| Author |
 Replies: 24 / Views: 4,085 |
|
Formerly nancyc
Australia
5385 Posts |
Steel 5p and 10p coins
From January 2012, 5p and 10p coins will be minted from nickel-plated steel instead of cupro-nickel, and will be 11% thicker. life is a mystery to be lived not a problem to be solved
|
|
|
|
Pillar of the Community
Australia
7096 Posts |
I wonder when this is going to happen here in Aus  |
|
Pillar of the Community
Germany
1064 Posts |
These should be known as chav coins, seeing as they are 11% thicker!
|
|
Pillar of the Community
United Kingdom
2892 Posts |
"These should be known as chav coins, seeing as they are 11% thicker!"  |
|
Pillar of the Community
United Kingdom
1686 Posts |
|
|
Bedrock of the Community
Australia
21788 Posts |
kena: I suspect that you have already guseed at why the 2011 5 and 10 P are yet to appear in circulation. They may have some in stock ready for issue, but The Royal Mint may be busy gearing up for the change in composition of the 5 and 10 P. |
|
Pillar of the Community
United Kingdom
1324 Posts |
This change was planned for 2011 - but delayed - so the new coins will most likely be dated 2011 when released.....
Exactly the same happened last time a change occured, the 1997 £2 coin was released in June 1998.
Edited by andyg
12/28/2011 2:04 pm
|
|
Valued Member
United Kingdom
128 Posts |
Hmm, I can see problems with vending machines when the new ones come out. :(
Would this be the first magnetic coin ever produced in GB?
|
|
Pillar of the Community
Germany
1064 Posts |
I can't remember using many vending machines in the UK, and especially using 10 and 5p coins!
|
|
Pillar of the Community
United Kingdom
1686 Posts |
No, these will not be the first magnetic coins for the UK. The 1 pence and 2 pence have been copper plated steel since 1992. In 1998 they made the 2 pence in both bronze and copper plated steel - so I use a magnet to tell the difference. http://www.hm-treasury.gov.uk/d/imp...el_coins.pdf details the changes needed for vending machines, parking meters, etc. Still seen plenty of bronze 1 pence and 2 pence in circulation. Old ones will still circulate afterwards since they expect that only 10% of the 5 pence and 10 pence in circulation will be plated by the start of 2013. |
|
Valued Member
United Kingdom
128 Posts |
augsburger, Parking machines in the UK all use 10p and 5p coins and will all need to be modified.
According to the treasury notification link posted by kena (thanks for that) it will only cost a mere £124m to vending machine owners to modify them all, but will save the government quite a bit on raw materials. No sign of them subsidising the work though; not surprised.
Was totally unaware of the copper plated steel bronze 1p and 2p coins in 1998 kena; just tested a couple.
Mike.
|
|
Pillar of the Community
Germany
1064 Posts |
Actually Mike, both coins will circulate, I would have thought, so it'd just be a case of getting the right coins in your change for the machines. Unless they have plans to take out the perfectly good coins so soon.
|
|
Valued Member
United Kingdom
128 Posts |
augsburger,
I would have thought that they would have had to adapt the machines to take both types if both are to be in circulation, or there are going to be a lot of long queues at the machines and an awful lot of swearing!
They managed to adapt all the machines when we became decimalised in the 70's so I don't think it would be that difficult to just add a couple of authorised coins.
|
|
Pillar of the Community
Canada
1610 Posts |
Quote:
These should be known as chav coins, seeing as they are 11% thicker!
LOL! Great joke |
|
Pillar of the Community
United Kingdom
1686 Posts |
The change does not really bother me. The only time I have 10 or 5 pence coins are when I get some in change or get some from the bank to find new releases. When finished the 1 pence, 2 pence, 5 pence, and 10 pence go into a jar which when full, I dump in the coin sorter at the bank since there is no charge for using it.
Keep a few 10 pence plus 20 and 50 pence coins aside the rare times I need to pay for parking.
Ken
|
|
Pillar of the Community
United Kingdom
2135 Posts |
A friend got a 2012 5p in his change 2 days ago (southern Scotland).  I'm going to start looking for non-magnetic 2012+ 5p and 10p coins. |
| |
Replies: 24 / Views: 4,085 |
Posted 12/27/2011 9:33 pm
