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Time to replace coins?

Tuesday, 1 November 2016  |  Admin

The Royal Mint will be introducing a new £1 coin in March 2017 so installers of coin-operated systems have only a few months to act to ensure that locks are ready - but is it time to move away from coins?

The shape of today's pound coin has remained the same for over 30 years, which helps to explain why there is an estimated £45m worth of counterfeit pound coins in circulation. Fraudsters have become adept at producing high-quality counterfeits, which are increasingly difficult to detect...read more (pages 41 - 42)

PSI Magazine - November 2016

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