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Report by Edward FRIMPONG
The Bank of Ghana has announced a newly upgraded Gh¢1 coin with enhanced security features which will be issued into circulation from Monday, 12th December 2022.
According to the Bank of Ghana, the coin is similar to the existing Gh¢1 coin in shape, form, and images; the coat of arms in front and the scale of justice at the back.
A release noted that the upgraded Gh¢1 coin is bi-metallic with outer gold and inner silver.
“The coin has a pronounced rough edge and incorporates a latent image, which appears in a rectangular form below the scale of justice at the back, “it added
“The latent image changes from a radiating star to a one Ghana cedi symbol sandwiched between two stars when tilted,” said the statement.
The statement revealed that the existing and the upgraded Gh¢1 coins will co-circulate until the existing coin is gradually withdrawn.
“The Bank encourages the public to accept the coins and use them,” the statement concluded
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