REVEALED: UK Chancellor of the Exchequer, Philip Hammond uncovers plans for UK Overseas Territories self-designed coins

FOR the first time ever Gibraltar will be able to design its own 12-sided one pound coin, the Royal Mint has revealed.

But the Rock is expected to create a new design with a map showing the EU area without the UK.

The 14 UK Overseas Territories are expected to produce coins with ‘images celebrating their heritage,’ according to the UK Treasury.

MINT: The 12-sided coin, adopted by the UK in 2017, can now be minted and designed by the Overseas Territories

However Gibraltar, which is set to leave the EU on March 29 despite voting 96% to remain, appears to be recognising Brexit with its new mintage.

“The current thinking is to have an outline map of the EU area without the UK, with the Union Jack symbolising the past and the future,” said a spokesperson for the Government of Gibraltar.

The Government did say that they did not know at this stage how the design would be selected or who the designer would be.

Introduced in 2017, the 12-sided one pound coin is the ‘most secure of its kind in the world’, according to the Treasury.

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