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It is worth 2 pence. The DG stands for Dei Gratia, Latin for "By the Grace of God", the Reg stands for Regina, the Latin for Queen, FD stands for Fidei Defensor, Latin for "Defender of the Faith". The reason it says "New Pence" is because before decimilization in 1971, Britain used a system involving shillings, pennies, crowns, half-crowns, florins, farthings, etc. and the "New Pence" was there to remind people it was decimal currency because many of the older coins were demonetized.

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13y ago
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13y ago

The 2 New Pence coin is a British coin first issued in 1971 and last issued in 1981. From 1982 onwards, the "NEW" was dropped and the coins were known simply a 2 Pence.

The 2 New Pence and 2 Pence coins are legal tender in amounts up to 20 Pence.

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The British bronze 1 New Penny coin was first issued in 1971 at the introduction of Decimal currency.

The name "1 New Penny" was changed to "1 Penny" in 1982.

All British decimal "1 New Penny" and "1 Penny" coins are still potentially in circulation and are worth 1 Penny.

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Q: What is a DGregfd1971 Elizabeth II new pence 2?
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