Coins of the Maltese lira former banknote. In 1988 a new coat of arms was adopted showing a heraldic representation of the Maltese flag, a mural crown and a wreath of olive and palm trees. The coin series of 1991 depicted the new coat of arms, but the reverse side remained the same. This series remained in use until 2007, being withdrawn in January 2008 upon the introduction of the Euro. They were demonetised in 2010. Coins of the Maltese lira Coins of the Maltese lira have been struck from when Malta adopted decimal currency in 1972, to 2007, after which Malta adopted the euro.
Penny (British pre-decimal coin) pennies" means specifically eight individual penny coins. Before Decimal Day in 1971 twelve pence made a shilling, and twenty shillings made a pound, hence 240 pence in one pound. Values less than a pound were usually written in terms of shillings and pence, e.g. 42 pence would be three shillings and sixpence (3/6), pronounced "three and six". Values of less than a shilling were simply written in terms of pence, e.g. eight pence would be 8d. This version of the penny was made obsolete in 1971 by decimalisation, and was replaced by the decimal penny, worth 2.4 old pence. The