Coins of the pound sterling
British current and historic coinage
British current and historic coinage
The standard circulating coinage of the pound sterling is denominated in pounds (symbol "£", ISO 4217 code GBP) divided into 100 pence, and values range (for coins in circulation) from one penny to two pounds. Before decimalisation in 1971, twelve pence made each shilling, and twenty shillings made a pound. Until decimalisation, circulating coinage ranged from the halfpenny to the crown (five shillings). As a prelude to full decimalisation, coins marked as 5, 10 and 50 new pence had circulated from 1968 (5p and 10p) and 1969 (50p) which until 1971 were valid for the amounts of one, two and ten shillings respectively. British coins are minted by the Royal Mint in Llantrisant, Wales (though some Crown Dependencies and Overseas Territories have their own mint of sterling). The Royal Mint also commissions the coins' designs; however they also have to be accepted by the reigning monarch. In addition to the circulating coinage, the UK also mints commemorative decimal coins (crowns) in the denomination...
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