Re:The new £1 Coin
by JoeAltmaier on Monday March 27, 2017 @10:18AM
(#13967873)
Yes I wondered about the 'more secure' claim - secure for whom? I don't have any trouble spending counterfeit coins that may end up in my pocket. Where's the issue? Not with the public.
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Re:The new £1 Coin
by JoeAltmaier on Monday March 27, 2017 @11:02AM
(#13968265)
For comparison, the American $100 bill was widely counterfeited (by the Libyans?) to the tune of maybe a billion dollars in circulation. The US Treasury left it be for years - too costly to detect the very good copies. Eventually bills were reformulated to include harder-to-copy features but for years the only response was to print fewer. Since so many good ones were in circulation already.