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) from 1894 made by the company Fritz Meyer in Gothersgade (No. 14) for use in Angmagssalik on Greenland. In 1923 the Royal Mint moved once again when a new facility was inaugurated at Amager Boulevard 115 on Amager to designs by Martin Borch. The building is today owned by M. Goldschmidt Holding and has been converted into youth housing (150 units) and commercial space (23 offices). The krone, which is divided into 100 øre, has been the unit of currency in Denmark since 1875. Coins denominated in values of 1, 2, 5, 10, and 25 øre were previously minted in