Tanners and bobs, ha’pennies and threepenny bits
Issue 454 | 15 February 2023
The day Britain went Decimal
Prior to 1971, there were 12 pennies to the shilling and 20 shillings to the pound. There were guineas, half crowns, threepenny bits, sixpences and florins. This old system of currency, known as pounds, shillings and pence or lsd, dated back to Roman times when a pound of silver was divided into 240 pence, or denarius, which …
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