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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.
Only one design for the obverse was used on the halfpenny coin. The inscription around the portrait on the obverse was ELIZABETH II D.G.REG.F.D. 19xx, [2] where 19xx was the year of minting. Both sides of the coin are encircled by dots, a common feature on coins known as beading.
Dei Gratia Rex (abbreviated as D. G. Rex) is a Latin title inscribed on coins meaning, By the Grace of God, King. The corresponding title for a queen is Dei Gratia Regina (abbreviated as D. G. Regina or D. G. Reg). This phrase is circumscribed on the obverse of many British and Canadian coins. [1]
The original intention was to exclude both the £1 and £2 coins from the redesign because they were "relatively new additions" to the coinage, but it was later decided to include a £1 coin with a complete Royal Shield design from 2008 to 2016, [21] and the 2015 redesign of the £2 coin occurred due to complaints over the disappearance of ...
Each new penny was worth 2.4 old pence ("d."). A coin of half a new penny, a halfpenny, was introduced to maintain the approximate granularity of the old penny, but was dropped in 1984 as inflation reduced its value. An old value of 7 pounds, 10 shillings, and sixpence, abbreviated £7-10-6 or £7:10s:6d. became £7.52 1 / 2 p. Amounts ...
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The old pennies quickly went out of use after Decimal Day, 15 February 1971—there was no exact decimal equivalent of them, and the slogan "use your old pennies in sixpenny lots" explained that pennies and "threepenny bits" were only accepted in shops if their total value was six old pence (exactly 2 + 1 ⁄ 2 new pence). The old penny was ...
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