Fifty Pence (British Coin)
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Fifty Pence (British Coin)
The British decimal fifty pence coin (often shortened to 50p in writing and speech) is a denomination of sterling coinage worth one half of a pound. Its obverse features the profile of the current Monarch since the coin's introduction in 1969. , five different royal portraits have been used. there were an estimated 920 million 50p coins in circulation. The coin has proved popular with coin collectors leading to numerous differing designs for both commemorative and circulating coins. Fifty pence coins are legal tender for amounts up to the sum of £10 when offered in repayment of a debt; however, the coin's legal tender status is not normally relevant for everyday transactions. History In 1967 the Deputy Master of the Royal Mint approached the Decimal Currency Board to ask for their advice on the introduction of a new coin. The 10-shilling note then in use was lasting only five months and it had been suggested that a coin, which could last fifty years, would be more economical ...
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Cupro-nickel
Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimum of 52 percent nickel.) Despite its high copper content, cupronickel is silver in colour. Cupronickel is highly resistant to corrosion by saline water, salt water, and is therefore used for piping, heat exchangers and condensers in seawater systems, as well as for marine hardware. It is sometimes used for the propellers, crankshaft, propeller shafts, and hull (watercraft), hulls of high-quality boats. Other uses include military equipment and chemical, petrochemical, and electrical industries. Another common 20th-century use of cupronickel was silver-coloured coins. For this use, the typical alloy has 3:1 copper to nickel ratio, with very small amounts of manganese. In the past, true silver coins were debasement, debased with cupronicke ...
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Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than ...
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Arnold Machin
Arnold Machin OBE, R.A., FRSS (; 30 September 1911 – 9 March 1999) was a British artist, sculptor, and coin and postage stamp designer. Life Machin was born Stoke-on-Trent in 1911. He started work at the age of 14 as an apprentice china painter at the Minton Pottery. During the Depression he learnt to sculpt at Stoke-on-Trent College of Art, which was opposite the Minton factory. In the 1930s he moved to Derby, where he worked at Royal Crown Derby and met his wife Patricia. He went on to study at the Royal College of Art in London. After imprisonment in the Second World War as a conscientious objector, he returned to modelling and sculpture, and created many notable ceramics which are now prized collectors' items. In 1947 he was elected an associate member of the Royal Academy of Arts, was a Master of Sculpture from 1959 to 1966 and became the longest-serving member of the Academy. He was elected an Academician in 1956 and a Fellow of the Royal British Society of Sculpt ...
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Dei Gratia Regina
(often abbreviated to or , and seen on coins as or ) is a Latin title meaning By the Grace of God, Queen. The male equivalent is meaning By the Grace of God, King. This phrase is circumscribed on the obverse of many British and Canadian coins. The phrase, or some variation of it, has also been used on past coinage issued in Australia, Austria, Cyprus, Spain, and, Sweden. In addition to coinage, the phrase is also used on the obverse side of some medals in the Commonwealth realms. History Australia Australian coins included the phrase or in some form, including abbreviations, until 1964. With the introduction of decimal coinage in 1966, the phrase was formally dropped. Austria Pre-1918 coins of the Austrian Empire that showed the bust of the emperor or empress included the initials , for the Latin . Canada Canadian coins struck during Queen Victoria's reign read . Canadian coins minted from 1902 until 1910 under King Edward VII read or which is Latin for "By the Grace ...
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Twenty Pence (British Coin)
The British decimal twenty pence coin (often shortened to 20p in writing and speech) is a denomination of sterling coinage worth of a pound. Like the 50p coin, it is an equilateral curve heptagon. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 9 June 1982. Four different portraits of the Queen have been used; the latest design by Jody Clark was introduced in 2015. The second and current reverse (as of 2019), featuring a segment of the Royal Shield, was introduced in 2008. As of March 2014 there were an estimated 2,765 million 20p coins in circulation, with an estimated face value of £553.025 million. Of this estimated number, between 50,000 and 200,000 of these coins are undated mule coins minted in 2008 after the dies for the old and new designs were accidentally mixed up during the minting process. Beyond the usual commemorative versions, no 20 pence coins were minted for general circulation in 2017. This was because the con ...
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Curve Of Constant Width
In geometry, a curve of constant width is a simple closed curve in the plane whose width (the distance between parallel supporting lines) is the same in all directions. The shape bounded by a curve of constant width is a body of constant width or an orbiform, the name given to these shapes by Leonhard Euler. Standard examples are the circle and the Reuleaux triangle. These curves can also be constructed using circular arcs centered at crossings of an arrangement of lines, as the involutes of certain curves, or by intersecting circles centered on a partial curve. Every body of constant width is a convex set, its boundary crossed at most twice by any line, and if the line crosses perpendicularly it does so at both crossings, separated by the width. By Barbier's theorem, the body's perimeter is exactly times its width, but its area depends on its shape, with the Reuleaux triangle having the smallest possible area for its width and the circle the largest. Every superset of a ...
