10 Pence Legal Tender

The large 10p style piece has the same dimensions and mass as the predecial Florin piece. Like the two-shilling coin, Cupronickel`s large 10 pence coin was often referred to as the « two-bob bit ». Its design features a crowned lion on the front and a portrait of Queen Elizabeth II on the back. Older versions contain the text « ten new pence », while more modern versions simply read « ten pence ». That`s « all the change » as the Royal Mint announces that the double-decker bus will appear on a new British 10p coin for legal tender. The British ten pence decimal coin (often shortened to 10 pence in oral and written form) is a pound sterling denomination worth one-tenth of a pound. The obverse represents the profile of Queen Elizabeth II since the introduction of the coin in 1968 to replace the Florin coin (two shillings) in preparation for decimalization in 1971. [1] It remained the same size as the Florin coin (which was also legal tender) until a smaller version was introduced on 30 September 1992, with the older coins being withdrawn on 30 June 1993. [2] Four different portraits of the Queen were used on the coin; Jody Clark`s latest design was introduced in 2015. The second and current rear with a segment of the Royal Shield was introduced in 2008. The ten pence coin was originally minted from copper-nickel (75% Cu, 25% Ni), but since 2012 it has been minted in nickel-plated steel due to the rise in the price of the metal. Starting in January 2013, the Royal Mint launched a program to phase out old copper-nickel coins and replace them with nickel-plated steel versions.

[3] The small version of the five-pence coin with Christopher Ironside`s original design was only used during the reign of Queen Elizabeth II. and carried two of his portraits: his third portrait of Raphael Maklouf (1992 – 1997) and his fourth portrait of Ian Rank-Broadley (1998 – 2008). 10p coins are legal tender for amounts up to £5 when offered to repay a debt; However, the legal tender status of the coin is usually not relevant for day-to-day transactions. The Gibraltar pound has been the official currency of Gibraltar since 1934. In 1988, the Government of Gibraltar introduced denomination coins, introducing coins of 1p, 2p, 5p, 10p, 20p and 50p and £1, followed by the £2 coin in 1999 and a new £5 coin in 2010. Although the Bank of England supports banknotes and coins, they are only legal tender in Gibraltar. Unlike the Bank of England, whose coins and notes also circulate in Gibraltar and are generally accepted and interchangeable with Gibraltarian editions. The official currency symbol: £ / p (predecimal). The pre-decimal monetary system consisted of a pound of 20 shillings, or 240 pence. On 30 September 1992, a reduced version of the 10 pence coin was introduced. The older and larger version of the coin was withdrawn from circulation on June 30, 1993. The design remained unchanged.

The front of the 10 pence Gibraltar coin features the portrait of Queen Elizabeth II (Queen of the United Kingdom and 15 other Commonwealth realms) and the date of issue. The reverse of the coin depicts a Berber partridge bird (national bird) and the denomination. This piece is part of the 2014 – 2016 series, its edge is monochrome and its color is silver. 10p coins are legal tender for amounts up to £5. [11] [12] However, in the United Kingdom, the term « legal tender » has a very specific and narrow meaning, which refers only to the repayment of debts owed to a creditor, and not to daily purchases or other transactions. [13] In particular, the coins in some denominations are said to be « legal tender » when a creditor is required by law to accept them in order to repay a debt. [14] The term does not mean – as is often assumed – that a merchant must accept a certain payment method. [13] A merchant is not obliged to accept a particular type of payment, whether it is legal tender or not; Conversely, they have the discretion to accept any payment method they want. [12] The 1. In March 2018, the Royal Mint unveiled a series of twenty-six « typically British » 10p coins, each containing a letter of the alphabet representing a British theme. All coins were to circulate freely and originally a total of 2.6 million were produced. They were also available as cash for £35.00 each, which is an astonishing amount of £910.00 for anyone who wants to buy them all.

In 2019, they decided to hit the same coins of the alphabet with a date « 2019 », so technically there are two of each letter. The new coins, which will surely be very popular with collectors, use the letters of the alphabet to represent the quintessence of Britain from A to Z. Other highlights among the new 10p coins are: 2019 – letters A to P: 84,000, Q: 83,000, R: 64,000, letters S to V: 84,000, W: 63,000, X: 84,000, Y: 63,000, Z: 63,000. Unlike the Florin, the half-crowns did not survive decimalization and were demonetized from December 31, 1969. Collectability / Rarity: 2, for all 10p alphabetic pieces from 2018. For 2019 coins, it`s still too early to tell – the numbers are relatively low, but is there really as much demand for the 10ps that have attracted little attention and don`t seem to have captured as much performance in the same way as the 2011 Olympic 50p series?.