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Decimal Day in the United Kingdom and its colonies was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence.
Before this date, both the British pound sterling (symbol "£") were subdivided into 20 shillings, each of 12 (old) pence, a total of 240 pence. 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.
Engraver: Christopher Ironside
Obverse
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Depicts a Maltese cross in the middle, on the upper edge the country name between two dolphins, on the lower edge the year of issue also between two dolphins from the coat of arms of Malta. MALTA |
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Reverse
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Depicts a large value in the middle, along the top edge inscription of the event. 10TH ANNIVERSARY OF DECIMALIZATION |
Edge |
Characteristics
Type | Commemorative Issue (Circulating) |
Material | Aluminium |
Weight | 0.95 g |
Diameter | 20.3 mm |
Thickness | 1.49 mm |
Shape |
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Notches | 8 |
Alignment | Medal |
Mint |
Franklin Mint (FM)
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