The Student Room Group

Do you like the new £1 coin?

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Original post by buchanan700
"the Royal Mint said the coin "will be expressly designed to fit existing mechanisms""
So, no problems there.

Good thing all round surely if 1 in 30 £ coins are currently fake. It looks decent too.


Apparently most vending machines scan coins by measuring their diameter, and the 50p and 20p have a constant diameter. A coin with an even number of sides cannot have a constant diameter however.
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Tom78
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Original post by scrotgrot
No, cash is essential because it keeps power with the people rather than the banks and the tax authorities. Why would you want to conduct your economic activity in bank scrip, which is not legal tender, not owned by you and could be cancelled or raided at any time?


Damn you economics, no wonder I failed my A Level.
Original post by pane123
As coins go it's OK, but it's a massive waste of money.


I see what you did there.
Original post by CameronHayward
... you've put way too much thought into this.


You can never put too much thought into thinking about Richard Dawkins my dear.

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