• £1 coin to stop being legal tender, new design introduced
    61 replies, posted
[QUOTE=ironman17;51609351]While I'm ok with new designs being brought in, they could at least have the new £1 look a LITTLE more distinct from the £2 coin. Am I being a little too general here? Case in point: £2 coin. (not to scale) [IMG]https://upload.wikimedia.org/wikipedia/en/f/f1/British_two_pound_coin_2015_reverse.png[/IMG][/QUOTE] £2's already look similar to 1-Euro coins too. to the point that at work we regularly take them by mistake. [editline]1st January 2017[/editline] [QUOTE=Trumple;51609377] 2) If you're so bothered about the new coin, why are you still using cash in supermarkets anyway? Just pay with your NFC phone, contactless card, or even the good old-fashioned chip and pin. It's faster and you don't have to lug around a pocket full of coins. That's better for everyone because we don't have to wait behind you so long in line.[/QUOTE] 1. Maybe I don't want my card to be tracked [b]everywhere[/b]. If I'm buying buttplugs I don't want my fucking bank to know. 2. I use card anywhere non-private anyway. But I'm a cashier, and I have to deal with every form of English tender daily. You do [b]not[/b] understand how much of a pain in the ass currency changes are. Like I said in the first post, the new fivers were a huge pain in the shitcutter. Weighing them, especially. Y'see they're heavier than old fivers. So our scales, for months, weren't adjusted, because only the maintenance team knows how/is allowed to adjust them. And so we had to count new fivers by hand and weigh them seperately. When you just want to leave and cash your till up that's a huge pain, and when you've got like £200 in fivers that you're going to change up it's fucking dreadful. Also the new fivers suck shit in terms of tactile feedback. They're so thin and fine that you've gotta triple-check to make sure you're not giving someone £15 when you wanna give them £10.
[QUOTE=DOCTOR LIGHT;51609655] 1. Maybe I don't want my card to be tracked [b]everywhere[/b]. If I'm buying buttplugs I don't want my fucking bank to know.[/QUOTE] Doesn't your bank just show [ Company Name / Merchant Name where you bought item ] / [ How much you spent ] I've never had it address exactly what I bought ever.
[QUOTE=_Axel;51609456] The penny is a pretty useless coin actually.[/QUOTE] This is a fucking myth and I want whoever started it to be tarred and feathered. There are so many, [b]so many[/b] change differences you cannot make up quickly without a penny. When you run out of pennies, things get [b]fucked[/b] fast. Like, you can make almost anything else up. Run out of pounds? fifty pence pieces. twenty pence, ten pence.. but when you lose your pennies, shit gets fucked fast because at the rate you're serving you're never gonna be able to do the math fast enough to even it out. The only people who complain about pennies are people who've never had to handle cash for a living. [editline]1st January 2017[/editline] [QUOTE=Thomo_UK;51609670]Doesn't your bank just show [ Company Name / Merchant Name where you bought item ] / [ How much you spent ] I've never had it address exactly what I bought ever.[/QUOTE] There's only really a handful of things you can buy from Ann Summers...
[QUOTE=Scratch.;51609508]Ours take paywave[/QUOTE] I first read your post and thought "wtf is paywave" and then I learned it's just what we in Britain call "contactless". This really is off-putting since in Canada/US it's called "tap", UK it's "contactless", and now Australia is "paywave"..
[QUOTE=DOCTOR LIGHT;51609673]This is a fucking myth and I want whoever started it to be tarred and feathered. There are so many, [b]so many[/b] change differences you cannot make up quickly without a penny. When you run out of pennies, things get [b]fucked[/b] fast. Like, you can make almost anything else up. Run out of pounds? fifty pence pieces. twenty pence, ten pence.. but when you lose your pennies, shit gets fucked fast because at the rate you're serving you're never gonna be able to do the math fast enough to even it out. The only people who complain about pennies are people who've never had to handle cash for a living.[/QUOTE] I don't know how weird britbong coins work, I was referring to US pennies. If UK pennies are anything like other countries cents I don't really see the issue, other countries have already gotten rid of theirs without any problem cropping up. Obviously stores round down their prices so instead of the usual .99 bullshit you get .95 or whatever.
