Two pence (British decimal coin) dots, a common feature on coins, known as beading. As with all new decimal currency, until 1984 the portrait of Queen Elizabeth II by Arnold Machin appeared on the obverse, in which the Queen wears the 'Girls of Great Britain and Ireland' Tiara. Between 1985 and 1997 the portrait by Raphael Maklouf was used, in which the Queen wears the George IV State Diadem. In 1992 the metal used in minting this coin was switched from bronze to copper-plated steel. From 1998 to 2015 the portrait by Ian Rank-Broadley was used, again featuring the tiara, with a signature-mark below the
Coins of the pound sterling (97%), the intrinsic value of pre-1992 1p and 2p coins increased with the surge in metal prices of the mid-2000s, until by 2006 the coins, would, if melted down, have been worth about 50% more than their face value. (To do this, however, would be illegal, and they would have had to be melted in huge quantities to achieve significant gain.) In subsequent years the price of copper fell considerably from these peaks. The following are commemorative issues and are seldom encountered in normal circulation due to their precious metal content. The following decimal coins have been withdrawn from circulation