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The British decimal two pence (2p) coin – often informally pronounced two pee – is a unit of currency equalling 2/100ths of a pound sterling.Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the year British currency was decimalised.
Media in category "Two pence" The following 9 files are in this category, out of 9 total. Great Britain, twopence 1797 - George III (Coin edges).jpg 490 × 246; 43 KB
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The pre-decimal twopence (2d) (/ ˈ t ʌ p ə n s / or / ˈ t uː p ə n s /) was a coin worth one one-hundred-and-twentieth of a pound sterling, or two pence.It was a short-lived denomination in copper, being minted in only 1797 by Matthew Boulton's Soho Mint.
- 41 mm (1.6 in)
- 56.7 g (2 oz)
- Status as Legal Tender
- External Links
The original reverse of the coin, designed by Christopher Ironside, and used from 1971 to 2008, is the Badge of the Prince of Wales: a plume of ostrich feathers within a coronet, above the German motto ICH DIEN ("I serve"). The numeral "2" is written below the badge, and either NEW PENCE (1971–1981) or TWO PENCE (from 1982) is written above. However, a small number of 1983 "New Pence" coins exist. These coins are rather rare, and are considered collectors' items. It was originally planned that an alternative version of the 2p would be minted with a design representing Northern Ireland.These plans never came to fruition, however. The design was also re-cut in 1993 producing two minor varieties for that year. To date, five different obverses have been used: four different portraits and the removal of the beaded border in 2008. In all cases, the inscription is ELIZABETH II D.G.REG.F.D. 2013,where 2013 is replaced by t...
2p coins are legal tender for amounts up to and including 20 pence. However, in the UK, "legal tender" has a very specific and narrow meaning which relates only to the repayment of debt to a creditor, not to everyday shopping or other transactions. Specifically, coins of particular denominations are said to be "legal tender" when a creditor must by law accept them in redemption of a debt. The term does not mean - as is often thought - that a shopkeeper has to accept a particular type of currency in payment.A shopkeeper is under no obligation to accept any specific type of payment, whether legal tender or not; conversely they have the discretion to accept any payment type they wish.
For a complete list, see Fifty pence (British decimal coin). Prior to 1997, the two pound coin was minted in commemorative issues only – in 1986, 1989, 1994, 1995 and 1996. Commemorative £2 coins have been regularly issued since 1999, alongside the standard-issue bi-metallic coins which were introduced in 1997.
The British decimal one penny coin is a unit of currency equalling one-hundredth of a pound sterling. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the day British currency was decimalised. Four different portraits of the Queen have been used on the obverse; the latest design by Jody Clark was introduced in 2015. The second and current reverse, designed by Matthew Dent, features a segment of the Royal Shield and was introduced in 20
The word penny is derived from the Old English word penig, which itself comes from the proto-Germanic panninga. The correct plural form for multiple penny coins is pennies. The correct term for monetary amounts of pennies greater than one penny is pence.
Prior to 1971, the United Kingdom had been using the pounds, shillings, and pence currency system. Decimalisation was announced by Chancellor James Callaghan on 1 March 1966; one pound would be subdivided into 100 pence, instead of 240 pence as previously was the case. This required new coins to be minted, to replace the pre-decimal ones. The original specification for the 1p coin was set out in the Decimal Currency Act 1969, which was replaced by the Currency Act 1971. Both mandated the weight
1p coins are legal tender for amounts up to and including 20 pence. However, in the UK, "legal tender" has a very specific and narrow meaning which relates only to the repayment of debt to a creditor, not to everyday shopping or other transactions. Specifically, coins of particul
The proposed withdrawal of the 1p coins has been subject of media speculation, such as in 2015 when the Chancellor of the Exchequer, George Osborne, proposed the withdrawal of the 1p coin. This was vetoed by Prime Minister David Cameron, because of the potential unpopularity with
Data taken from the Royal Mint mintage statistics. The latest estimate from the Royal Mint of the total number of 1p coins in circulation was in March 2016 and there were an estimated 10.5 billion 1p coins in circulation, with a total face value of around £105,000,000.
The British decimal fifty pence (50p) coin – often informally pronounced fifty pee – is a unit of currency equalling one half of a pound sterling.It is a seven-sided coin formed as an equilateral-curve heptagon, or Reuleaux polygon, a curve of constant width, meaning that the diameter is constant across any bisection.
- (1969–1994) 30.0 mm, (1997–pres.) 27.3 mm
- (1969–1994) 2.5 mm, (1997–pres.) 1.78 mm
- (1969–1994) 13.5 g, (1997–pres.) 8.0 g
- 0.50 pound sterling
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. 2 pence are equal to 1/50th of a pound. In August 2005 the Royal Mint launched a competition to find new reverse designs for all circulating coins apart from the £2 coin.
One Penny and Two Pence Pound coins money (GBP), currency of United Kingdom, soon to be withdrawn, possibly. British 1p and 2p coins background,decimal one penny, two pence coins. British coin 2 pence 2001 isolated on vintage black background with space for copy text. Front side of two pence coin. England.