The two pence coin is currently the second lowest circulating denomination of the British (decimal) Pound Sterling, after the half penny was demonetised in 1984. It was one of three new coins introduced into general circulation on the 15 February 1971 when the United Kingdom adopted a new decimal currency system. The other two new coins were the 1/2p and 1p coins (5p, 10p and 50p had been introduced earlier).
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