 |
By (user no longer on site)
over a year ago
|
Ahh cool, I did not know this.
Funnily enough I have been considering forging stamps; with the price they are and they can't be too difficult to replicate. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"ah the new style stamps have this shiny "royal mail" writing over them plus some uv marks.. good luck!  "
I haven't actually seen the new ones but I'm assuming the old ones are still legal and will remain that way. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"What do fake ones look like? Thought they were looking at plastic money. "
The writing is off-centre usually and they feel a little lighter. Parking meters and other machines often reject them.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"What do fake ones look like? Thought they were looking at plastic money.
The writing is off-centre usually and they feel a little lighter. Parking meters and other machines often reject them.
"
You can generally tell if amongst other coins by the dullness of the "clink" . There's also the bounce test ... drop the coin against a hard surface and it won't bounce, only thud !  |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"What do fake ones look like? Thought they were looking at plastic money.
The writing is off-centre usually and they feel a little lighter. Parking meters and other machines often reject them.
You can generally tell if amongst other coins by the dullness of the "clink" . There's also the bounce test ... drop the coin against a hard surface and it won't bounce, only thud ! "
Guess what I'll be doing today.  |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Made to look like an old threepenny bit - that what it will be worth in 2017 when it is launched?
How make fake £1 coins are you holding?
"
So, next time I ask someone to get their thrupenny bits out I'm only going to get a couple of quid? |
Reply privately, Reply in forum +quote
or View forums list | |
"What do fake ones look like? Thought they were looking at plastic money. "
i saw a funny picture posted somewhere on the internet this week ... it was a bag of 100 plastic pennys on a shelf in a toyshop .... price $3.49  |
Reply privately, Reply in forum +quote
or View forums list | |
Looks nice
who is going to pay for all the vending machines, lockers etc to be changed?
 Little business idea there for you.
Oh, if the penny still hasnt dropped. Set a company up where you can supply and fit new coin slots in machines |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *abioMan
over a year ago
Newcastle and Gateshead |
they reckon there are 45 million 1 pound coins in circulation... and about 3-4% of them out there are fake
that be a lot.... obviously the two are going to be legal tender over the same period of time so they can get them changed over... same as they do with notes.... |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"they reckon there are 45 million 1 pound coins in circulation... and about 3-4% of them out there are fake
that be a lot.... obviously the two are going to be legal tender over the same period of time so they can get them changed over... same as they do with notes...."
There's over 1.5 billion pound coins out the 45m figure is an estimate of the number of fake ones
45 million coins In th3 countey wouldn't even be enough for one each lol.
Oh and the mint did consider vending machines etc the new coins are backwards compatible with the old coins
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
Do vending machines work on weight? no one knows the new dimensions of this coin,maybe they'll fit,and before anyone with a degree in vending machines rolls their eyes and rips me apart I know nothing about vending machines,it was just a fleeting thought |
Reply privately, Reply in forum +quote
or View forums list | |
"Do vending machines work on weight? no one knows the new dimensions of this coin,maybe they'll fit,and before anyone with a degree in vending machines rolls their eyes and rips me apart I know nothing about vending machines,it was just a fleeting thought "
I reckon its done by size rather than weight, maybe a combo of both.
To add to my post above about Vending Machines im also going to throw shopping trolley's into it aswell, how many of those will need correcting. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Do vending machines work on weight? no one knows the new dimensions of this coin,maybe they'll fit,and before anyone with a degree in vending machines rolls their eyes and rips me apart I know nothing about vending machines,it was just a fleeting thought "
The mint had made them the same diameter and weight so they'll work in machines and trolleys.
Possibly some more advanced machines that use electrical tests might have problems but doubt it.
It's not that big a deal though most machines are made to accept all sorts of currency euros dollars etc all it requires is replacing the rom or re programing the eprom chips in the machines for he new coin.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By *nnyMan
over a year ago
Glasgow |
"Do vending machines work on weight? no one knows the new dimensions of this coin,maybe they'll fit,and before anyone with a degree in vending machines rolls their eyes and rips me apart I know nothing about vending machines,it was just a fleeting thought
I reckon its done by size rather than weight, maybe a combo of both.
