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 The florin, the first decimal coin, was the last coin in general circulation just prior to decimalisation to be withdrawn.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
Two pence (British decimal coin) legal tender only up to the sum of 20p; this means that it is permissible for a court to refuse payment of sums greater than this amount in 1p and 2p coins in order to settle a debt. The two pence coin was originally minted from bronze, but since 1992 it has been minted in copper-plated steel due to the increasing price of metal. By May 2006 the pre-1992 (97% copper) coins contained 3p worth of copper each. As of May 2006, about 2.55 billion such coins remained in circulation. However, The Royal Mint warned that tampering with coinage is