"10 Pence"
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Owner:
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KN77
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Released:
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Wednesday, December 31, 2014
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Origin:
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Arizona, United States
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Recently Spotted:
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In Rule of 3
This is not collectible.
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The British decimal ten pence (10p) coin – often pronounced ten pee – is a unit of currency equalling ten one-hundredths of a pound sterling. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction in 1968, replacing the two shilling coin in preparation for decimalisation in 1971.
Five pence and ten pence coins are legal tender only up to the sum of £5; this means that it is permissible to refuse payment of sums greater than this amount in 5p and 10p coins in order to settle a debt.
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 previous cupro-nickel coins from circulation with replacement by the nickel-plated steel versions.
As of March 2013 there were an estimated 1,598 million 10p coins in circulation with an estimated face value of £159.797 million.
The original reverse of the coin, designed by Christopher Ironside, and used from 1968 to 2008, is a crowned lion (formally, Part of the crest of England, a lion passant guardant royally crowned), with the numeral "10" below the lion, and either NEW PENCE (1968–1981) or TEN PENCE (1982–2008) above the lion.
As with all new decimal currency, until 1984 the portrait of Queen Elizabeth II by Arnold Machin appeared on the obverse,[6] in which the Queen wears the 'Girls of Great Britain and Ireland' Tiara.
In 1992 the 10p coin was reduced in size and the older coins were removed from circulation.
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