Halfpenny (British decimal coin) Halfpenny (British decimal coin) The British decimal halfpenny (p) coin was introduced in February 1971, at the time of decimalisation, and was worth one two-hundredth of a pound sterling. It was ignored in banking transactions, which were carried out in units of 1p. The decimal halfpenny had the same value as 1.2 pre-decimal pence, and was introduced to enable the prices of some low-value items to be more accurately translated to the new decimal currency. The possibility of setting prices including an odd half penny also made it more practical to retain the pre-decimal sixpence in circulation (with a value
Commemorative coins of the United Kingdom the decimal era, crowns were converted to twenty-five pence. 50p and recent £2 Coins circulate normally and can be found in change. Usually about 5 million of each of these are the commemorative issue, the rest being of the standard design. Since 1982 all of these have also been produced as Sterling silver and 22 carat Gold proofs. Although the design of the £1 Coin changes every year, these are not considered to be commemoratives, as they do not mark an event or its anniversary. Twenty-five pence Non-circulated Circulated Commemorative coins of the United Kingdom Commemorative coins have been issued