What are 2p coins made of
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The Royal Mint’s Director of Commemorative Coin joins Accountability Board
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The United Kingdom 2p coin was introduced on the 15 February 1971 with the introduction of a new decimal currency system. The other two coins issued at
this time were the 1/2p and 1p coins.
To avoid confusion between the old and new coinage all three coins had the word 'NEW' incorporated into the reverse design. This was subsequently removed in 1982.
The first copper-plated steel 2p coins were struck in 1992. The reason for this change was the increase in the price of metals on the world markets. The coins have a mild steel core and are electroplated with copper - consequently they are magnetic.
The 2p coin is legal tender for amounts up to 20p.
*Mintage figure based on UK decimal coins issued into general circulation during from 01/04/13 to 31/03/14
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