Coins of the pound sterling

Examples of the standard reverse designs minted until 2008. Designed by Christopher Ironside (£2 coin is not shown).

The standard circulating coinage of the United Kingdom, British Crown Dependencies and British Overseas Territories is denominated in pennies and pounds sterling (symbol "£", commercial GBP), and ranges in value from one penny sterling to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 pence (minted on coins as new until 1981). Before decimalisation, twelve pence made a shilling, and twenty shillings made a pound.

British coins are minted by the Royal Mint in Llantrisant, Wales. 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 : A British coin that was worth 25 pence before decimalisation and commemorative after ; before 1947 it was struck in 500. Silver and cupro nike afterwards in 1969) in the denomination of five pounds, ceremonial Maundy money in the denomination of 1, 2, 3 and 4 pence ( in certain colonies they used 1 1/2 pence) struck in sterling silver (.925 purity)and bullion coinage of gold sovereigns, half sovereigns, and gold and silver Britannia coins are also produced. Some territories outside the United Kingdom, which use the pound sterling, produce their own coinage, with the same denominations and specifications as the UK coinage but with local designs that are not legal tender in the mainland United Kingdom.


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