Uk Great Britain 1971 Elizabeth 2 Pence And 2 New Pence Value,
These coins are worth face value: 2 pence in the UK. Use to figure exchange rates between currencies of various countries.
The “New“ designation comes from coins minted on Decimal Day and for several years after. “Decimal Day“ is the name that was given to 15 February 1971 in the United Kingdom. It was the day that the UK converted to a decimal-based system of currency from the old pound-shilling-pence system. In the old system, 1 pound = 240 pence. In the new (decimal) system, 1 pound = 100 pence. For coin collectors, the “New“ designation is not important.
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