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A 2002 two-pound coin featured the flag of Northern Ireland to mark the 2002 Commonwealth Games. [1] These coins are not unique to Northern Ireland and circulate through the entire United Kingdom and other sterling area countries. The Giant's Causeway appeared on two five-pound coins in 2012; these are commemorative coins and are rarely circulated.
The issuing of banknotes in Northern Ireland is regulated by the Currency and Bank Notes Act 1928, the Coinage Act 1971, Banknotes (Ireland) Act 1864 (c. 78), Banknotes (Ireland) Act 1920 (c. 24), Bankers (Ireland) Act 1845, Bankers (Northern Ireland) Act 1928 (c. 15), among others.
Prior to decimalisation in 1971, there were 12 pence (written as 12d) in a shilling (written as 1s or 1/-) and 20 shillings in a pound, written as £1 (occasionally "L" was used instead of the pound sign, £). There were therefore 240 pence in a pound. For example, 2 pounds 14 shillings and 5 pence could have been written as £2 14s 5d or £2/14/5
The coin was released on 15 June 1998 (coins minted 1997) after a review of the United Kingdom's coinage decided that a general-circulation £2 coin was needed. [1] The new bi-metallic coin design replaced a series of commemorative, uni-metallic coins which were issued between 1986 and 1996 to celebrate special occasions.
Your old coins aren't the only items that could make you rich now -- Find out what your old baseball cards could be worth: Related Articles. AOL.
These are pound sterling notes and equal in value to Bank of England notes, and should not be confused with banknotes of the former Irish pound. The Bank of Ireland does not issue banknotes in the territory of the Republic of Ireland ; until the Republic joined the euro in 1999, the only note-issuing bank there was the Central Bank of Ireland .