New pound coin to tackle fraudsters.

[dipsydoodle]

Described as a "giant leap into the future" the new coin will replace the old one, after the Treasury announced that 3% in circulation are fake - a total of over 45 million.

The coin is based on the historic three pence piece, also known as the 'Threepenny bit', which was the first coin to feature a portrait of Queen Elizabeth II.

But unlike its predecessor, the new coin - which will be roughly the same size as the existing one when introduced in 2017 - will contain an array of technological advances making it difficult to forge.

As well as a 'bi-metallic' construction similar to the existing £2 coin, the new £1 will also feature new banknote-strength security pioneered at the Royal Mint's headquarters in Llantrisant, South Wales.

http://www.heraldscotland.com/news/home-news/new-pound-coin-to-tackle-fraudsters.1395182552

Threepenny bits..........................

[Thor_MN]

1. And a contest to see what goes on the Queen's tail...

As with all coins, the Queen's effigy will be on the "heads" side, but the Treasury has said there will be a public competition to decide the design for the 'tails' side.

[non sociopath skin]

2. ... and a bit of gimmickry to give a superficial glow to "Budget Day"

The Skin

[LeftishBrit]

3. Threepenny bit? Is that a comment on what they think it will be worth?!

[dipsydoodle]

4. Maybe.

Its odd they used an even number of sides which can be difficult in slot machines. 50p and 20p are both odd numbers which roll more easily. I recall problems with a six sided Yemeni coin in the mid eighties. That was overcome by the new library in which it wouldn've been used to pay for photocopies being destroyed in a rocket attack.

Anyway - I was using rhyming slang as I do from time to time.