Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Vending Association wins third delay in launch of new coins

29 March 2011 by
Vending Association wins third delay in launch of new coins

The http://www.ava-vending.co.uk" target="_blank" rel="noreferrer">Automatic Vending Association

Originally slated for January 2011 and then shifted to April, the new coins will not now appear until 1 January 2012, giving operators more time to update their coin mechanisms.

The new coins will be made from steel with a nickel coating, will be 11% thicker than current coins (with a depth of 1.9mm instead of 1.7mm) and will be magnetic.

The switch is designed to save the Royal Mint up to £8m a year but it will cost the vending industry £42m and the coin machine industry as a whole up to £100m.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking