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The British decimal two pence coin (often shortened to 2p in writing and speech) is a denomination of sterling coinage equalling 2 ⁄ 100 of a pound. Since the coin's introduction on 15 February 1971, the year British currency was decimalised , its obverse has featured four profiles of Queen Elizabeth II . [ 1 ]
The British twopence (2d) (/ ˈ t ʌ p ə n s / or / ˈ t uː p ə n s /) coin was a denomination of sterling coinage worth two pennies or 1 / 120 of a pound. It was a short-lived denomination in copper, being minted only in 1797 by Matthew Boulton's Soho Mint. These coins were made legal tender for amounts of up to one shilling by a ...
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.
As with just about any asset, a coin's value is determined by its market demand. This means that coins in short supply often see higher demand -- and higher values. With coins, supplies are limited...
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A coin can be worth a ton of money -- a pretty penny, one might say -- if it's rare and has enough historical significance. Find Out: These 11 Rare Coins Sold for Over $1 Million Explore More ...
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]
In October 2007, the Guinness Book of World Records certified the coin as the world’s largest gold coin. The coin’s front shows Queen Elizabeth II, while the reverse shows a Canadian maple leaf.