The new pound coin. It has twelve edges, with an outer golden ring and an inner silver ring. The design on the front shows a leek, thistle, shamrock and rose coming out of a crown.
Media playback is unsupported on your device

New 12-sided £1 coin designed by 15-year-old boy

18 March 2015 Last updated at 16:48 GMT

The design of the new £1 coin has been revealed after a competition to design the "tails" side.

The winner was 15-year-old David from Walsall who made a design featuring the four plants associated with the four nations that make up the UK.

His design features the leek, thistle, shamrock and rose, coming out of a crown.

Chancellor George Osborne said the image will be "recognised by millions in the years ahead".

Watch Hayley's report to find out more.