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1997 two pence coin value

Hundreds of millions of two pence coins are minted every year, so most are only worth their original value. But there are some error coins which have mistakes on. The 2p was first issued in 1971 (although 1971 coins were actually made available Obverse Type 2, used 1985 – 1997 (bust design by Raphael Maklouf). Buy the 1997 Technology Bimetallic Silver Proof Two Pound Coin. This is the first How Much is a 1986 £2 Coin Worth? Beatrix Potter 2017 Fifty Pence Coins.

1997 two pence coin value - consider

Two pence (British decimal coin)

The British decimal two pence (2p) coin – often informally pronounced too pee – is a unit of currency equalling 2/100ths of a pound sterling. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the year British currency was decimalised.^[1] Four different portraits of the Queen have been used on the coin, with the latest design by Jody Clark being introduced in 2015. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008.

The two pence coin was originally minted from bronze, but since 1992 it has been minted in copper-plated steel due to the increasing price of metal.^[2] By May 2006 the pre-1992 (97% copper) coins contained 3p worth of copper each.^[3] As of May 2006, about 2.55 billion such coins remained in circulation.^[3] However, The Royal Mint warned that tampering with coinage is illegal in the UK.^[4] During 2008, the value of copper fell dramatically from these peaks.^[5]

As of March 2014 there were an estimated 6.55 billion 2p coins in circulation corresponding to a value of £131 million.^[6]

2p coins are legal tender for amounts only up to the sum of 20p when offered in repayment of a debt; however, the coin's legal tender status is not normally relevant for everyday transactions.

Design[edit]

The original reverse of the coin, designed by Christopher Ironside, and used from 1971 to 2008, is the Badge of the Prince of Wales: a plume of ostrichfeathers within a coronet, above the GermanmottoICH DIEN ("I serve"). The numeral "2" is written below the badge, and either NEW PENCE (1971–1981) or TWO PENCE (from 1982) is written above. However, a small number of 1983 "New Pence" coins exist. These coins are rather rare, and are considered collectors' items.^{[citation needed]} It was originally planned that an alternative version of the 2p would be minted with a design representing Northern Ireland.^[7] These plans never came to fruition, however. The design was also re-cut in 1993 producing two minor varieties for that year.^[8]

To date, five different obverses have been used: four different portraits and the removal of the beaded border in 2008.^[8] In all cases, the inscription is ELIZABETH II D.G.REG.F.D. 2013,^[8] where 2013 is replaced by the year of minting. In the original design both sides of the coin are encircled by 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,^[2] in which the Queen wears the 'Girls of Great Britain and Ireland' Tiara.

Between 1985 and 1997 the portrait by Raphael Maklouf was used,^[2] 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,^[2] again featuring the tiara, with a signature-mark IRB below the portrait.

As of June 2015, coins bearing the portrait by Jody Clark have been seen in circulation.

In August 2005 the Royal Mint launched a competition to find new reverse designs for all circulating coins apart from the £2 coin.^[9] The winner, announced in April 2008, was Matthew Dent, whose designs were gradually introduced into the circulating British coinage from mid-2008.^[10] The designs for the 1p, 2p, 5p, 10p, 20p and 50p coins depict sections of the Royal Shield that form the whole shield when placed together. The shield in its entirety was featured on the now-obsolete round £1 coin. The 2p coin depicts the second quarter of the shield, showing the Lion Rampant from the Royal Banner of Scotland, with the words TWO PENCE above. The coin's obverse remains largely unchanged, but the beading (the ring of dots around the coin's circumference), which no longer features on the coin's reverse, has also been removed from the obverse.

