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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 decimal one penny (1p) (Irish: pingin) coin was the second-smallest denomination of the Irish pound. There were 100 pennies (pence) to the pound. The coin was first issued on Decimal Day, 15 February 1971. It was the second of three new designs introduced all in bronze, the others being a half
In 1992 the composition of the 1p and 2p coins was changed from bronze to copper-plated steel. Due to their high copper content (97%), the intrinsic value of pre-1992 1p and 2p coins increased with the surge in metal prices of the mid-2000s, until by 2006 the coins would, if melted down, have been worth about 50% more than their face value. [16]
Introduced in 1990 as a commemorative coin, as a continuation of the old crown, replacing the commemorative role of the twenty-five pence coin. The Valiant: various values: Bullion / collectors' coins issued in 2018 to 2021; 1 troy ounce of silver, with a value of £2, or 10 troy ounces, valued at £10. [8] Twenty pounds: £20
Summary: Decimal coins; English name Irish name Value in euro Numeral Diameter Thickness Reverse Introduction Withdrawal £1 fraction Halfpenny: Leathphingin €0.0063 1 ⁄ 2 p 17.14 mm 1 mm Ornamental bird: 15 February 1971 1 January 1985 1 ⁄ 200: Penny: Pingin €0.0127 1p 20.32 mm 1.65 mm (1.52 mm before 1990) Ornamental bird 15 February 1971
However, both coins remain valid back to 1971, the only circulating coins on Decimal Day that are still valid. In 1982, the word "new" in "new penny" or "new pence" was removed from the inscriptions on coins, and was replaced by the number of pence in the denomination (for example, "ten pence" or "fifty pence").
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