To add to my post above about Vending Machines im also going to throw shopping trolley's into it aswell, how many of those will need correcting."
Won't people just keep using those £1 sized discs on a key ring that they use just now? |
Reply privately, Reply in forum +quote
or View forums list | |
"Do vending machines work on weight? no one knows the new dimensions of this coin,maybe they'll fit,and before anyone with a degree in vending machines rolls their eyes and rips me apart I know nothing about vending machines,it was just a fleeting thought
I reckon its done by size rather than weight, maybe a combo of both.
To add to my post above about Vending Machines im also going to throw shopping trolley's into it aswell, how many of those will need correcting.
Won't people just keep using those £1 sized discs on a key ring that they use just now?"
I dont know. I dont use one |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"Do vending machines work on weight? no one knows the new dimensions of this coin,maybe they'll fit,and before anyone with a degree in vending machines rolls their eyes and rips me apart I know nothing about vending machines,it was just a fleeting thought
I reckon its done by size rather than weight, maybe a combo of both.
To add to my post above about Vending Machines im also going to throw shopping trolley's into it aswell, how many of those will need correcting.
Won't people just keep using those £1 sized discs on a key ring that they use just now?"
I use a euro coin. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I wonder how much it will cost to manufacture the new coins, will it be more or less than yhe old ones 
not that i expect we will get to know as the treasury dont allow that information to be made public.
fyi, 1p coins are estimated to cost 2.5p to manufacture. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"I wonder how much it will cost to manufacture the new coins, will it be more or less than yhe old ones
not that i expect we will get to know as the treasury dont allow that information to be made public.
fyi, 1p coins are estimated to cost 2.5p to manufacture."
The lifetime use of the coin would justify that. If you only used it once then it's expensive but if you use it many times the cost becomes negligible.
The face value is a penny but the usage value is much greater than that.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
I actually like the look of the new pound coin.
I wonder if they have to subsidize any replacement costs of machines or trolleys that used the old style though? |
Reply privately, Reply in forum +quote
or View forums list | |
"Made to look like an old threepenny bit - that what it will be worth in 2017 when it is launched?
How make fake £1 coins are you holding?
"
I used to be a street vendor of magazines to aid the local scbu's and it was amazing how many were passed on. Some ware easy to spot, others were only spotted when being changed at the bank.
I think chocolate coins are the way forward  |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I wonder how much it will cost to manufacture the new coins, will it be more or less than yhe old ones
not that i expect we will get to know as the treasury dont allow that information to be made public.
fyi, 1p coins are estimated to cost 2.5p to manufacture."
It will cost a fair amount more than the old one due to it being a much more complicated, and so much harder to copy, manufacturing process.
But still cheaper than the devaluation caused by mass counterfeiting |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"Possibly the new flag sans saltire.
Jumping the Claymore a little aren't we Lickety "
That's why I said possibly. Now that Chancellor George has made it clear the OBR says the oil will not flow as productively and no extra duty has been added to whiskey how can the good people of Scotland even consider leaving?
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"The Irish won't be too happy about the extra duty on Whiskey  "
There is no extra duty on whiskey or are you doing the whiskey/whisky thing that I can never remember? I just drink it.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"iv got some old thurpenny bits in a tin some where with some tanners(sixpences) mite even av the odd half pennys aswell , think ill dig them out see if there worth anything "
You might get a groat for your thrupenny bit.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I wonder how much it will cost to manufacture the new coins, will it be more or less than yhe old ones
not that i expect we will get to know as the treasury dont allow that information to be made public.
fyi, 1p coins are estimated to cost 2.5p to manufacture.
The lifetime use of the coin would justify that. If you only used it once then it's expensive but if you use it many times the cost becomes negligible.
The face value is a penny but the usage value is much greater than that.
"
you make a good point,although i cant see why we dont join the countries that have dropped copper coins as most people dont place any value in them these days.
then again i have experienced people complaining about 1p & 2p price rises. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I wonder how much it will cost to manufacture the new coins, will it be more or less than yhe old ones
not that i expect we will get to know as the treasury dont allow that information to be made public.
fyi, 1p coins are estimated to cost 2.5p to manufacture.
