Florin (British coin) piece was issued in 1992, after which the old florin was demonetised on 30 June 1993. The florin, the first decimal coin, was the last coin in general circulation just prior to decimalisation to be withdrawn. Florin (British coin) The British florin, or two shilling coin, was issued from 1849 until 1967, with a final issue for collectors dated 1970. Valued at one tenth of a pound (24 old pence), it was the last coin circulating immediately prior to decimalisation to be demonetised, in 1993, having for a quarter of a century circulated alongside the ten pence piece, identical in
Penny (British pre-decimal coin) until 1970). The 97% copper, 0.5% tin, 2.5% zinc alloy was used again for the 1960s pennies. Finally, there was an issue of proof quality coins dated 1970 produced to bid farewell to the denomination. The original reverse of the British penny is the same as the reverse of the pre-1707 English penny, a crowned letter I, surrounded by the inscription . The obverse features the left-facing portrait of Queen Anne, surrounded by the inscription . George I and George II coins also have a crowned I on the reverse, and busts on the obverse. George I pennies have inscribed