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 The florin, the first decimal coin, was the last coin in general circulation just prior to decimalisation to be withdrawn.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
Shilling (British coin) coins was determined by the market price of the metal contained within them. This debasement was recognised as a mistake, and during Elizabeth's reign newly minted coins, including the testoon (now known as the shilling), had a much higher silver content and regained their pre-debasement value. Shillings were minted during the reign of every British monarch following Edward VI, as well as during the Commonwealth, with a vast number of variations and alterations appearing over the years. The Royal Mint undertook a massive recoinage programme in 1816, with large quantities of gold and silver coin being minted. Previous issues of