UK HAS DECIDED TO CHANGE ITS £1 COIN!
UK’s £1 COIN will have a major change this month, because a new design of the most central coins is launched.
The £1 coin has been round since its release in 1983. But from March 28 new coin, which is 12-sided and made of metals, will be launched and it is advertised as the most secure coin in the world.
According to the Royal Mint, who produces all UK currency, around 3 percent of the £1 coins currently in circulation (about 45 million coins) are fakes. As a result of that, the new design will bring serious security benefits. There is also a “hidden security feature” built into the coin which the Mint simply describes as a protection from counterfeiting.
Source: Euronews
Date: 20 March 2017
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
