Thursday, January 27, 2022

Tag: mint

UK enters Brexit future with new 50 pence coin variant

HM Treasury, new 50p
The cash-boxes of Britain’s coin-op machines will soon receive a new commemorative fifty-pence coin - in celebration of the UK’s withdrawal from the European Union. Although chancellor Phillip Hammond isn’t expected to unveil official plans for the coin until later this week, early details gleaned by the Independent indicate the coin will bear the words “Friendship With All Nations,” and...

Coin-fusion for businesses as new pound coins mistakenly returned

Coinslot - Royal Mint pound coin
Businesses around the country appear to be getting themselves into a spot of confusion and have been accidentally returning new pound coins instead of the old at an alarming rate.   With less than two months left on the co-circulation period, the changeover is being hampered by around half of coins being returned belonging to the new mintings. The treasury is calling...