Status as legal tender[edit]

2p coins are legal tender for amounts up to and including 20 pence.^[11]^[12] However, in the UK, "legal tender" has a very specific and narrow meaning which relates only to the repayment of debt to a creditor, not to everyday shopping or other transactions.^[13] Specifically, coins of particular denominations are said to be "legal tender" when a creditor must by law accept them in redemption of a debt.^[14] The term does not mean - as is often thought - that a shopkeeper has to accept a particular type of currency in payment.^[13] A shopkeeper is under no obligation to accept any specific type of payment, whether legal tender or not; conversely they have the discretion to accept any payment type they wish.^[12]

Mintages[edit]

Machin portrait
Bronze composition 1971 ~ 1,454,856,250 1972–1974 ~ None (in sets only) 1975 ~ 145,545,000 1976 ~ 181,379,000 1977 ~ 109,281,000 1978 ~ 189,658,000 1979 ~ 260,200,000 1980 ~ 408,527,000 1981 ~ 353,191,000 1982–1984 ~ None (in sets only)

Maklouf portrait
1985 ~ 107,113,000 1986 ~ 168,967,500 1987 ~ 218,100,750 1988 ~ 419,889,000 1989 ~ 359,226,000 1990 ~ 204,499,700 1991 ~ 86,625,250 composition changed to copper-plated steel 1992 ~ 102,247,000 1993 ~ 235,674,000 1994 ~ 531,628,000 1995 ~ 124,482,000 1996 ~ 296,278,000 1997 ~ 496,116,000

Rank-Broadley portrait
1998 ~ 213,830,000 (98,676,000 of them are made of bronze) 1999 ~ 353,816,000 2000 ~ 563,659,000 2001 ~ 551,880,000 2002 ~ 168,556,000 2003 ~ 260,225,000 2004 ~ 356,396,000 2005 ~ 280,396,000 2006 ~ 170,637,000 2007 ~ 254,500,000 2008 ~ 10,600,000 New Matthew Dent Design 2008 ~ 241,679,000 2009 ~ 150,500,500 2010 ~ 99,600,000 2011 ~ 144,300,000^[15] 2012 ~ 67,800,000 2013 ~ 40,600,000 2014 ~ 247,600,020 2015 ~ 85,900,000

Rank-Broadley portrait

1998 ~ 213,830,000 (98,676,000 of them are made of bronze)
1999 ~ 353,816,000
2000 ~ 563,659,000
2001 ~ 551,880,000
2002 ~ 168,556,000
2003 ~ 260,225,000
2004 ~ 356,396,000
2005 ~ 280,396,000
2006 ~ 170,637,000
2007 ~ 254,500,000
2008 ~ 10,600,000

New Matthew Dent Design

2008 ~ 241,679,000
2009 ~ 150,500,500
2010 ~ 99,600,000
2011 ~ 144,300,000^[15]
2012 ~ 67,800,000
2013 ~ 40,600,000
2014 ~ 247,600,020
2015 ~ 85,900,000

Clark portrait
2015 ~ 139,200,000 2016 ~ 185,600,000 2017 ~ 16,600,000 2018 ~ 0 (zero) 2019 ~ 0 (zero)

References[edit]

^Bignell, C P. "Post decimalisation". Retrieved 2006-05-23.
^ ^a^b^c^d"1p Coin". British Royal Mint. Archived from the original on 2006-04-27. Retrieved 2006-05-23.
^ ^a^b"Your small fortune: 2p coins that could be worth 3p each", Telegraph, 12 May 2006
^"Mint warns against melting coins", BBC News, 12 May 2006
^London Metal Exchange copper price graphsArchived 2008-11-07 at the Wayback Machine
^"Mintage Figures". Royal Mint. Retrieved 28 December 2015.
^"50 New Penny Piece", Hansard, 20 December 1968
^ ^a^b^cClayton, Tony. "Decimal Coins of the UK – Two Pence". Retrieved 2015-01-18.
^"Royal Mint seeks new coin designs", BBC News, 17 August 2005
^"Royal Mint unveils new UK coins"Archived 2008-09-07 at the Wayback Machine, 2 April 2008
^"Coinage Act: Section 2", legislation.gov.uk, The National Archives, 1971 c. 24 (s. 2)
^ ^a^b"What are the legal tender amounts acceptable for UK coins?". The Royal Mint. Retrieved 9 April 2020.
^ ^a^b"What is legal tender?". Bank of England. Retrieved 2019-05-05.
^"Legal tender". Collins. Retrieved 9 April 2020.
^[https://www.royalmint.com/currency/uk-currency/mintages/2-pence/ "Royal Mint Mintages"]

External links[edit]

Источник: https://en.wikipedia.org/wiki/Two_pence_(British_decimal_coin)

Category: Tiendas Virtuales