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 Thai Mint Maha Chakri Sirindhorn on July 2, 2003. The Royal Thai Mint is responsible for the production of Thai coins, medals and Royal Thai orders and decorations. The coin distributor is responsible of the Bureau of Monetary Management. Royal Thai Mint The Bureau of Royal Thai Mint, (), is situated in Pathum Thani, Thailand. It is a sub-division of the Treasury Department, Ministry of Finance. The first mint was established in 1860, inside the Grand Palace, as ""โรงกระสาปน์สิทธิการ"". Because of limited space, the mint was moved to the new building in 1875 (where Wat Phra Kaew Museum is located today). Then