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The original reverse of the coin, designed by Christopher Ironside, and used from 1971 to 2008, is the Badge of the Prince of Wales: a plume of ostrich feathers within a coronet, above the German motto ICH DIEN ("I serve"). The numeral "2" is written below the badge, and either NEW PENCE (1971–1981) or TWO PENCE (from 1982) is written above ...
With decimalisation, the pound kept its old value and name in each currency, but the shilling was abolished, and the pound was divided into 100 new pence (abbreviated to "p"). In the UK, the new coins initially featured the word “new”, but in due course this was dropped. Each new penny was worth 2.4 old pence ("d.") in each currency.
2014: A petrol station owner found a silver two pence in a new packet of coins minted in 1988. The coin sold for £1,200 at the Charterhouse Auction house in Sherborne. [3] 2015: A 1971 silver two pence was found in the donation box for unwanted foreign currency at a hospital in Reading. [3] 2016: A silver two pence was found in a Poppy Appeal tin.
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States president Richard Nixon on 15 August 1971 in response to increasing inflation. [1] [2]
In 1971, a new penny would have been worth 9.6 farthings (making a farthing slightly more than 0.1 new pence). Similarly, the old halfpenny and the half-crown were not converted [clarification needed] in the UK either, [citation needed] having been withdrawn in the run-up to decimalisation, although the half-crown was worth exactly 12 1/2 new ...
U.S. coins worth five cents have been around since 1794, but they were called "half dimes" during the early decades. The term "nickel" wasn't (um) coined until 1866, though the smaller half dime...
2/-£0.1: 1848–1970, circulated from 1971 to 1993 with a value of ten decimal pence. Not to be confused with the gold medieval florin. [coins 2] Two shillings and twopence: 2/2: £0.1084: Late 1640's Minted by Charles I during the civil war briefly. Two shillings and fourpence: 2/4: £0.1168: 1644-45 Minted under Charles I during the civil ...
An American silver coin from before the American Revolution that was recovered in an old cabinet in Amsterdam sold for $2.52 million at an auction, decimating the previous record. ...