The Royal Mint is introducing the new coin as it believes 3% of existing £1 coins are fake. Im a sucker for new shit so im all for it. as long as the tax aint going up just to manufacture it im down!
“The move comes amid concerns about the 30-year old coin’s vulnerability to counterfeiting, with an estimated 45 million forgeries in circulation.
The new coin is based on the design of the old threepenny bit, a 12-sided coin in circulation between 1937 and 1971.
A competition will be held to decide what image to put on the “tails” side of the coin.”