United Kingdom (UK)
|Years of minting||1971–present|
|Design||Queen Elizabeth II|
|Design||Segment of the Royal Shield|
The British decimal two pence coin (often shortened to 2p in writing and speech) is a denomination of sterling coinage equalling 2/100ths 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.In 2008 the design on its reverse changed from the original depiction of a plume ostrich feathers with a coronet to a segment of the Royal Shield.
The two pence coin was originally minted from bronze, but changed in 1992 to copper-plated steel.
As of March 2014 there were an estimated 6.55 billion 2p coins in circulation corresponding to a value of £131 million.
2p coins are legal tender for amounts only up to the sum of 20p when offered in repayment of a debt; however, the coin's legal tender status is not normally relevant for everyday transactions.
From its first minting in 1971 until 1992, two pence coins were made from bronze. In 1992, this was changed to copper-plated steel because of the increasing price of copper used to make bronze.Both the bronze and steel versions were made in 1992 only.
By May 2006 the pre-1992 (97% copper) coins contained 3p worth of copper each.In May 2006, about 2.55 billion such coins remained in circulation, and the Royal Mint warned that tampering with coinage is illegal in the UK. During 2008, the value of copper fell dramatically from these peaks.
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. A small number of 1983 mintage coins exist with the "New Pence" wording. 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. The same design was also re-cut in 1993 producing two minor varieties for that year.
In August 2005 the Royal Mint launched a competition to find new reverse designs for all circulating coins apart from the £2 coin. TWO PENCE above.The winner, announced in April 2008, was Matthew Dent, whose designs were gradually introduced into the circulating British coinage from mid-2008. The designs for the 1p, 2p, 5p, 10p, 20p and 50p coins depict sections of the Royal Shield that form the whole shield when placed together. The shield in its entirety was featured on the now-obsolete round £1 coin. The redesigned 2p coin depicts the second quarter of the shield, showing the Lion Rampant from the Royal Banner of Scotland, with the words
The beading was removed from both sides of the coin in the 2008 redesign.
To date, five different obverses have been used: four different portraits and the removal of the beaded border in 2008. ELIZABETH II D.G.REG.F.D. 2013, where 2013 is replaced by the year of minting. In the original design both sides of the coin are encircled by dots, a common feature on coins, known as beading.In all cases, the inscription is
Four different portraits of the Queen have been used on the coin:
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.
Mintage figures below represent the number of coins of each date released for circulation. Mint Sets have been produced since 1982; where mintages on or after that date indicate 'none', there are examples contained within those sets.
composition changed to copper-plated steel
New Matthew Dent Design
•2021 ~ (unknown)
The standard circulating coinage of the United Kingdom, British Crown Dependencies and British Overseas Territories is denominated in pennies and pounds sterling, and ranges in value from one penny sterling to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 (new) pence. Before decimalisation, twelve pence made a shilling, and twenty shillings made a pound.
The British decimal twenty pence coin is a denomination of sterling coinage worth 1/5 of a pound. Like the 50p coin, it is an equilateral curve heptagon. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 9 June 1982. Four different portraits of the Queen have been used; the latest design by Jody Clark was introduced in 2015. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008.
The British decimal fifty pence coin is a denomination of sterling coinage worth one half of a pound. 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. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction in 1969. Four different portraits of the Queen have been used, with the latest design by Jody Clark being introduced in 2015. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008.
The British decimal five pence coin is a denomination of sterling coinage worth five one-hundredths of a pound. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction on 23 April 1968, replacing the shilling in preparation for decimalisation in 1971. It remained the same size as the one shilling coin, which also remained legal tender, until a smaller version was introduced in June 1990 with the older coins being withdrawn on 31 December 1990. Four different portraits of the Queen have been used, with the latest design by Jody Clark being introduced in 2015. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008.
The British decimal ten pence coin is a denomination of sterling coinage worth one-tenth of a pound. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction in 1968, to replace the florin coin in preparation for decimalisation in 1971. It remained the same size as the florin coin until a smaller version was introduced 30 September 1992, with the older coins being withdrawn on 30 June 1993. Four different portraits of the Queen have been used on the coin; the latest design by Jody Clark was introduced in 2015. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008.
The British decimal one penny (1p) coin is a unit of currency and denomination of sterling coinage worth one-hundredth of one pound. 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 2008. The penny is the lowest value coin ever to circulate in the United Kingdom.