[QUOTE=Crhem van der B;51609704]I first read your post and thought "wtf is paywave" and then I learned it's just what we in Britain call "contactless". This really is off-putting since in Canada/US it's called "tap", UK it's "contactless", and now Australia is "paywave"..[/QUOTE] It's just a brand, Visa's contactless payments are called Paywave, it's not just an Australian thing [editline]2nd January 2017[/editline] [QUOTE=_Axel;51609747]I don't know how weird britbong coins work, I was referring to US pennies. If UK pennies are anything like other countries cents I don't really see the issue, other countries have already gotten rid of theirs without any problem cropping up. Obviously stores round down their prices so instead of the usual .99 bullshit you get .95 or whatever.[/QUOTE] No 99 cents gets rounded to 100.
[QUOTE=DOCTOR LIGHT;51609673]This is a fucking myth and I want whoever started it to be tarred and feathered. There are so many, [b]so many[/b] change differences you cannot make up quickly without a penny. When you run out of pennies, things get [b]fucked[/b] fast. Like, you can make almost anything else up. Run out of pounds? fifty pence pieces. twenty pence, ten pence.. but when you lose your pennies, shit gets fucked fast because at the rate you're serving you're never gonna be able to do the math fast enough to even it out. The only people who complain about pennies are people who've never had to handle cash for a living. [editline]1st January 2017[/editline] There's only really a handful of things you can buy from Ann Summers...[/QUOTE] I mean nobody in your bank really cares what you buy if it's on the level.
[QUOTE=helifreak;51609749]No 99 cents gets rounded to 100.[/QUOTE] Do they? That's surprising considering the reason prices are something.99 is to trick the mind into thinking the thing is cheaper than it is. I doubt this basic marketing technique is worth less than 5 cents.
[QUOTE=Crhem van der B;51609704]I first read your post and thought "wtf is paywave" and then I learned it's just what we in Britain call "contactless". This really is off-putting since in Canada/US it's called "tap", UK it's "contactless", and now Australia is "paywave"..[/QUOTE] We also have pay pass We call it by whatever trademark it is Paywave us trademark Mastercard, or was it visa Same shit different company
[QUOTE=Scratch.;51609424]Your notes are still shite though There's a good reason why the Australian developed note are being produced by many countries around the world, including both countries neighbouring the US[/QUOTE] Us Americans are very happy to use our greenbacks instead of your Fisher-Price toy money [editline]1st January 2017[/editline] canadian notes are fucking [i]terrible[/i] why use them as the example hahahah [highlight](User was banned for this post ("Shitpost" - BANNED USER))[/highlight]
[QUOTE=FFStudios;51609931]Us Americans are very happy to use our greenbacks instead of your Fisher-Price toy money [editline]1st January 2017[/editline] canadian notes are fucking [i]terrible[/i] why use them as the example hahahah[/QUOTE] american notes are [I]terrible[/I] why would you make them out of fucking paper lmao also enjoy your notes being literally unusable for blind people / people with bad vision, there's a reason ours are all different colours and sizes.
RIP arcade classics like Time Crisis and House of the Dead
[QUOTE=Zelpa;51610068]american notes are [I]terrible[/I] why would you make them out of fucking paper lmao also enjoy your notes being literally unusable for blind people / people with bad vision, there's a reason ours are all different colours and sizes.[/QUOTE] They're made of cloth actually, and they're stamped to give it a tactile feel. I think you can distinctly feel the number on it too, so it works for blind people. There's a good reason why we haven't really changed the design of our money for 50+ years and it's cost vs benefit. There's really no reason to make massive changes to our money, such as switching to plastic notes with holographic shit on it. We'd need to retool every money printer in the country, and that's expensive as FUCK. They're surprisingly durable too, I've run many 1s and 5s through the wash and they came out perfectly fine, just wadded up and wrinkled. I'd like to see a plastic note survive the inside of a dryer on high heat.
