5p and 10p nickel plated steel as of 2011?

[scott 144]

to cut costs apparantly

http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/7979997/New-steel-5p-and-10p-coins-a-disaster.html

however it will cost a fortune changing all the vending machines, due to changes in thickness, after the mess the mint have done minting the new design.. they better plate these properly because steel erm rusts... :/

[scottishmoney 29]

to cut costs apparantly

http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/7979997/New-steel-5p-and-10p-coins-a-disaster.html

however it will cost a fortune changing all the vending machines, due to changes in thickness, after the mess the mint have done minting the new design.. they better plate these properly because steel erm rusts... :/

Nothing like chaffing off a large industry that uses something you create - and whose livelihood depends on the things being consistent. I can see making the changes because of costs associated with making the coins from cupro-nickel, but the secrecy? Something Scotland Yard cooked up, or could it be something from Fleet Street?

[Red Riley 2]

It's a sobering thought that our coinage is now made of scrapped Ford Escorts.

[Peckris 579]

It's a sobering thought that our coinage is now made of scrapped Ford Escorts.

I thought they said 'steel'? Ford Escorts were made of finest rust, as I remember.

[£400 for a Penny ? 0]

Apropos nothing, a Bailiwick of Guernsey 2p in my change at the Two Doves this lunchtime.

[Red Riley 2]

Apropos nothing, a Bailiwick of Guernsey 2p in my change at the Two Doves this lunchtime.

It was just The Dove when you were sober.

[davidrj 194]

they better plate these properly because steel erm rusts... :/

Like those horrid German pfennigs

[Sylvester 15]

I don't see how it really makes much difference to be honest, downgrading to nickel plated steel is still one better than aluminium.

I suppose it doesn't really matter any more, after all (ignoring the vending machine industry) what are we actually losing? Cupro-Nickel, base metal rubbish anyhow. British money has been on one long downward spiral since 1920. Just my opinion, others may differ.

[1949threepence 3,367]

to cut costs apparantly

http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/7979997/New-steel-5p-and-10p-coins-a-disaster.html

however it will cost a fortune changing all the vending machines, due to changes in thickness, after the mess the mint have done minting the new design.. they better plate these properly because steel erm rusts... :/

Not good, but at least better than that strange lightweight material they used to use for East German D marks.

[scott 144]

aluminium?

still i prefer that over zinc

[Hello17 3]

aluminium?

still i prefer that over zinc

hehe i dont lick coppers

.... or robbers

[RobJ 0]

I received one of these sets in the post yesterday.

After having a read on the specifications of the coins, I can confirm that the 5p and the 10p for 2011 are indeed composed of Nickel Plated Steel and that they are magnetic.

I really do hope that the Royal Mint have had the plating process performed correctly, otherwise as Scott mentioned earlier, we will have a lot of rusty old metal lining our pockets for some years to come. lol