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  2. The British decimal two pence coin (often shortened to 2p in writing and speech) is a denomination of sterling coinage equalling 100 of a pound. Since the coin's introduction on 15 February 1971, the year British currency was decimalised, its obverse has featured four profiles of Queen Elizabeth II. [1]

  3. Background Information. The United Kingdom 2p coin was introduced on 15th February 1971, with the creation of a new decimal currency system. The other two coins issued at this time were the 1/2p and 1p coins. To avoid confusion between the old and new coinage, all three coins had the word 'NEW' incorporated into the reverse design.

  4. The United Kingdom 2p coin was one of three new coins introduced into general circulation on the 15 February 1971 when the United Kingdom adopted a new decimal currency system. The other two new coins were the 1/2p and 1p coins ( 5p , 10p and 50p had been introduced earlier).

    • Two Pence (Ironside design, Steel)
    • Pound Sterling
    • United Kingdom
    • 1992
  5. New bronze coins were introduced in 1860, with a face value that was no longer required to match the value of the base metal. A year later, withdrawal of the old copper coinage began. [2] Design.

  6. The two pence coin is currently the second lowest circulating denomination of the British (decimal) Pound Sterling, after the half penny was demonetised in 1984. It was one of three new coins introduced into general circulation on the 15 February 1971 when the United Kingdom adopted a new decimal currency system.

  7. The two pence coin was originally minted from bronze, but since 1992 it has been minted in copper-plated steel due to the increasing price of metal. By May 2006 the pre-1992 (97% copper) coins contained 3p worth of copper each. During 2008, the value of copper fell dramatically from these peaks.

  8. The remaining decimal coins – at the time, the half penny ( p), penny (1p) and two pence (2p) — were issued in 1971 at decimalisation. A quarter-penny coin, to be struck in aluminium, was proposed at the time decimalisation was being planned, but was never minted.

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