The Chancellor of the Exchequer, Rt. Hon George Osborne has revealed the winning design for the new £1 coin following the public design competition launched in September 2014. The final design, which will feature as the definitive reverse of the coin – the ‘tails’ side – is based on the artwork of fifteen-year-old David Pearce from Walsall.
The final design features four emblems to represent each of the nations of the United Kingdom – the English rose, the leek for Wales, the Scottish thistle, and the shamrock for Northern Ireland – emerging from a single stem within a crown.
David Pearce’s design has been refined for use on the final coin with the support of the renowned numismatic artist David Lawrence and lettering expert Stephen Raw.
The new coin will enter circulation during 2017.
For more information on the new coin, its design and the designer, please see our Frequently Asked Questions.
The Chancellor of the Exchequer, George Osborne, said:
“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.”
“The competition captured the imagination of thousands of people and David Pearce’s winning design will be recognised by millions in the years ahead. It was fantastic to congratulate him and other young entrants in person in Downing Street.”
New £1 coin design winner David Pearce said:
“I was really excited to hear that I had won the competition to design the new £1 coin but hugely shocked as well! I heard about the competition through my design teacher at school and I thought I had nothing to lose so I decided to enter. 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.”
Adam Lawrence, Chief Executive of The Royal Mint, said:
“We are delighted to have the opportunity to support Her Majesty’s Treasury in modernising the iconic £1 coin and helping to re-define the world of coinage. Made from two different metals and including ground-breaking technology developed at The Royal Mint, this new 12-sided coin will be the most secure circulating coin in the world.
“As an organisation we have been established for over one thousand years but we are constantly looking to the future, so it’s fantastic to see the work of a talented young artist like David Pearce being replicated on a coin, that will be used by millions of people in Britain and recognised world-wide for years to come”.
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