The Coinage History of U.K.

Coin Collecting
Money was never been quite so valuable until coin collecting entered the world o
f the hobbyists.
Since its inception, coin collecting has continuously represented the ancient wa
y of preserving the history of the human race. Coin collecting allows people to
protect and conserve their nation s history. Through this kind of activity, coin c
ollectors allow other people to touch and examine the kinds of coins that ancie
nt people used.
In the United Kingdom, coins are considered one of the most precious relics that
the nation has ever produced because most of their coins are considered to be a
true representation of the royalty. For instance, U.K. coin collectors would be
happy to own the 50-cent coins that were manufactured by the Royal Canadian Min
t for the Golden Jubilee of Queen Elizabeth II.
Facts about UK Coin Collecting
Unlike in the U.S., coin collecting in U.K. uses different terms in categorizing
the kinds of coins that are collected. For instance, in the UK coins that were
circulated from 1971 to 1981, the term new pence was used to differentiate them fr
om the so called ancient pre-decimal pennies .
By the year 1982, experts felt the need to change the word new into a more concret
e characteristic that would denote the value of the coin as well. Therefore, the
terms two or thirty were used as well as other terminologies that would indicate th
e coins worth.
After a year, the two pence or the 2p coins were so common that the coin collectors
had very little demand for them so the Royal Mint continued to issue the 2p coins
but only in sets that were exclusively distributed to coin collectors. There are
only 20 2p coins that still bear the new pence wording on the reverse side in circu
lation and new coin collectors who wish to collect these coins will have difficu
lty in finding them.
In line with UK history, the UK coin collecting has undergone many changes.
very first change was the decimalisation of the coins. With the inception
cimal coinage, the English coinage system was established on relationships
ndicate the new value of the ancient coins. For example, the coin that used
e known as 2 halfpence is now converted into 1 penny, while 20 shillings is
l to 1 pound or 1.

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UK coin collecting is, indeed, not just mere realization of a hobby but a concre
te representation of what was transcribed in the history of UK.