Decimal Day remain unchanged. Under the new system, the pound was retained but was divided into 100 new pence, denoted by the symbol "p". New coinage was issued alongside the old coins. The 5p and 10p coins were introduced in April 1968 and were the same size, composition, and value as the shilling and two shillings coins in circulation with them. In October 1969 the 50p coin was introduced, with the 10s note withdrawn on 20 November 1970. This reduced the number of new coins that had to be introduced on Decimal Day and meant that the public was already familiar with
Twopence (British pre-decimal coin) below and to the right. Above, on the rim, is incused the word , and on the rim below the image is incused the date . The reverse was also designed by Kuchler. The word appears next to the shield, indicating that the coin came from the Soho Mint. Twopence (British pre-decimal coin) The pre-decimal twopence (2d) was a coin worth one one-hundred-and-twentieth of a pound sterling, or two pence. It was a short-lived denomination, only being minted in 1797 by Matthew Boulton's Soho Mint. Before Decimal Day in 1971, two hundred and forty pence equaled one pound sterling. Twelve