The NEW £1 coin !! - Looks remarkably like the OLD thruppennybit !!..............
............in more ways than one !
Yes, I know it has 12 sides v the old 8 sides
And I know that "worth" varies too much across commodities, wages and investment, but...........
......the new £1 coin has about the same purchasing power of imported American goods as the old thruppenybit did back in 1950 (when I was a young lad)
Posted on: 01 November 2016 by Innocent Bystander
Don Atkinson posted:
The NEW £1 coin !! - Looks remarkably like the OLD thruppennybit !!..............
............in more ways than one !
Yes, I know it has 12 sides v the old 8 sides
And I know that "worth" varies too much across commodities, wages and investment, but...........
......the new £1 coin has about the same purchasing power of imported American goods as the old thruppenybit did back in 1950 (when I was a young lad)
I think the old threepenny bit had 12 sides.
this one is designed to be very secure agaist forgery - introduced when the £1 has less than 40% of its original buying power.