The new UK £1 coin

Here is the new UK £1 coin! On March 19th, during his Budget speech, George Osborne, Chancellor of the Exchequer, revealed that HM Treasury believes there is a strong case for introducing a new £1 coin to combat counterfeiting. As such, we The Royal Mint have produced a prototype for a replacement £1 coin which utilises multiple layers of cutting edge technology and would allow the UK to rapidly reduce the rate of counterfeit coins.