New £1 coin: Seven things you might not have noticed that make it safer
A new 12-sided £1 coin enters circulation on Tuesday, spelling the end of the old round pound
The new 12-sided £1 coin, which comes into circulation on Tuesday, has been described by the Royal Mint as “the most secure” in the world.
The new coin will replace the existing round pound, of which about one in 30 are thought to be fake.
The round pound will remain legal tender alongside the new coin for just over six months until 15 October this year, after which retailers are under no obligation to accept it.
The high-security features include its distinctive shape and bi-metallic structure.
It also has an image that works like a hologram and micro-sized lettering inside both rims.
Around 1.5 billion of the new coins will be struck.
Here are all the subtle design features that make it safer:
1. Uneven sides
The 12-sides of the coin are uneven and make its distinctive shape instantly recognisable, even by touch, making forgery tougher.
2. Secret messages
The Government has employed a security technology company called Integrated Secure Identification System (iSIS) to fit the new coins with a special plating that can contain electromagnetic signatures.
It's also said to be especially hard to remove.
3. It's made of two metals
Like the £2 coin before it, the new pound will be made of two metals: nickel-brass on the outside and nickel plated solid alloy on the inside.
This, plus the 12-sides, is believed to make the coin safer than ever.
4. A bigger coin
The new £1 will be just under a millimetre wider than the current one, at 23.43mm compared to 22.5mm.
5. Grooves in the sides
The new £1 will have grooves in the sides, known as milled edges.
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Show all 66. Secret images
Not only can the plating contain secret messages, but the design of the coin itself contains secret images, known as latent images.
It refers to pictures etched into the metal that you can only see when the coin is tipped to the light.
Like a hologram the imagechanges from a "£" symbol to the number "1" when seen from different angles.
7. A 'hidden' security feature
A high security feature is built into the coin to protect it from counterfeiting in the future.
However, officials at the Royal Mint have not released any further details.
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