Royal Mint to introduce new coins - First time in 40 years

[Robot Chicken]

I think they meant the first change to an entire set of currency at one time.

Or something.

Will they make the 5p bigger? Cos it's too small at the moment.

 

[beorhthelm]

I think they meant the first change to an entire set of currency at one time

probably, in which case they should learn some writing skills. someone actually got paid to right that misguided tripe.

(i know im no shakespeare but i dont get paid to write and at least i can convey what i mean.)

 

[Cian]

what happens if the Queen dies?? Do all coins become null and void?

When the last king died, coins stayed in circulation alongside new ones with the queen on - and other coins back to Victoria and before - until decimilisation came in. I guess it'll be the same. The only Euro coins its happened to were the JPII Vatican coins and they're still legal too...

 

[Lord Bracknell]

Do the old coins become obsolete? Are coins withdrawn when the monarch dies?

You young people ....



Us OLDIES (who remember pre-decimal coinage) will know the answers to these questions are NO and NO.

One of the joys of the old money was the sheer age of some of the coinage. Up until the 1960s, we were still using coins minted in the 1860s - with the head of a relatively young Queen Victoria on the front. Some of the older "silver" coins, like shillings and sixpences, had disappeared from circulation. But this was mainly because they did, indeed, contain silver and were worth more as scrap metal than as coins. But the old pennies and halfpennies were still going strong right up to the end.

 

[Cian]

Problem with using coins forever is they wear down too much for coin operation units to reliably recognise them - although there were coin op systems pre decimalisation, they usually only took 1 type of coin.

 

[Yorkie]

Do the old coins become obsolete? Are coins withdrawn when the monarch dies?

You young people ....



Us OLDIES (who remember pre-decimal coinage) will know the answers to these questions are NO and NO.

One of the joys of the old money was the sheer age of some of the coinage. Up until the 1960s, we were still using coins minted in the 1860s - with the head of a relatively young Queen Victoria on the front. Some of the older "silver" coins, like shillings and sixpences, had disappeared from circulation. But this was mainly because they did, indeed, contain silver and were worth more as scrap metal than as coins. But the old pennies and halfpennies were still going strong right up to the end.

As a kid we used to look to see if we got a 'Bun penny' in our change. The young Queen Victoria was depicted with her hairstyle in a bun.

 

[ROSM]

Do the old coins become obsolete? Are coins withdrawn when the monarch dies?

You young people ....



Us OLDIES (who remember pre-decimal coinage) will know the answers to these questions are NO and NO.

One of the joys of the old money was the sheer age of some of the coinage. Up until the 1960s, we were still using coins minted in the 1860s - with the head of a relatively young Queen Victoria on the front. Some of the older "silver" coins, like shillings and sixpences, had disappeared from circulation. But this was mainly because they did, indeed, contain silver and were worth more as scrap metal than as coins. But the old pennies and halfpennies were still going strong right up to the end.

I remember when thrupenny bits were common place in life and you could see loads every day

 

[Lord Bracknell]

I remember when thrupenny bits were common place in life and you could see loads every day

and for half a crown ...

 

[ROSM]

and for half a crown ...

That's posh Leeds for you. Down South a few nightingales would have sufficed

 

[nail-Z]

They should have done away with the 1p and 2p.

Then watch the liquidity in the money markets rise as people rush to their local high street bank to cash in those giant bottles of coins.

I should be the chancellor of the exchequer, me.

 

[London Calling]

penny farthings anyone...............

and of course your mum always put a thrupenny bit in your home made xmas pud, cos she couldn't afford a sixpenny pence - to be potentially swallowed.

 

[Pavilionaire]

This seems to be an opportunity missed to do away with the 1p and 2p.

The one thing that unites this country is the sheer irritation of having to shift a load of copper change. Why not just make the lowest denomination the 5p piece? Can ANYONE tell me what the downside would be to abolishing the 1p and 2p?

 

[ROSM]

This seems to be an opportunity missed to do away with the 1p and 2p.

The one thing that unites this country is the sheer irritation of having to shift a load of copper change. Why not just make the lowest denomination the 5p piece? Can ANYONE tell me what the downside would be to abolishing the 1p and 2p?

the ability to bamboozle the chav classes into think they are getting a bargain by paying 9.99 rather than a tenner would be lost for ever.

 

[Mrs Coach]

I hate the .99p prices. round 'em up! yee haw!