Mike the Psych's Blog

What if psychologists ruled the world? In real life?

£1 coin is 30 years old

P1000857This year the pound coin is 30 years old. It replaced the £1 note (still available in Scotland). 

It wasn’t popular at first as it was quite heavy and easy to lose. But they have survived with a new reverse design most years and have an expected life span of 40 years. The metal in the coin is worth about 4p.

I read some reports that said it was called the Maggie after Margaret Thatcher ie rough round the edges and wanting to be a sovereign.

I have to say I think someone is trying to re-write history as I never heard anyone call it that although I do remember Mrs Thatcher using the royal when announcing; “we are a grandmother” .

FYI The Isle of Man minted a £1 coin some years earlier.


Author: mikethepsych

He says he's a psychologist but aren't we all?

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