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Tango589
03-19-14, 04:26 PM
The government is going to release a new £1 coin in 2017 (http://www.bbc.co.uk/news/uk-politics-26632863).

This is to combat counterfeiting, as there are as many as 45 million forgeries in circulation (3% of total currency).

It will be based on the pre-decimal threepenny-bit, a 12 sided coin that went out of use in the early '70's.

The good news for STEED is he can dig out his hoarde of old money, give it a quick spray paint and be rolling in cash!:O:

TarJak
03-19-14, 04:29 PM
STEED wants his head embossed on every coin.

Tango589
03-19-14, 04:34 PM
I always had my suspicions he was an old queen!

Kptlt. Neuerburg
03-19-14, 08:07 PM
I'm curious, why did the British Government decide to go from making £1 banknotes to minting £1 coins? Is it cheaper to mint then print?

swamprat69er
03-19-14, 08:17 PM
I'm curious, why did the British Government decide to go from making £1 banknotes to minting £1 coins? Is it cheaper to mint then print?
The coins will last longer than the paper money and are harder to counterfeit.

nikimcbee
03-19-14, 08:25 PM
STEED wants his head embossed on every coin.

http://static.guim.co.uk/sys-images/Guardian/Pix/pixies/2013/8/18/1376821938240/Prince-Charles-008.jpg

or

http://dogsonthenet.com/NGDogs/Bulldog.jpg
:hmmm:
Which photo would they go with?

TarJak
03-20-14, 02:01 AM
Meld them together to get your answer.

Jimbuna
03-20-14, 05:12 AM
The coins will last longer than the paper money and are harder to counterfeit.

Rgr that and the paper money is going to be replaced with plastic notes in 2016

http://www.bbc.co.uk/news/business-25427663

TarJak
03-20-14, 05:17 AM
Rgr that and the paper money is going to be replaced with plastic notes in 2016

http://www.bbc.co.uk/news/business-25427663

We made that move back in 1988. You lot will be getting colour telly soon.:O:

Jimbuna
03-20-14, 05:46 AM
We made that move back in 1988. You lot will be getting colour telly soon.:O:

Only after the gas lamps are replaced with electric one's :)

TarJak
03-20-14, 06:13 AM
I found out tonight that we print the polymer money for these countries:
Bangladesh, Brunei, Canada, Chile, Indonesia, Kuwait, Malaysia, Mexico, Nepal, New Zealand, Papua New Guinea, Romania, Western Samoa, Singapore, Solomon Islands, Sri Lanka, Thailand and Vietnam.

I vote we hang on to it all and sell it on at face value!

Jimbuna
03-20-14, 06:16 AM
I found out tonight that we print the polymer money for these countries:
Bangladesh, Brunei, Canada, Chile, Indonesia, Kuwait, Malaysia, Mexico, Nepal, New Zealand, Papua New Guinea, Romania, Western Samoa, Singapore, Solomon Islands, Sri Lanka, Thailand and Vietnam.

I vote we hang on to it all and sell it on at face value!

You missed one out...Monopoly :O:

TarJak
03-20-14, 06:17 AM
You missed one out...Monopoly :O:

Hey that's our currency. We have to use summat. :O:

swamprat69er
03-20-14, 06:18 AM
I found out tonight that we print the polymer money for these countries:
Bangladesh, Brunei, Canada, Chile, Indonesia, Kuwait, Malaysia, Mexico, Nepal, New Zealand, Papua New Guinea, Romania, Western Samoa, Singapore, Solomon Islands, Sri Lanka, Thailand and Vietnam.

I vote we hang on to it all and sell it on at face value!
You print the plastic money and we strike their coins.:haha:

The US has been calling Canadian paper money Monolopy money for years. Most places other than tourist traps won't even look at it. I don't blame them. As long as they realise that we (Canadians) can do the same thing.

TarJak
03-20-14, 06:21 AM
You print the plastic money and we strike their coins.:haha:

Teamed up we could rip them off something chronic. Hey Canada. Want your money back? Pay up!:arrgh!:

swamprat69er
03-20-14, 06:42 AM
All of our 'paper money' is now plastic. The new 5's just came out 5,10,20,50,and 100 all plastic.

You've seen those little raised dots on the Canadian paper money? (Braille)
They are there because the blind got tired of being ripped off. Hey buddy, 'is this a ten? No, it's a one.'

Wolferz
03-20-14, 11:41 AM
All of our 'paper money' is now plastic. The new 5's just came out 5,10,20,50,and 100 all plastic.

