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Royal Mint (Denmark) Denmark, but they have been withdrawn. Now, the coin with the lowest denomination in circulation is the 50 øre coin. The rest of the circulating coins have denominations of 1, 2, 5, 10 and 20 krone. The Royal Mint of Denmark has also minted commemorative coins in gold in silver. In 1975 the Danish government placed the Royal Mint under the control of the Danish Central Bank, and in 1978 the mint moved to a location on Solmarksvej in Brøndby. In March 2012 the offices of the mint were again relocated to Copenhagen, to the Danish Central Bank building on