New One Pound Coin in 2017

Why A New One Pound Coin?

Due to excessive counterfeiting of the existing one pound coin The Royal Mint has decided to introduce a new one pound coin design, in 2017, with new security features:

“It will be constructed from two different coloured metals and contain an iSIS security feature – a revolutionary new high security coinage currency system developed by The Royal Mint.”

Royal Mint

“iSIS – Integrated Secure Identification Systems – enables not just coins, but the whole cash cycle to be more secure, protecting the public, vending machine operators, retailers, and the wider banking system. …”

Royal Mint

“There are many customer benefits to iSIS:

  • Both robust and secure, its issuance protects the reputation of a country, projecting a positive image of the nation and its economy.
  • It will reduce costs by replacing expensive clad and homogeneous coins with a more affordable full-plated option.
  • It will generate lifetime cost savings through unmatched durability, lasting up to 30 times longer than an equivalent value banknote.
  • iSIS is not a surface coating so it will not wear off over time.”
Royal Mint

The edge of the new One Pound coin looks like this:

New one pound coin
New one pound coin edge design.

Read more about this new coin at The Royal Mint.

Existing Counterfeit One Pound Coins

Here in the BBC News Magazine is an article explaining how you can identify a fake one pound coin.

The New One Pound Coin’s Arrived

Updated 4th July 2017.

Yes the new One Pound coin has arrived and here it is:

New One Pound Coin
Actual £1 Coins – NOT the same as the original design.

Note: Below the Queen’s head is a shield with an embossed £ sign. This wasn’t on the original design.

They were put into circulation on 28th March 2017. Old £1 coins will no longer be legal tender from midnight on 15th October 2017. However after that date they can be deposited into a bank account. That will enable people to recover the value of any horded coins found.

There is still a problem with vending machines, in particular those ticket machines in car parks, which have not yet been modified to take the new coins. Old £1 coins are already in short supply making the use of such car parks difficult, especially at the seaside now the holiday season is in full swing.

Reference

Royal Mint – New One Pound Coin

They Monitor Mobile Phone Movements To Improve Customer Service

monitor mobile phone movements
Mobile Phone Sign in Princesshay Shopping Centre, Exeter,

This was brought to light by APEX NEWS on 4th January 2012 as follows:

One of the signs at the Princesshay shopping centre in Exeter informing shoppers that their mobile phones are being monitored.
The popular shopping centre has been accused of using Big Brother tactics after it was revealed it was using stealth technology to track the movement of shoppers via their mobile phones – without their consent.
Human rights organisations are outraged that bosses of Princesshay are using the technology called FootPath to secretly track shoppers’ movements.
Customers receives no warning that their mobile phone signal is being monitored bar a small sign on the premises.
Neither do they receive an option to ‘opt-out’ of being scanned.
Customers on all networks are scanned by Footpath, and no current mobile phone has a ‘defence’ against such scanners.
The only way to be safe is simply to switch off. – APEX NEWS

Here’s a situation where there is a tendency to think, “I don’t like the sound of this.” See articles in the mainstream press about specific shopping centres which monitor mobile phone movements, e.g. Mail Online, The Guardian and The Telegraph.

However they could monitor the movement of pickpockets and shop lifters.

If you like that idea you might want them to record personal data sufficient to help them ID the criminals.


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