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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 ]
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.
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]
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
Face value Coin Obverse design Reverse design Composition Mintage Available Obverse Reverse 50¢ U.S. Congress Bicentennial half dollar [12] Bust of the Statue of Freedom: Capitol Building: Cu 92%, Ni 8% Authorized: 4,000,000 (max) Uncirculated: 163,753 D Proof: 762,198 S 1989 $1: U.S. Congress Bicentennial dollar [13] Statue of Freedom
In theory, this would have included coins dating back to 1816, but in practice, the oldest were dated 1947, as older coins contained silver, meaning the value of their metal was worth more than their nominal value. The coins were withdrawn when smaller 5p and 10p coins were introduced in 1990 and 1992 respectively.
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