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A commemorative coin issued between 1972 and 1981 as a post-decimal continuation of the old crown. 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".
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.
The British pre-decimal penny was a denomination of sterling coinage worth 1 ⁄ 240 of one pound or 1 ⁄ 12 of one shilling.Its symbol was d, from the Roman denarius.It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling.
The English penny (plural "pence"), originally a coin of 1.3 to 1.5 grams (0.042 to 0.048 troy ounces; 0.046 to 0.053 ounces) pure silver, was introduced c. 785 by King Offa of Mercia. These coins were similar in size and weight to the continental deniers of the period and to the Anglo-Saxon sceats which had preceded it.
The old copper coins soon vanished from towns; progress in rural areas was more gradual. [36] The pre-1860 copper penny was demonetised after 1869 in Britain (though accepted at full face value by the Mint until 1873) and in 1877 for the colonies [ 40 ] —roughly a quarter of the copper coinage struck by the Royal Mint between 1821 and 1856 ...
The coin's origins lie in the English silver crown, one of many silver coins that appeared in various countries from the 16th century onwards (most famously the Spanish piece of eight), all of similar size and weight (approx 38mm diameter, 25g fine silver) and thus interchangeable in international trade.
The coins were also used in British colonies and dominions that had not issued their own coins. In 1895 the design on the reverse was modified by the Engraver of the Royal Mint George William de Saulles and after Queen Victoria 's death in 1901, de Saulles was called upon to create a design for the obverse which would feature Edward VII .
The farthing (from Old English fēorðing, from fēorða, a fourth) was a British coin worth one quarter of a penny, or 1 / 960 of a pound sterling. Initially minted in copper, and then in bronze, it replaced the earlier English farthing. Between 1860 and 1971, the farthing's purchasing power ranged between 12p and 0.2p in 2017 values. [1]
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