The Royal Mint has revealed the new high-tech 12-sided British one pound (Ā£1) coin. The coin is made of two metals. The gold-colored outer ring is made of nickel-brass, while the silver inner ring is made of nickel-plated alloy. The old coin is made of nickel-brass and is all gold-colored. The mint claims that one… Continue reading The New 12-sided One Pound Coin
Tag: British currency
The New Five Pound Note Plays Records
The new British polymer five pound notes have the ability to play vinyl records. A video posted on YouTube by Michael Ridge has shown he was able to play a song for ABBAĀ –Ā Money, Money, Money on his record player using the new five pound note as a needle.
Kuwait New Plastic Cash
Kuwait isĀ planning to replaceĀ traditional paper notesĀ with the plastic notes “polymer material”, which can surviveĀ heat, humidity and dust. While The Bank of England is still skeptical,Ā four months ago (June 11th), the central bank of Kuwait made a contract with De La Rue to print the new currency, taking into considerationĀ aesthetic and security criteria by providing the… Continue reading Kuwait New Plastic Cash
Bank of England Unveils Plans for Plastic Cash
England might soon joinĀ Vietnam,Ā RomaniaĀ and Canada with its plan to introduceĀ plastic banknotes.Ā The Bank of England is considering replacing paper money with polymer banknotes which are billed as cleaner, stronger and more secure. The new plastic cash will be smaller than the current Ā£5 and Ā£10 notes and will be the biggest change to Britain’s currency for… Continue reading Bank of England Unveils Plans for Plastic Cash