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The new coin will be introduced into Britain in 2017 and features the same shape as the old threepenny bit, which was withdrawn in 1971.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

Comments

More

There's a sex side-effect which benefits you for 48 hours, study finds

It's all about what's known as the sex "afterglow".

by Hayley Spencer
24 Mar 2017

This is how much the houses in Big Little Lies cost

Spoiler: they're VERY expensive.

by Hayley Spencer
23 Mar 2017

Scientists reveal why you need to stop flaking on plans with friends

Don't flake it 'til you make it

by Kayleigh Dray
23 Mar 2017

Revealed: the number one reason that women break up with their partner

The truth hurts

23 Mar 2017

Been zombied? There’s now a name for this confusing dating behaviour

It's time to talk about the zombies of the dating world...

23 Mar 2017

10 female anthems to share with your mum this Mother's Day

The most moving anthems about motherhood by our favourite female artists.

by Alice Vincent
23 Mar 2017

Londoners share messages of unity and defiance after Parliament attack

“Londoners will never be cowed by terrorism”

by Kayleigh Dray
23 Mar 2017

Games developers donate to girls gaming project after sexist trolling

“It can feel a little helpless to see this stuff and not feel there’s anything positive you can do”

by Amy Swales
22 Mar 2017

10 cocktail recipes inspired by iconic women authors

Intoxicating recipes and feminist literary history: a winning combination.

by Moya Crockett
22 Mar 2017

Footballer charged with murder of ex claims he's 'not a bad guy'

The brazen goalkeeper said 'mistakes happen in life'

22 Mar 2017