1. Ditching the round pound
Yesterday Coin World reported that a reverse design for the
Royal Mint's new £1 coin had been selected. A lot of readers might
have said to themselves, "What new pound coin?"
If you're one of those readers, here's what you need to know:
- Currently, the £1 coin is a small, round coin.
many as 3 percent of those round £1 coins (about 45 million) are
fake, according to a survey by the Royal Mint.
- The Royal
Mint announced last March that a larger, ringed
bimetallic, 12-sided pound coin will be put into circulation to
combat the counterfeiting trend.
- The new coin will debut in
- The reverse design of the new coin was determined via
a public competition.
- On Wednesday, it was announced that the winning submission
(pictured above) was designed by 15-year-old student David
Check back with Coin World for further coverage.
2. Doolittle Tokyo Raiders
3. New Chinese release
"China’s latest issue of commemorative coins is a historic
event for modern Chinese coinage." Read why
4. Precious metals pricing
the following prices per ounce at 11:50 a.m. ET Thursday:
5. Yesterday's most-read post
Low-mintage 'King of Morgan dollars' example sells
for nearly $40,000
6. Being social