in 2117 and join a long queue full of people with pound coins.
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