Teenager's design set to grace the new £1 coin

A teenager's design is set to grace pockets and purses across the UK after the Chancellor announced his drawing will feature on the new £1 coin.

Fifteen-year-old David Pearce's winning design was chosen from more than 6,000 entries and will be printed on to the new £1 coin in 2017.

David, from Walsall, received the exciting news from George Osborne himself, who rang up to tell the teen he had won.

Osborne, who welcomed David and other young entrants to Downing Street to celebrate their success, said David's design would be "recognised by millions in the years ahead".

"Designing the new £1 coin was a brilliant opportunity to leave a lasting legacy on what will be the most secure coin in circulation anywhere," the Chancellor said.

David said he could not believe his design, which features a rose, leek, thistle and shamrock emerging from a Royal Coronet, had been chosen.