2 Pence - George V 1st Maundy issue

Maundy money occupies a peculiar corner of British coinage — struck not for commerce but for an annual royal ceremony in which the sovereign distributes specially made coins to elderly recipients, one penny per year of the monarch's age. George V resumed personal distribution of the Maundy gifts after Edward VII had largely delegated the duty, and these small silver pieces were produced in quantities rarely exceeding a few hundred sets per year. Most never left the hands of their original recipients, which explains why Maundy coins of this period survive in such consistently fine condition despite being nearly a century old.