[QUOTE=Zelpa;51610068]american notes are [I]terrible[/I] why would you make them out of fucking paper lmao [/QUOTE] Our currency notes have always been made of cotton and linen, and prior to WWI we also had silk in them as well. Sure we call them paper banknotes but in reality they're fabric banknotes. With a country as large and populous as ours, making the switch from one type of currency to the other would be a grand undertaking. If you combined the population of Canada and Australia you guys don't hit 60 million people. Even if you add in the UK population, you're still at about a third of the US population. That should give you some insight as to why it would take us a while to convert to polymer banknotes.
[QUOTE=BANNED USER;51610193]Our currency notes have always been made of cotton and linen, and prior to WWI we also had silk in them as well. Sure we call them paper banknotes but in reality they're fabric banknotes. With a country as large and populous as ours, making the switch from one type of currency to the other would be a grand undertaking. Don't forget, even if you combined the population of Canada and Australia you guys don't hit 60 million people. Even if you add in the UK population, you're still at about a third of the US population. That should give you some insight as to why it would take us a while to convert to polymer banknotes.[/QUOTE] Still something that should happen, notes get replaced all the time, nothing stopping the US Mint and Federal Reserve from rolling them out instead of paper, just instead of making the paper notes not legal tender in a few months it can be done over years instead for the US's case. Only main reason the US still uses fabric notes is because pretty much all the of the industry is propped up by incentives, its profitable for the producers to replace the shitty fabric notes, polymer isn't profitable for them as a whole and the Reserve is there to make money from literally making money. The US is really [I]special[/I] when it comes to currency production because a big chunk of it is produced by a privately owned organization, not the government.
[QUOTE=Reagy;51610231] The US is really [I]special[/I] when it comes to currency production because a big chunk of it is produced by a privately owned organization, not the government.[/QUOTE] All of our currency is printed or minted by the federal government through the BEP or US Mint.
[QUOTE=Code3Response;51610258]All of our currency is printed or minted by the federal government through the BEP or US Mint.[/QUOTE] US system is still confusing as fuck, the concept of a non-nationalized central bank throws everything off still.
[QUOTE=Reagy;51610269]US system is still confusing as fuck, the concept of a non-nationalized central bank throws everything off still.[/QUOTE] We have the federal reserve, our federally centralized bank.
[QUOTE=BANNED USER;51610193]Our currency notes have always been made of cotton and linen, and prior to WWI we also had silk in them as well. Sure we call them paper banknotes but in reality they're fabric banknotes. With a country as large and populous as ours, making the switch from one type of currency to the other would be a grand undertaking. If you combined the population of Canada and Australia you guys don't hit 60 million people. Even if you add in the UK population, you're still at about a third of the US population. That should give you some insight as to why it would take us a while to convert to polymer banknotes.[/QUOTE] almost as fitting as calling polymer notes Fisher-Price toy money huh? and polymer bank notes need to be replaced less often so it works out nicely in the long run.
[QUOTE=Trumple;51609377]I think it's a good thing. 1) It stops people illegally making their own coins, that's better for everyone (except maybe criminals themselves). 2) If you're so bothered about the new coin, why are you still using cash in supermarkets anyway? Just pay with your NFC phone, contactless card, or even the good old-fashioned chip and pin. It's faster and you don't have to lug around a pocket full of coins. That's better for everyone because we don't have to wait behind you so long in line.[/QUOTE] The busses in Colchester only take cash and the drivers get assy if you don't have exact change or damn near. I have a bunch of change, including pound coins because of that. Taking the bus actually fueled my alcohol consumption because I'd need to break change for the bus, so hit atm, buy a drink at the bar, now I can afford to make the bus happen for another few weeks.
