Osborne Fights U.K. Counterfeiters With Redesigned 1-Pound Coin

  • Introduction planned in March 2017 of two-colored piece
  • As much as 3 percent of pound coins were counterfeit

George Osborne.

Photographer: Luke MacGregor/Bloomberg

Britain’s Royal Mint stepped up its fight against counterfeiters with a timetable for the introduction of a new 1-pound ($1.44) piece, claimed by George Osborne to be the world’s most secure coin in circulation.

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