The British decimal halfpenny coin was a denomination of sterling coinage introduced in February 1971, at the time of decimalisation, and was worth one two-hundredth of one pound. It was ignored in banking transactions, which were carried out in units of 1p.
The British two pound (£2) coin is a denomination of sterling coinage. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction. Three different portraits of the Queen have been used, with the current design by Jody Clark being introduced in 2015. The reverse design features Britannia.
The British one pound (£1) coin is a denomination of sterling coinage. Its obverse bears the Latin engraving ELIZABETH II D G REG F D meaning, 'Elizabeth II, by the grace of God, Queen, Defender of the Faith'. It has featured the profile of Queen Elizabeth II since the original coin's introduction on 21 April 1983. Four different portraits of the Queen have been used, with the latest design by Jody Clark being introduced in 2015. The design on the reverse side of the current, 12-sided coin features four emblems to represent each of the nations of the United Kingdom — the English rose, the leek for Wales, the Scottish thistle, and the shamrock for Northern Ireland, also two or three oak leaves — emerging from a single 5-branched stem within a crown. In May 2022 the Royal Mint announced that the Kenyan-born artist Michael Armitage is designing a new £1 coin which will be issued in 2023 and will celebrate the "history of the UK in the 21st century".
The British half farthing was a denomination of sterling coinage worth 1/1,920 of a pound, 1/96 of a shilling, or 1/8 of a penny. It was minted in copper for use in Ceylon, but in 1842 was also declared legal tender in the United Kingdom. Two different obverses were used. Like all British coinage, it bore the portrait of the monarch on the obverse.
The British penny, a large, pre-decimal coin which continued the series of pennies which began in about the year 700, was struck intermittently during the 20th century until its withdrawal from circulation after 1970. From 1901 to 1970, the obverse of the bronze coin depicted the monarch who was reigning at the start of the year. The reverse, which featured an image of Britannia seated with shield, trident, and helm, was created by Leonard Charles Wyon based on an earlier design by his father, William Wyon. The coins were also used in British colonies and dominions that had not issued their own coins.
The British crown was a denomination of sterling coinage worth 1/4 of one pound, or 5 shillings, or 60 pence. The crown was first issued during the reign of Edward VI, as part of the coinage of the Kingdom of England.
Decimal Day in the United Kingdom and in Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence.
The pound is the currency of Guernsey. Since 1921, Guernsey has been in currency union with the United Kingdom and the Guernsey pound is not a separate currency but is a local issue of sterling banknotes and coins, in a similar way to the banknotes issued in Scotland, England and Northern Ireland. It can be exchanged at par with other sterling coinage and notes.
The pound is the currency of Jersey. Jersey is in currency union with the United Kingdom, and the Jersey pound is not a separate currency but is an issue of banknotes and coins by the States of Jersey denominated in sterling, in a similar way to the banknotes issued in Scotland and Northern Ireland. It can be exchanged at par with other sterling coinage and notes.
The pound is the currency of the Isle of Man, at parity with sterling. The Manx pound is divided into 100 pence. Notes and coins, denominated in pounds and pence, are issued by the Isle of Man Government.
The Australian ten-cent coin (Dime) is a coin of the decimal Australian dollar. When the dollar was introduced as half of an Australian pound on 14 February 1966, the coin inherited the specifications of the pre-decimal shilling; both coins were worth one twentieth of a pound and were called "bob". On introduction it was the fourth-lowest denomination coin. Since the withdrawal from circulation of the one and two cent coins in 1992, it has been the second-lowest denomination coin in circulation.
Christopher Ironside OBE, FRBS was an English painter and coin designer, particularly known for the reverse sides of the new British coins issued on decimalisation in 1971.
Coins of the Australian dollar were introduced on 14 February 1966, although they did not at that time include the one-dollar or two-dollar coins. The dollar was equivalent in value to 10 shillings in the former currency.
The Australian Shilling, informally called a "bob", was a type of silver coinage issued by the Commonwealth of Australia, that circulated prior to the decimalisation of Australian coinage. The Australian shilling was derived from the British pre-decimal sterling pound system and was first issued following the passing of the Australian Coinage Act 1909, which established Australia's first formal currency system. The shilling was issued as part of Australia's silver coinage, which included the two-shilling (florin), the sixpence and the threepence. The shilling was minted from 1910 until 1963. During this period there was one significant modification to the design of the Australian shilling, the change in its reverse design, which occurred in 1938 when the design was altered from the Australian Coat of Arms (1910-1936) to the visage of a Merino ram’s head (1938-1963).