March 19 (Reuters) - Britain plans to replace its 1-pound coin in 2017 with "the most secure coin in circulation in the world" as it cracks down on fake currency, the finance ministry said on Wednesday.
The design of the current pound coin, which has been in circulation for more than 30 years, leaves it vulnerable to sophisticated counterfeiters, the Treasury said.
"The Royal Mint estimates that about 3 percent of all 1 pound coins, or 45 million, are now forgeries. In some parts of the United Kingdom country, it is as high as 6 percent."
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