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 Court 2016 planning permission was granted for the grade II-listed building to be refurbished and the site redeveloped. The site of "Royal Mint Court" comprises three buildings, two of which are original 19th century creations for the Royal Mint. The third building is an interconnecting office complex built in the late 1980s after the mint relocated to Wales. In addition to the buildings, two listed structure are also within the site's forecourt; a 19th-century entrance lodge built by Robert Smirke and a set of cast iron lamps on stone white plinths. Designed in 1805 by James Johnson, the building was constructed