Jump to Main ContentJump to Primary Navigation
Top

Behold the new 12-sided £1 coin, designed by a teenager

56285ef2-7093-4e28-9e6b-f97ac7fc7394-2060x1236.jpeg

For years, we've been used to the solid, comforting presence of a round £1 coin.

But in a radical new shake-up to combat counterfeiting, a 12-sided £1 is soon to hit our shelves - with the round versions being phased out from 2017.

The new design will feature a rose, leek, thistle and shamrock in a symbol of the UK's four nations, and was unveiled by Chancellor George Osborne on Twitter ahead of his budget announcement today:

The coin was created by 15-year-old David Pearce, who fought off more than 6,000 entries to win a competition to design the "tails" side.

"I was really excited to hear that I had won the competition to design the new £1 coin but hugely shocked as well," the teenager, from  Walsall, told the BBC. "I spent a lot of time researching what coin designs looked like and what sort of designs would represent all parts of the UK before submitting my idea and I honestly cannot believe I have won."

The Chancellor rang Pearce to tell him the good news. 

"Designing the new £1 coin was a brilliant opportunity to leave a lasting legacy on what will be the most secure coin in circulation anywhere," Osborne said

"The competition captured the imagination of thousands of people and David Pearce's winning design will be recognised by millions in the years ahead."

coin

The heads side of the new £1 coin

The new coin will be introduced into Britain in 2017 and features the same shape as the old threepenny bit, which was withdrawn in 1971.

The current £1 coin has become increasingly vulnerable to forgery; around one in 30 of them are believed to be counterfeited.

The Royal Mint says the new design will come with a host of cutting-edge features to make it the most secure coin in the world. This includes two colours of metal, 12 sides and the use of anti-counterfeiting technology, which has been adapted from banknotes to be embedded in coins for the first time.

It will hit our market around the same time as Jane Austen is set to replace Charles Darwin in a new design of the £10 banknote. This followed a high profile campaign that highlighted the lack of women on UK banknotes - apart from the Queen - after it was announced that Sir Winston Churchill would replace social reformer Elizabeth Fry on the £5 note from 2016.

Related

roseland-peninsula.jpg

British bucket list: places to see and things to do before you die

92568949.jpg

Fancy a cuppa? How to make the perfect cup of tea

477956981.jpg

£10 flights to the USA on Ryanair could happen in the next five years

Tarte-Tartin.jpg

Show-stopping desserts from the inventor of the Cronut

LUCY3_rt_IPAD_INLINE_RIGHT_V1.jpg

Lucy Mangan: "Sex for chores? We're better than that"

rexfeatures_1794195c.jpg

Buy the sprawling Mr Darcy estate that inspired Jane Austen's hero

More

“I’m child-free, not childless – why the difference matters”

One writer on how our language shames women who choose not to procreate

21 Aug 2017

Why people are posting cat photos in response to the Barcelona attacks

There’s a reason behind the influx of felines online

by Kayleigh Dray
21 Aug 2017

The deadly secret hidden within that creepy Game of Thrones hug

Spoilers are coming…

by Kayleigh Dray
18 Aug 2017

Why it’s totally fine if you don’t have a ‘work wife’

Having friends at work is nice – but it’s not the be all and end all

by Moya Crockett
18 Aug 2017

Meteorologist’s epic response to troll who called her “disgusting”

“Enough is enough.”

by Sarah Biddlecombe
18 Aug 2017

Acts of love, humanity and solidarity following the Barcelona attack

In the darkness, there is light.

by Moya Crockett
18 Aug 2017

How you can help those caught up in the Barcelona attack

The ways you can support the victims, survivors and investigation

by Kayleigh Dray
18 Aug 2017

People are furious about Trump’s response to the Barcelona attack

The world is sick of his double-standard on terrorism

by Kayleigh Dray
18 Aug 2017

Ryan Phillipe on how he tackles depression

“I’m thinking about how to focus and steady myself”

by Susan Devaney
17 Aug 2017

Are black girls being forced to grow up too fast?

A study has shown that black girls as young as five are seen as more adult than their white peers

by Kemi Alemoru
17 Aug 2017