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Reuleaux Polygon
In geometry, a Reuleaux polygon is a curve of constant width made up of circular arcs of constant radius. These shapes are named after their prototypical example, the Reuleaux triangle, which in turn, is named after 19th-century German engineer Franz Reuleaux. The Reuleaux triangle can be constructed from an equilateral triangle by connecting each two vertices by a circular arc centered on the third vertex, and Reuleaux polygons can be formed by a similar construction from any regular polygon with an odd number of sides, or from certain irregular polygons. Every curve of constant width can be accurately approximated by Reuleaux polygons. They have been applied in coinage shapes. Construction If P is a convex polygon with an odd number of sides, in which each vertex is equidistant to the two opposite vertices and closer to all other vertices, then replacing each side of P by an arc centered at its opposite vertex produces a Reuleaux polygon. As a special case, this constructi ...
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Half Crown (British Coin)
The British half crown was a denomination of sterling coinage worth of one pound, or two shillings and six pence (abbreviated "2/6", familiarly "two and six"), or 30 (old) pence. The half crown was first issued in 1549, in the reign of Edward VI. No half crowns were issued in the reign of Mary, but from the reign of Elizabeth I half crowns were issued in every reign except that of Edward VIII, until the coins were discontinued in 1970. The half crown was demonetised (ahead of other pre-decimal coins) on 1 January 1970, the year before the United Kingdom adopted decimal currency on Decimal Day. During the English Interregnum of 1649–1660, a republican half crown was issued, bearing the arms of the Commonwealth of England, despite monarchist associations of the coin's name. When Oliver Cromwell was made Lord Protector of England, half crowns were issued bearing his portrait depicting him wearing a laurel wreath in the manner of a Roman Emperor. The half crown did not displ ...
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Ten Pence (British Coin)
The British decimal ten pence coin (often shortened to 10p in writing and speech) is a denomination of sterling coinage worth one-tenth of a pound. Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction in 1968, to replace the florin (two shilling) coin in preparation for decimalisation in 1971. It remained the same size as the florin coin (which also remained legal tender) until a smaller version was introduced 30 September 1992, with the older coins being withdrawn on 30 June 1993. Four different portraits of the Queen have been used on the coin; the latest design by Jody Clark was introduced in 2015. The second and current reverse, featuring a segment of the Royal Shield, was introduced in 2008. The ten pence coin was originally minted from cupro-nickel (75% Cu, 25% Ni), but since 2012 it has been minted in nickel-plated steel due to the increasing price of metal. From January 2013 the Royal Mint began a programme to gradually remove the p ...
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Penny (British Pre-decimal Coin)
The British pre-decimal penny was a denomination of sterling coinage worth of one pound or of one shilling. Its symbol was ''d'', from the Roman denarius. It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling. The penny was originally minted in silver, but from the late 18th century it was minted in copper, and then after 1860 in bronze. The plural of "penny" is "pence" when referring to an amount of money, and "pennies" when referring to a number of coins. Thus 8''d'' is eight pence, but "eight pennies" means specifically eight individual penny coins. Before Decimal Day in 1971, sterling used the Carolingian monetary system (£sd), under which the largest unit was a pound (£) divisible into 20 shillings (s), each of 12 pence (d). The penny was withdrawn in 1971 due to decimalisation, and replaced (in effect) by the decimal half new penny, with p being worth 1.2''d''. History The kingdom ...
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Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoenic ...
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Decimal Day
Decimal Day in the United Kingdom and in Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence. Before this date, the British pound sterling (symbol "£") was subdivided into 20 shillings, each of 12 (old) pence, a total of 240 pence. With decimalisation, the pound kept its old value and name, but the shilling was abolished, and the penny was revalued, such that the pound was subdivided into 100 of what were originally called "new pence" ("NP"), and later just pence ("p") when confusion was no longer likely. Each new penny was worth 2.4 old pence (abbreviated "d"). A coin of half a new penny was introduced to maintain the granularity of the old penny, but was dropped in 1984 as inflation reduced its value. An old value of 7 pounds, 10 shillings, and sixpence, typically abbreviated £7/10/6 or became Amounts with a number of old pence which was not 0 or 6 did not convert into a round numbe ...
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