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 descending chronological order, the individuals who have served as the Mint's Master Engraver are: Cosme Saffioti, Sheldon Beveridge, Ago Aarand, Walter Ott, Patrick Brindley, Myron Cook, and Thomas Shingles. The government department responsible for the Royal Canadian Mint is the Department of Finance. There are 10 members of the Mint's Board of Directors, and 12 members on its Executive Team. The Royal Canadian Mint has four lines of business: Bullion and Refinery Service, Canadian Circulation, Foreign Business, and Numismatics. A listing of all the Masters of the Mint is as follows: A listing of the Mint's Board of Directors: The