Finance

Britain Releases New £1 Coin With Futuristic Features

Just before the push of the separation of Great Britain from the European Union, the country’s mint just released new One Pound coins for circulation. A total of 300 million newly minted bi-metallic coins were dropped yesterday. And this isn’t just any ordinary coin – we’re talking a hi-tech design that involves anti-counterfeiting features and a brand new design. So let’s begin with all the fashionable points about the new £1 coins –

First off, it has Queen Elizabeth II’s face on one side. This is the reigning queen’s fifth mint on the country’s official currency. The next feature you notice is that the coin is twelve-sided. Each side alternates between flat and ridged, so apparently you can identify it while it loosely moves around in your pocket! The flip-side of the coin is embossed with a royal crown, from which blooms four distinctive crops – a rose for England, a leek for Wales, a thistle for Scotland and a shamrock for Northern Ireland, respectively. Each of the conquered lands are represented on the coin.

Another cool feature is the “latent image” below the Queen’s bust. From one angle, it looks like numerical 1, while from another, it clearly denotes the pound (£) symbol. It was created using a lenticular, hologram effect.

 

New £1 coin – Tails
New £1 coin – Heads

 

But what is most fascinating about the new £1 coin is that for the first time, it includes anti-counterfeiting features that are technically invisible to the naked eye. Britain’s Royal Mint is mighty proud of this new feature that will make it next to impossible for fake coins to be created. What exactly this feature is, and how it works, is being kept hidden by them. Some theorize that maybe a hidden chip is buried within the coin, or there might be some etched codes on the coin as well.

The new £1 coins have started being circulated as of March 28, 2017. The old ones will slowly be replaced and then made redundant by October this year. Find out more about the new £1 coin.

Images Source: British Royal Mint

Kim

Millennial lifestyle blogger who loves to entertain and be entertained.

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