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The reverse of the coin, designed by Christopher Ironside, and used from 1969 to 2008, is a seated Britannia alongside a lion, holding an olive branch in her left hand and a trident in her right, accompanied by either NEW PENCE (1969–1981) or FIFTY PENCE (1982–2008) above Britannia, with the numeral 50 underneath the seated figure.
The fifty pence (50p) coin followed in 1969, replacing the old ten shilling note. The remaining decimal coins – at the time, the half penny (1 ⁄ 2 p), penny (1p) and two pence (2p) — were issued in 1971 at decimalisation. A quarter-penny coin, to be struck in aluminium, was proposed at the time decimalisation was being planned, but was ...
1980: Withdrawal of the sixpence (6d) coin, which had continued in circulation at a value of 2 + 1 ⁄ 2 p. 1982: The word "new" was dropped from the coinage and a 20p coin was introduced. 1983: A (round, brass) £1 coin was introduced. 1983: The 1 ⁄ 2 p coin was last produced. 1984: The 1 ⁄ 2 p coin was withdrawn from circulation.
From 1990 it was replaced in the commemorative role by the £5 coin. Fifty pence: 50p Introduced in 1969, just prior to decimalisation, to replace the ten shilling note ("ten bob note"). It was initially sometimes called a "ten bob bit". The coin was reduced in size in 1997. One pound: £1 Introduced in 1983 to replace the one pound note. Sovereign
The penny, also known as the cent, is a coin in the United States representing one-hundredth of a dollar.It has been the lowest face-value physical unit of U.S. currency since the abolition of the half-cent in 1857 (the abstract mill, which has never been minted, equal to a tenth of a cent, continues to see limited use in the fields of taxation and finance).
The British decimal one penny (1p) coin is a unit of currency and denomination of sterling coinage worth 1 ⁄ 100 of one pound.Its obverse featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the day British currency was decimalised, until her death on 8 September 2022.
The United States' cent, popularly known as the "penny" since the early 19th century, [6] began with the unpopular copper chain cent in 1793. [23] Abraham Lincoln was the first historical figure to appear on a U.S. coin when he was portrayed on the one-cent coin to commemorate his 100th birthday. [24]
The half ($0.50 or 50¢) is worth fifty cents. Dimes and quarters used to be sometimes collectively referred to as "silver" due to their historic composition of 90% silver prior to 1965. A bit is an antiquated term equal to one eighth of a dollar or 12 + 1 ⁄ 2 cents, after the Spanish 8-Real "piece of eight" coin on which the U.S. dollar was ...