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The new British pound coin is said to be the most secure coin ever made, thanks to a myriad of security features that make it very difficult to forge. In this article, I delve into some of the ...
The British 1-pound coin hit the market Monday after three years in development. This is the first time the pound coin has been updated in over three decades. It has loads of security features.
When a 2015 survey by the U.K.’s Royal Mint revealed that around 40 million (about one in thirty) of the country’s one-pound coins were counterfeit, it realized it had to do something about ...
The Royal Mint released 300 million new one pound coins into circulation on Tuesday. The money’s packed with cutting edge anti-counterfeiting measures, including one that British authorities won ...
Stephen Shankland March 19, 2014 3:41 a.m. PT 2 min read The UK Royal Mint's new proposed one-pound coin (click to enlarge) UK Mint ...
Paper 1 pound notes would last a little over a year in circulation, whereas a 1 pound coin could last more than 30 years. At that time 1 pound in their currency was worth around $1.50 on exchange.
The current pound has become vulnerable to sophisticated counterfeiters, the finance ministry said, with about 3 percent of all 1-pound coins, or 45 million, believed to be forgeries.
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