What is Coin 20 Pence?
If you’re a resident of the United Kingdom, you’re likely familiar with the coin 20 pence. But for those who are not, the 20 pence coin is worth 1/5 of a pound sterling and is part of the decimal currency system introduced in the UK in 1971. Although the 20 pence coin is not as widely used as the 1 pound or 2 pound coins, it’s still an essential part of the UK currency system.
History of 20 pence coin
The 20 pence coin was first introduced in 1982, replacing the old 20 pence banknotes. The coin’s design features the portrait of Queen Elizabeth II on the obverse side and a crowned Tudor rose on the reverse side, a symbol used to represent England since the 15th century.
The original 20 pence coin had smooth edges and was made of cupronickel, a combination of copper and nickel. In 2008, the Royal Mint introduced a new version of the coin with milled edges, which made it easier for the visually impaired to differentiate it from other coins.
In addition to the standard 20 pence coin, there have been several commemorative versions of the coin produced over the years. These special editions feature unique designs and are often released to honor significant events or people in British history.
Design of 20 pence coin
The current design of the 20 pence coin features the same portrait of Queen Elizabeth II as the one used on all UK coins and banknotes. The reverse side of the coin features a design by William Gardner, which depicts a segment of the Royal Shield, which is also used on the 1p, 2p, 5p, 10p, and 50p coins. The segment of the shield on the 20 pence coin features the lions passant from the coat of arms of England.
The 20 pence coin has a diameter of 21.4mm and a thickness of 1.7mm. It’s also slightly smaller and lighter than the 2 pound and 1 pound coins, making it easy to carry around in a pocket or purse.
In the next section, we’ll discuss the value of the 20 pence coin and its purchasing power in the UK.
Design of 20 pence coin
The design of the 20 pence coin has remained relatively consistent since its introduction in 1982. The obverse side of the coin features the fifth and current portrait of Queen Elizabeth II, designed by Jody Clark. The portrait shows the Queen wearing a royal diamond diadem, which is often seen in official portraits of the monarch.
On the reverse side of the coin, the design features a segment of the Royal Shield. The Royal Shield is divided into four parts, each containing a different symbol that represents the four countries of the United Kingdom. The segment on the 20 pence coin contains the three lions passant, which are featured on the coat of arms of England.
The edges of the 20 pence coin are milled, which means they have small ridges around the circumference of the coin. This design helps to prevent counterfeiting and makes it easier for the visually impaired to identify the coin.
Value of 20 pence coin
Although the 20 pence coin is not the most valuable coin in circulation in the UK, it still has significant purchasing power. As of August 2021, the value of the 20 pence coin is approximately 27 cents in US currency.
Compared to other coins in circulation, the 20 pence coin is worth more than the 10 pence and 5 pence coins but less than the 50 pence, 1 pound, and 2 pound coins. However, the 20 pence coin is often used in combination with other coins to make up larger amounts, such as when paying for a parking meter or vending machine.
In addition to its value as a means of payment, the 20 pence coin can also be a valuable collectible item. Some rare or commemorative versions of the coin have sold for significantly more than their face value, making them a worthwhile investment for coin collectors.
Collectibility of 20 pence coin
While the 20 pence coin is not as sought after by collectors as some of the rarer coins in circulation, there are still some enthusiasts who collect them. The value of a 20 pence coin as a collectible item is generally determined by its rarity, condition, and historical significance.
One of the most valuable 20 pence coins is the 2008 undated coin, which was accidentally minted without a date stamp. Only a few thousand of these coins were produced, making them highly sought after by collectors. Other rare versions of the 20 pence coin include those with errors or special designs, such as the 2014 coin featuring a depiction of the Kew Gardens pagoda.
To determine the value of a 20 pence coin, collectors typically look at its grade, which is a measure of its condition. Coins that are in excellent condition and free of scratches or other damage are worth more than those that are worn or damaged. The rarity of the coin also plays a significant role in determining its value, as do the current market conditions for collectible coins.
Conclusion
In conclusion, the 20 pence coin is an important part of the UK currency system, even though it may not be as widely used as other denominations. Its design is unique, and it has a rich history that dates back to its introduction in 1982. While the value of the coin as a collectible item may vary, its significance in society is undeniable.
Whether you’re a collector or simply someone who uses the 20 pence coin in your day-to-day transactions, it’s worth taking a closer look at this small but mighty coin. And for the latest news and trends in the world of coins and currency, be sure to check out Rich News, your go-to source for breaking crypto news and updates.
