One penny and two pence coins are officially permitted tender only up to the sum of 20p; these means that it is possible to refuse payment of sums greater than this in one and two pence coins in order to settle a debt.
Sunday, December 23, 2007
Between 1985 and 1997 of Penny coin
Sunday, December 16, 2007
British One Penny coin
The reverse of the coin, planned by Christopher Ironside, is a crowned portcullis with chains (an adaptation of the Badge of Henry VII which is now the Badge of the Palace of Westminster), with the numeral "1" written below the portcullis, and either NEW PENNY (1971–1981) or ONE PENNY (1982–present) above the portcullis.
During the times gone by of the coin, three dissimilar obverses have been used so far. Between 1971 and 1984 the leader of Queen Elizabeth II by Arnold Machin was used, in which the Queen wears the 'Girls of Great
Tuesday, December 11, 2007
The Irish pound coin sketch
Sunday, November 25, 2007
Irish pound coin
The "Broighter Boat" issue for 2000.The Irish pound coin, which was introduced in 1990, residue the largest Irish coin introduced since decimalisation at 3.11 centimetres diameter and was 10 grams weight. The coin was nearly identical in dimensions to the old penny coin that circulated before 1971, and was quite similar in diameter to, but thinner, than the half-crown coin.
During the early movement of the coin, many payphone and vending machines which had been changed to accept the pound coin also accepted the old penny because of the similar size, the latter coin which was no longer legal gentle and had little value to collectors. As a result losses accrued to vending machine operators due to the substitution of the penny coin and further costs were associated with updating the machines so they would no longer accept the penny.
Sunday, November 18, 2007
British coinage
The earliest pound coin was introduced in 1983 to replace the Bank of England £1 banknote which was discontinued in 1984 (although the Scottish banks continued producing them for some time afterwards. The last of them, the Royal Bank of