Now on the production line in Wales – the 12-sided £1 coin

More details have emerged about the 12-sided £1 coin which is due to enter circulation in March 2017.

The new £1 coins have gone into production today – a whole year before they are due to be released.

New £1 Coin will enter circulation during 2017#pound2016 #kprs #tweetuk #bizitalk #uksopro https://t.co/9zY8XumeyN pic.twitter.com/SVZeklqtl7

— Crossbrook Insurance (@crossbrookuk) March 31, 2016

The new 12-sided £1 coin will be made from 2 different metals and has been billed to become the most secure circulating coin in the world.

“With ground-breaking technology, developed in Wales, the new coin will help secure our economy and get rid of counterfeits.” George Osborne on the 2017 £1 coin.

The release of this new coin will come as a relief to many as there are 45 million pounds worth of fake pound coins in circulation as three pound coins in every 100 have been found to be fake.

The new design by 16 year old student David Pearce from Walsall, will feature four emblems that represent the UK – a rose, a thistle, a leek and a shamrock emerging from a royal coronet.

We’re really looking forward to finding them in our change when they come out, and remember, you can collect them with www.changechecker.org

 

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