Change To A Couple GB Coins - Page 2

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Author	Replies: 24 / Views: 4,084	Page: of 2

Pertinax Pillar of the Community United Kingdom 2135 Posts	Posted 01/24/2013 3:06 pm I just discovered that KM show the 2011 10p and 5p as Nickel Plated Steel, too. I mentioned it this afternoon and someone showed me a 2011 10p coin and it is magnetic. Report this Post to the Staff
Ben Pillar of the Community United Kingdom 4208 Posts	Posted 01/24/2013 3:09 pm Ive been getting a lot of this stuff. A lot of 2012s and 2011s which are magnetic. Are any minted which arent magnetics? Report this Post to the Staff
kena Pillar of the Community United Kingdom 1686 Posts	Posted 01/24/2013 3:36 pm All of the 2011 and 2012 5 pence and 10 pence coins have a steel core. Also starting this month, The Royal Mint has starting taking cupronickel five pence and ten pence coins from circulation. Ken Report this Post to the Staff
DaytR Pillar of the Community United Kingdom 837 Posts	Posted 04/01/2013 1:12 pm Interesting stuff , that expalins why I have been coming across tonnes of shiny new 5p coins made of steel ..... Report this Post to the Staff
Demarco Bishopp Pillar of the Community United Kingdom 548 Posts	Posted 04/01/2013 2:41 pm As if we needed another reason to hate the 5p coin, pretty soon all of the ones in circulation will be made of steel. Report this Post to the Staff
Pertinax Pillar of the Community United Kingdom 2135 Posts	Posted 04/01/2013 3:16 pm Well, I like the 5p coin, and if the Government abolishes it, they'll abolish the 1p and 2p as well and we'll have rampant price inflation back again. Report this Post to the Staff
Demarco Bishopp Pillar of the Community United Kingdom 548 Posts	Posted 04/02/2013 04:45 am The government is unlikely to abolish the 5p coin. The 1p or 2p coins would have to go first. Report this Post to the Staff
kena Pillar of the Community United Kingdom 1686 Posts	Posted 04/02/2013 06:07 am The UK should get rid of the 1 pence and 2 pence coin but I don't see that happening soon since they only redesigned the coin series back in 2008 for the Royal Shield reverse design. Elimination of the 1 pence and 2 pence would mean that the 5 pence, 10 pence, 20 pence, and 50 pence would all need a design change for the reverse. I don't think that the elimination of the 1 pence and 2 pence would anywhere the impact on inflation unlike quantitative easing programs done by the Bank of England. Report this Post to the Staff
DaytR Pillar of the Community United Kingdom 837 Posts	Posted 04/06/2013 1:11 pm Since 1p,2p,5p & 10p are now mostly composed of steel , I am beginning to think a simlar fate might fall on the 20p and one day they might withdraw the old cupronickel ones as well. Prices are rising as usual and come to think of it there isn't much you can buy with 20p these days (even at Tesco superstores), I could only come up with less a dozen things - sooner or later I think the 20p will have its composition changed as well ..... Report this Post to the Staff
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