The lifetime use of the coin would justify that. If you only used it once then it's expensive but if you use it many times the cost becomes negligible.
The face value is a penny but the usage value is much greater than that.
you make a good point,although i cant see why we dont join the countries that have dropped copper coins as most people dont place any value in them these days.
then again i have experienced people complaining about 1p & 2p price rises."
Because being able to set prices so they end in .99 is very important to retailers.
Sales of a product will drop significantly if it goes from 5.99 to 6 pounds but interestingly sales are not significantly affected is a product goes from say 5 pounds to 5.99.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I wonder how much it will cost to manufacture the new coins, will it be more or less than yhe old ones
not that i expect we will get to know as the treasury dont allow that information to be made public.
fyi, 1p coins are estimated to cost 2.5p to manufacture.
The lifetime use of the coin would justify that. If you only used it once then it's expensive but if you use it many times the cost becomes negligible.
The face value is a penny but the usage value is much greater than that.
you make a good point,although i cant see why we dont join the countries that have dropped copper coins as most people dont place any value in them these days.
then again i have experienced people complaining about 1p & 2p price rises.
Because being able to set prices so they end in .99 is very important to retailers.
Sales of a product will drop significantly if it goes from 5.99 to 6 pounds but interestingly sales are not significantly affected is a product goes from say 5 pounds to 5.99.
"
not so, thats simply the perception we have been conditioned to accept as true.
Many consumers also want to keep prices set at.99 so that they can justify their spending habits to themselves.
The evidence from countries like australia, new zealand and others that have dropped coppers is showing that any difference in sales is negligible and could be down to any number of factors. |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *icketysplits OP Woman
over a year ago
Way over Yonder, that's where I'm bound |
"I wonder how much it will cost to manufacture the new coins, will it be more or less than yhe old ones
not that i expect we will get to know as the treasury dont allow that information to be made public.
fyi, 1p coins are estimated to cost 2.5p to manufacture.
The lifetime use of the coin would justify that. If you only used it once then it's expensive but if you use it many times the cost becomes negligible.
The face value is a penny but the usage value is much greater than that.
you make a good point,although i cant see why we dont join the countries that have dropped copper coins as most people dont place any value in them these days.
then again i have experienced people complaining about 1p & 2p price rises.
Because being able to set prices so they end in .99 is very important to retailers.
Sales of a product will drop significantly if it goes from 5.99 to 6 pounds but interestingly sales are not significantly affected is a product goes from say 5 pounds to 5.99.
not so, thats simply the perception we have been conditioned to accept as true.
Many consumers also want to keep prices set at.99 so that they can justify their spending habits to themselves.
The evidence from countries like australia, new zealand and others that have dropped coppers is showing that any difference in sales is negligible and could be down to any number of factors."
They do have the 99p prices though. The difference is you don't get any change until they all add up to a coin size.
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site)
over a year ago
|
"I wonder how much it will cost to manufacture the new coins, will it be more or less than yhe old ones
not that i expect we will get to know as the treasury dont allow that information to be made public.
fyi, 1p coins are estimated to cost 2.5p to manufacture.
The lifetime use of the coin would justify that. If you only used it once then it's expensive but if you use it many times the cost becomes negligible.
The face value is a penny but the usage value is much greater than that.
you make a good point,although i cant see why we dont join the countries that have dropped copper coins as most people dont place any value in them these days.
then again i have experienced people complaining about 1p & 2p price rises.
Because being able to set prices so they end in .99 is very important to retailers.
Sales of a product will drop significantly if it goes from 5.99 to 6 pounds but interestingly sales are not significantly affected is a product goes from say 5 pounds to 5.99.
not so, thats simply the perception we have been conditioned to accept as true.
Many consumers also want to keep prices set at.99 so that they can justify their spending habits to themselves.
The evidence from countries like australia, new zealand and others that have dropped coppers is showing that any difference in sales is negligible and could be down to any number of factors.
They do have the 99p prices though. The difference is you don't get any change until they all add up to a coin size.
"
i like the system in Canada (set up by Mark Carney) if paying cash the price gets rounded up/down to nearest 5cents, payment by card gets calculated as normal. |
Reply privately, Reply in forum +quote
or View forums list | |
» Add a new message to this topic
