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Chances are you've got some fake money in your wallet

The new twelve-sided 拢1 coin is being released on 28th March, in an attempt to stop forgers from copying the UK's most popular coin.

Phillip Mussel, Director of Coin News:

"It's going to look very different from the one we're used to.

"It's not going to be much bigger, it's slightly thinner from memory, but it's going to be different certainly - you're going to notice it straight away.

"1 in 30, which represents a lot of money out there, are fake. The problem with the old 拢1 coin is that it's just a lump of metal."

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