2 new pence 1971

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The 2p rumour is still doing the rounds. A man telephoned the other day January asking what I would offer for a few 'Extremely rare' 's Twopences with 'New Pence' on the back. For some reason I found myself actually being polite to him, and I turned him down fairly gently and then revealed the truth. Updating this now in , I still get the odd call about them! For those of you that are still not aware, I'm likely to turn nasty soon, so please read what I wrote on the subject back in June I have been getting quite a number of enquiries regarding British two pence pieces 2 pees. The British 2p was introduced at decimalisation in

2 new pence 1971

Since the coin's introduction on 15 February , the year British currency was decimalised , its obverse has featured four profiles of Queen Elizabeth II. The two pence coin was originally minted from bronze, but changed in to copper-plated steel. As of March there were an estimated 6. Two pence 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 until , two pence coins were made from bronze. In , this was changed to copper-plated steel because of the increasing price of copper used to make bronze. A small number of 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; [7] these plans never came to fruition. The same design was also re-cut in 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 In the original design both sides of the coin are encircled by dots, a common feature on coins, known as beading. Mint Sets have been produced since ; where mintages on or after that date indicate 'none', there are examples contained within those sets.

The coins remained with this wording until and including Read Edit View history.

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The two pence coin is currently the second lowest circulating denomination of the British decimal Pound Sterling , after the half penny was demonetised in It was one of three new coins introduced into general circulation on the 15 February when the United Kingdom adopted a new decimal currency system. To avoid confusion between the old and new coinage all three coins initially had the word "NEW" incorporated into the reverse design; this was later removed. Bronze was replaced for new coins with copper-plated steel in In , a new design was introduced. The original coins are still current though, and circulate in parallel with the new ones. Coins issued in have now been circulating for 53 years. One penny and two pence coins are legal tender only up to the sum of 20p; this means that it is permissible to refuse payment of sums greater than this amount in 1p and 2p coins in order to settle a debt.

2 new pence 1971

The 2p was first issued in although coins were actually made available earlier in blue folders to enable the public to become familiar with them. With the penny, it is one of only two denominations that has been made to the same size specifications from decimalisation in right up to the present day. Reverse Type 1, used — and in error design by Christopher Ironside :. All the others were produced in high numbers. The coins in annual sets used bronze blanks and all of the coins issued for circulation were made of copper plated steel. Note that there are also minor die differences concerning the reverses of two pence coins dated

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So now from to now the back of the Two pence coin looks like this: Without any exceptions all of the coins had 'Two Pence' on the back. And 5 more volumes. In other projects. So to find 6 in your copper jar should be a one in 6,,, chance six thousand, three hundred million or 6. So now from to now the back of the Two pence coin looks like this:. However, and this is where the confusion comes from, in some years of the early 80's no Two pence coins were issued for general circulation and the , dated coins that were produced all went into special sets containing one of each coin from that year. One chap even told me he had found 6! The 2p rumour is still doing the rounds. MY cart: 0. Matthew Dent. Now as far as I can work out the odds of finding just one of the rare 2p's are 1 in over 14,, going by the mintage numbers alone, the fact that all the coins went into sets, not circulation, decreases those odds even further!

Designer: Arnold Machin. Designer: Christopher Ironside. Please sign in or create an account to manage your collection.

In , this was changed to copper-plated steel because of the increasing price of copper used to make bronze. For those of you that are still not aware, I'm likely to turn nasty soon, so please read what I wrote on the subject back in June In the Royal mint decided that the Two pence piece was not really that new anymore and replaced the word 'New' with the word 'Two'. Hidden categories: Webarchive template wayback links Articles with short description Short description matches Wikidata All articles with unsourced statements Articles with unsourced statements from February They also did this with the other denominations that were introduced in , the 'New Penny' became 'One Penny', and so on Vale Coins - My preferred website for English Hammered and ancient coins. In other projects. United Kingdom UK. British decimal coin. The same design was also re-cut in producing two minor varieties for that year. Mint Sets have been produced since ; where mintages on or after that date indicate 'none', there are examples contained within those sets.