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
Virginia pound Virginia pound The pound was the currency of Virginia until 1793. Initially, the British pound sterling circulated along with foreign currencies, supplemented from 1755 by local paper money. Although these notes were denominated in pounds, shillings and pence, they were worth less than sterling, usually discounted so 1 Virginia shilling was equal to 9 British pence, while 1 British shilling was equal to 12 British pence. In British pounds, shillings and pence (£sd), duodecimal coinage (12d (pence) = 1s (shilling), 20s = £1 (pound), 21s = 1 guinea), which was in use in the UK until the adoption of decimal