Coins of the pound sterling Coins of the pound sterling The standard circulating coinage of the United Kingdom is denominated in pounds sterling (symbol "£"), and, since the introduction of the two-pound coin in 1994 (to celebrate the 300th anniversary of the Bank of England 1694–1994), ranges in value from one penny to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 (new) pence. From the 16th century until decimalisation, the pound was divided into 20 shillings, each of 12 (old) pence. British coins are minted by the Royal Mint in Llantrisant, Wales. The Royal Mint also commissions the
Ian Bennett (Royal Canadian Mint President) 2010 Winter Paralympics. He died on January 22, 2018 after a brief illness. Ian has been married to Mary Alice MacNeil since 1993, the couple have 3 grown children and 6 grandsons. Ian Bennett (Royal Canadian Mint President) Ian E. Bennett (8 June 1948 – 22 January 2018) was a Master of the Royal Canadian Mint (President and CEO). He held this position from June 12, 2006 and his mandate was extended to 2014. Prior to his appointment, Bennett held several positions within the Department of Finance including Deputy Minister from November 2004 to June 2006. He also served as