By John Glenday

The familiarity of a £1 coin nestling in your trouser pocket will soon be a thing of the past when chancellor George Osborne announces a replacement for the high-value in today’s budget.

Introduced just 30 years ago the coin has been beset by mass counterfeiting, undermining confidence in the currency and forcing the Royal Mint to respond with a new, more elaborate, design to beat the forgers.

In its place will come a 12-sided dual metal coin, described as the ‘most secure’ in the world.

To be introduced from 2017 it will feature the Queen’s head on one side with a public competition Read full story ›

Source: The Drum