Coins of the pound sterling coins' designs. As of 31 March 2016, there were an estimated 30.14 billion coins circulating in the United Kingdom. The first decimal coins were circulated in 1968. These were the five pence (5p) and ten pence (10p), and had values of one shilling (1/-) and two shillings (2/-), respectively, under the pre-decimal £sd system. The decimal coins are minted in copper-plated steel (previously bronze), nickel-plated steel, cupronickel and nickel-brass. The two-pound coins, and, as from 28 March 2017 the new one-pound coins, are bimetallic. The coins are discs, except for the twenty pence and fifty pence pieces, both of which
Palestine pound Yud after "Palestina", for "Eretz Yisrael" (Land of Israel). Unlike the pound sterling in the United Kingdom, and the sterling-equivalent Cypriot pound in British-run Cyprus, the Palestine pound was from its introduction a decimal currency, albeit with each pound divided into one thousand parts, called "mils." This system was derived from a proposal made in 1855, by William Brown, a member of the United Kingdom parliament, that the United Kingdom pound should be decimalised by being divided into one-thousand parts, each called a "mil." Although this system was never adopted in the United Kingdom, it was used by the British