S&N pulls plug on coin promotions'

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Related tags: Currency

by The PMA Team A Scottish & Newcastle Retail bar in Norwich has withdrawn a "light-hearted promotion" after being blasted by Royal Mint bosses....

by The PMA Team A Scottish & Newcastle Retail bar in Norwich has withdrawn a "light-hearted promotion" after being blasted by Royal Mint bosses. It involved sticking advertising logos on £2 coins given out in customers' change at its Norwegian Blue bar. The Royal Mint claimed the stickers could confuse blind people and clog-up vending machines. It also claimed banks would take the offending coins out of circulation if they received them. A spokeswoman for the Royal Mint said: "The banks that get members of the public coming in with the coins will withdraw them straight away. "The bank takes them out of circulation.They would not re-issue them. "This sort of thing is not something we condone. We advise people not to use coins to advertise with. "Unfortunately, there's nothing in the Coinage Act to make it illegal to do so, but we certainly don't like the coinage to be used in this way. "It causes phenomenal problems for blind people because they feel the coins to work out what the denomination is. "They also leave a residue on them which causes blocks in vending machines." Lloyds TSB confirmed it would follow guidelines given to it by the Bank of England and the Royal Mint and withdraw the money from circulation, even though it remained legal tender. A spokesman for S&N Retail said: "We intended the stickers as a light-hearted, short-term promotion at one site only. The promtion is now at an end. We never intended to cause inconvenience and we apologise.

Related topics: Events & Occasions

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