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. The new coin will enter circulation in 2017.