[QUOTE=angelangel;51609228] lmao the royal mint even have a video [media]https://www.youtube.com/watch?v=i-4OcuFzZ8E[/media][/QUOTE] What pretentious bullshit is this
[QUOTE=Zelpa;51610302]almost as fitting as calling polymer notes Fisher-Price toy money huh? and polymer bank notes need to be replaced less often so it works out nicely in the long run.[/QUOTE] Well I banned them for their shitty post, so are you asking to be banned too or are you just whining for the sake of it? I agree that polymer notes are superior to our old fashioned banknotes, but I also try to use logic and reason to explain why we still use fabric banknotes. Apparently all my effort was wasted.
I just want to know when they're going to get back to minting proper designs on the backs of the rest of our coinage, I've never really cared for the broken coat of arms.
"looks like we just voted ourselves in to an economic recessions. lets spend money needlessly replacing our physical currency with coins that are hard to differentiate from each other" [editline]1st January 2017[/editline] [QUOTE=FFStudios;51609931]Us Americans are very happy to use our greenbacks instead of your Fisher-Price toy money [editline]1st January 2017[/editline] canadian notes are fucking [i]terrible[/i] why use them as the example hahahah [highlight](User was banned for this post ("Shitpost" - BANNED USER))[/highlight][/QUOTE] canadian notes are fucking lit btw. very durable, feel good in the hand
[QUOTE=Mellowbloom;51609235]I wasn't aware we had such a counterfeiting problem with pound coins that required them being replaced? seems like a waste of time to me[/QUOTE] Apparently its the reason £1 coins so often don't work with machines
I kinda like the new coin, but ive always loved the current quid. There's just something neat about having simple, slightly weighty, kinda chunky golden coin.
[QUOTE=ironman17;51609351]While I'm ok with new designs being brought in, they could at least have the new £1 look a LITTLE more distinct from the £2 coin. Am I being a little too general here? Case in point: £2 coin. (not to scale) [IMG]https://upload.wikimedia.org/wikipedia/en/f/f1/British_two_pound_coin_2015_reverse.png[/IMG][/QUOTE] Holy shit it looks like a cult medallion :v:
Hmm... I wonder if some of these coins I have in my coin collection will be worth a little more than face value now? I have quite a few in great shape.
[QUOTE=Reagy;51610231]Still something that should happen, notes get replaced all the time, nothing stopping the US Mint and Federal Reserve from rolling them out instead of paper, just instead of making the paper notes not legal tender in a few months it can be done over years instead for the US's case. Only main reason the US still uses fabric notes is because pretty much all the of the industry is propped up by incentives, its profitable for the producers to replace the shitty fabric notes, polymer isn't profitable for them as a whole and the Reserve is there to make money from literally making money. The US is really [I]special[/I] when it comes to currency production because a big chunk of it is produced by a privately owned organization, not the government.[/QUOTE] It's worth noting that our currency is also used as a backup in many locations abroad. A large number of our notes and almost all of our coins end up overseas; when your currency is worth a fraction of the USD it's much easier to carry around a bunch of USD coins since pretty much everyone takes them. For the same reason it's also much easier to do large transactions in US cash. [QUOTE=Code3Response;51610274]We have the federal reserve, our federally centralized bank.[/QUOTE] The Fed works with the IRS and Treasury and has Presidential appointees but is not actually under Congressional jurisdiction any more than a private bank.
[QUOTE=FFStudios;51609931]Us Americans are very happy to use our greenbacks instead of your Fisher-Price toy money [editline]1st January 2017[/editline] canadian notes are fucking [i]terrible[/i] why use them as the example hahahah [highlight](User was banned for this post ("Shitpost" - BANNED USER))[/highlight][/QUOTE] What is 'toy money'? Cash has no practical purpose outside of it's use as a currency, and regardless surely the less durable currency is the 'toy' one?
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