Picture: New £1 Coin Design

George Osborne is set to announce a new design for the £1 coin, in order to make it more difficult to forge. With an estimated 45 million forgeries in circulation (find out how to spot a fake £1 coin), the time has come to find a more secure coin.

The new coin will have 12 sides, and is expected to be launched in 2017, no doubt creating chaos for vending machine makers across the land.

new-1-pound-coin

The coin will feature the Queen on one side, as you’d expect, and an as yet undecided design on the “tails” side.

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