when did old 10p go out of circulation
January 2013
title: Coins of the pound sterling text: the decimal coinage with values of p, 5p and 10p respectively, were finally withdrawn in 1980, 1990 and 1993 respectively. However, the double florin and crown with values of 20p and 25p respectively have not been withdrawn. In the 1990s, the Royal Mint reduced the sizes of the 5p, 10p, and 50p coins. As a consequence, the oldest 5p coins in circulation date from 1990, the oldest 10p coins from 1992 and the oldest 50p coins come from 1997. Since 1997, many special commemorative designs of 50p have been issued. Some of these are found fairly frequently in circulation and title: Decimal Day text: and 10p coin equivalents, co-existed in circulation as valid currency until the early 1990s. In theory this included coins dating back to 1816; in practice the oldest were dated 1947, when these coins stopped containing silver. The coins were withdrawn when smaller 5p and 10p coins were introduced in 1990 and 1992 respectively. The face value of Maundy money coins was maintained, increasing all their face values by a factor of 2.4, as the coins continued to be legal tender as new pence. The numismatic value of each coin, though, greatly exceeds face value. The decimal halfpenny (p), introduced in title: Decimal Day text: 1971, remained in circulation until 1984, by which time its value had been greatly reduced by inflation. It was not struck, except for collectors' sets, after 1983 (those dated 1984 were struck only as proofs or in Uncirculated Mint Sets) and was demonetised on 31 December 1984. The 50p piece was reduced in size in 1997, following the reduction in size of the 5p in 1990 and the 10p in 1992 (the large versions of each of the three are now demonetised). The 1p and 2p underwent a compositional change from bronze to plated steel in 1992. However, both coins title: Pound sterling text: the run-up to decimalisation, the halfpenny and half-crown were demonetised in 1969. British coinage timeline: At present, the oldest circulating coins in the UK are the 1p and 2p copper coins introduced in 1971. No other coins from before 1982 are in circulation. Prior to the demonetisation of the larger 10p in 1993, the oldest circulating coins had usually dated from 1947: although older coins (shilling; florin, sixpence to 1980) were still legal tender, inflation meant that their silver content was worth more than their face value, which meant that they tended to be removed from circulation. Before decimalisation in title: Decimal Day text: remain unchanged. Under the new system, the pound was retained but was divided into 100 new pence, denoted by the symbol "p". New coinage was issued alongside the old coins. The 5p and 10p coins were introduced in April 1968 and were the same size, composition, and value as the shilling and two shillings coins in circulation with them. In October 1969 the 50p coin was introduced, with the 10s note withdrawn on 20 November 1970. This reduced the number of new coins that had to be introduced on Decimal Day and meant that the public was already familiar with