Florin (Irish coin) the name "Saorstát Éireann" circling around. From 1938 to 1968 the inscription changed to "Éire" on the left of the harp and the date on the right. Like all Irish coins, the florin may be redeemed for euro at the Central Bank of Ireland. Florin (Irish coin) The florin (2s) () coin was a subdivision of the pre-decimal Irish pound, worth of a pound. It was more commonly known as the two-shilling coin. The original minting of the coin from 1928 until 1943 contained 75% silver, a higher content than the equivalent British coin. It is believed that this was
Penny (British decimal coin) mid-2000s caused the value of the copper in the pre-1992 coins (which are 97% copper) to exceed the coins' face value. For example, in May 2006, the intrinsic metal value of a pre-1992 1p coin was about 1.5 pence. During 2008, the value of copper fell dramatically from these peaks. As of 31 March 2016 there were an estimated 11,430 million 1p coins in circulation, with an estimated total face value of £114.299 million. The penny is the lowest value coin in circulation in the United Kingdom. The purchasing power of previous lowest-value coins is: The original reverse of the