Britain's First Decimal Coins

Description

Britain's First Decimal Coins
The five coins which it includes are the Half penny, one pence, two pence, 5 pence and the ten pence. The day the United Kingdom changed to decimal currency was called Decimal Day and was on Monday 15th February 1971 and was nicknamed D-Day. These coins include designs which were made by Christopher Ironside who won the competition to have his designs on the new decimal coins.
Inside the booklet includes a list of information about how and when the new coins will be introduced into circulation and what the new system means with 100 pennies making up the new pound. Although the new coins were released from 1968 onwards the planning of the decimal coins started in 1961 when a special committee was set up by the Government to think about whether Britain should introduce a decimal currency. The committee decided in favor of decimalization. So, on 1 March 1966 the Chancellor of the Exchequer, James Callaghan, announced that pounds, shilling and pence would be replaced by a decimal currency, with a hundred units in a pound.