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 Canadian Mint Olympic coins the issue price was $9.95. Royal Canadian Mint Olympic coins Since the 1976 Summer Olympics in Montreal, the Royal Canadian Mint has struck Summer and Winter Olympic coins to mark Games held in Canada. Most numismatists agree that the first true numismatic collection was the Olympic Five and Ten Dollar coins for the 1976 Montreal Olympics. Starting in February 1973, the Royal Canadian Mint (RCM) engaged in a very ambitious program. At the behest of the federal government, led by then-Prime Minister Pierre Elliott Trudeau, it was agreed that these coins would help finance and commemorate the 1976 Summer Olympics.