New Pound Coin: AVA in at the start…

 

The AVA has said it understands the requirements of The Royal Mint to maintain the integrity of the £1.00 coin and it is not a surprise that due to the increased level of counterfeiting that a new public consultation will be launched by the Chancellor for the introduction of a new £1.00 coin.

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The AVA has welcomed the opportunity to be involved from the start of this process to look at the proposed introduction of the coin and what materials it is manufactured from and its specification.

‘It is imperative that the vending industry works with all the other interested parties to ensure that the security and implementation can be undertaken at the lowest possible cost to industry due to its large legacy machine base’, said Jonathan Hilder. ‘The AVA supports the development of a new coin, which is more secure than its predecessor and can incorporate new technologies in the future.’

PV COMMENT: The good news is, of course, that HMG is actually keeping vending in the loop these days, via the good offices at the AVA. Hats off to JH and his team for making it so… (IR-Y)

 

About the author

Yvonne Reynolds-Young

Planet Vending’s MD and Publisher is Yvonne Reynolds-Young. An island of corporate common sense surrounded by oceans of creative madness, Yvonne is the person to call if your intention is to make something happen. (She controls all the diaries and all the money, FYI). She’s also our Social Media Queen, single-handedly responsible for building PVs presence on LinkedIn, FaceBook and Twitter and thereby driving record volumes of traffic onto the site.

‘Customer service is my responsibility and it’s my job to make sure we’re always ahead of deadlines’ she says. ‘My background in big business means I speak the same language as our corporate clients and understand the particular pressures they face when working in the vending arena.’

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