The "dots" around the inside of the circumference of the coin are referred to as "beading". Depending on the coin and the country of origin, there may be small bars or small arches or other design features instead of dots.
The are mostly ornamental and also make the coin that little more difficult to counterfeit.
There is currently a trend away from these little embellishments on the latest British Coins.
In fact, most British coins, up to but not including the rather ghastly issue of 2008 onwards had teeth in the border after 1860 rather than beads, sometimes referred to as denticles, with 1953 being an exception to this rule.
It isn't supposed to have dots. Usually dots on coins are made by nicks in the die.
The first coins made in Britain were gold coins struck by the Celts in or around 70 BC. Prior to that, there were imported coins circulating, dating back to about 150 BC.
British coins are different from all other coins because they are British coins. The coins of all countries need to be different so that we can tell them apart. What is legal tender in one country, is not legal tender in another country.
There were 1,710,946 1892 British Halfcrown coins minted.
British coins circulating in or around 1562 included - Gold coins - the Sovereign, Angel, Half Angel, Quarter Angel, Half Pound, Crown and Half Crown. Silver coins - Shilling, Sixpence, Groat (Fourpence), Threepence, Halfgroat, Threehalfpence, Penny and Threefarthings.
D. F. Allen has written: 'Catalogue of the Celtic coins in the British Museum' -- subject(s): Catalogs, British Museum, Celtic Coins 'Bronze Coins of Gaul (Catalogue of Celtic Coins in the British Museum)' 'An introduction to Celtic coins' -- subject(s): Celtic Coins
The woman on the obverse of all British coins and the coins of many British Commonwealth countries from 1953 to present day (2010) is Queen Elizabeth II. It is written around the circumference of all coins bearing her image. Her full name is Elizabeth Alexandra Mary.
It is worth around 100-800 thouand dollars now but you dont see them very often.
The first coins to circulate in Britain date to around 150 BC and were brought from Northern Gaul by the Celts. The coins were made from gold and known as a "Stater". The Celts began minting gold "Stater" and "Quarter Stater" coins around 100 BC and smaller silver and bronze denominations known as a "Unit" and fractional coins in each metal.
Queen Victoria featured on the obverse of all British coins from 1838 to 1901 inclusive. Many countries of the then British Empire, would have used the same British coins, or coins featuring Queen Victoria on the coins of their own currencies.
Such a coins does not exist. All 1901 British coins featured Queen Victoria on the obverse. George V started appearing on British coins in 1911.
British coins of copper appearance, the 1 and 2 Pence coins, are made from copper plated steel. British coins of silver appearance, the cupro-nickel 5, 10 and 50 Pence coins, are made from 75% copper and 25% nickel. British 20 Pence coins, are made from 84% copper and 16% nickel.