You've seen those little raised dots on the Canadian paper money? (Braille)
They are there because the blind got tired of being ripped off. Hey buddy, 'is this a ten? No, it's a one.'

Nothing a hot clothes iron won't fix.:arrgh!::haha:

Sorry Ray and Stevie.:dead:

Oberon
03-20-14, 12:37 PM
http://i1258.photobucket.com/albums/ii532/SoCaLBaMF/1891256_629277650461068_1050198133_n.png

STEED
03-20-14, 01:25 PM
The good news for STEED is he can dig out his hoarde of old money, give it a quick spray paint and be rolling in cash!:O:

I wish. :rotfl2:

STEED wants his head embossed on every coin.

Nah, I suggested my arse and was turned down...bummer. :arrgh!:

I always had my suspicions he was an old queen!

Ducky..:O:

Paper money is I.O.U's for the lame person its not money and now they are going to replace real money (coins) with plastic. The Banking industry must be pissing their pants saying look at those jokers falling for another con.

BossMark
03-20-14, 02:34 PM
The Tories have managed to sell us the idea of a 12 sided £1 coin.

Probably at about £1.20 each.

Jimbuna
03-20-14, 04:05 PM
Reminds me of chocolate money at xmas :)

Bilge_Rat
03-20-14, 04:13 PM
The big reason to switch to coins is they last longer. Canada switched to $1 and $2 dollar coins a while back. I just checked what I had on me and one $1 dollar coin is from 1987 and another one is from 1992. Typically a one dollar paper bill had a lifetime of about one year.

Schroeder
03-20-14, 04:14 PM
You've seen those little raised dots on the Canadian paper money? (Braille)
They are there because the blind got tired of being ripped off. Hey buddy, 'is this a ten? No, it's a one.'
We've had Braille numbers on our paper money for decades by now and the notes have different sizes. (was already like that when we still had the D-Mark:cool:)

Jimbuna
03-20-14, 04:28 PM
We've had Braille numbers on our paper money for decades by now and the notes have different sizes. (was already like that when we still had the D-Mark:cool:)

True that :yep:

swamprat69er
03-20-14, 04:42 PM
We've had Braille numbers on our paper money for decades by now and the notes have different sizes. (was already like that when we still had the D-Mark:cool:)
We started that with the Journey series in 2001

http://en.wikipedia.org/wiki/Journey_Series_%28banknotes%29

nikimcbee
03-20-14, 06:03 PM
Meld them together to get your answer.

http://img.mylot.com/2128282.jpg
:hmmm:

Wolferz
03-21-14, 06:01 AM
...money is kind of stupid. In this day and age it's all just numbers in a computer system. But, our governments still insist on producing physical fiat cash that isn't worth the paper it's printed on or the metals used to mint the coins. The US government spends more $'s to stamp pennies than the objects are worth. :hmmm:

u crank
03-21-14, 06:07 AM
The US government spends more $'s to stamp pennies than the objects are worth. :hmmm:

Time to get rid of them. Canada did and I hope the nickel will be next. They are not worth picking up off the ground.:O:

swamprat69er
03-21-14, 06:14 AM
You leave them on the ground, then. I will pick them up. It only takes twenty to make a buck and I get some exercise while I am at it. :D

u crank
03-21-14, 06:21 AM
I'll crazy glue a couple to the pavement for you.:D

swamprat69er
03-21-14, 06:58 AM
:haha:

Wolferz
03-21-14, 08:19 AM
I'll crazy glue a couple to the pavement for you.:D

You'll have jackhammer crews from the local synagogue pounding chuckholes in the pavement.:hmmm:
Whassamatterchew?:har:

swamprat69er
03-21-14, 08:30 AM
But I will get that nickel!:haha:

u crank
03-21-14, 09:30 AM
http://i.imgur.com/TA7HUfl.jpg

:O:

Wolferz
03-21-14, 04:07 PM
I hope our cousins have strong belts to hold up their trousers.:O:

Madox58
03-21-14, 04:19 PM
You leave them on the ground, then. I will pick them up. It only takes twenty to make a buck and I get some exercise while I am at it. :D
I am now super glueing change all up and down my street.
:D
It's usually pretty lame for excitement around here. Maybe the crack heads and Heroin junkies will entertain me now!
:haha:

Jimbuna
03-22-14, 06:15 AM
I am now super glueing change all up and down my street.
:D
It's usually pretty lame for excitement around here. Maybe the crack heads and Heroin junkies will entertain me now!
:haha:

I saw what you did :O:

http://www.youtube.com/watch?v=rh4aQ0kxJiM