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
Royal Mint (Denmark) Royal Mint (Denmark) The Royal Mint of Denmark () is a mint established by the Danish monarchy in the early 16th century, which currently by law is the only company allowed to mint the Danish currency (DKK). The Danish State now owns the company as an entity belonging to the Danish Central Bank. Production of coins in Denmark goes about 1000 years back. For the first 500 years it took place at various towns around the country. The first king to start a production of coins in Copenhagen was King Hans. It is believed that it took place in the