The 1971 Elizabeth II New Penny: A Coin of Transition and Value


The 1971 Elizabeth II New Penny holds a special place in British numismatics as it represents a crucial turning point in the nation's currency history. Prior to 1971, the United Kingdom's monetary system was based on pounds, shillings, and pence, which dated back to Roman times. The introduction of the New Penny in 1971 marked a radical shift toward decimalization. In this article, we will delve into the historical background, design features, technical specifications, and current value of this coin.

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