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U.K. CURRENCY PRIOR TO DECIMALISATION
POUNDS, SHILLINGS AND PENCE
In one of the pages on Cockney rhyming slang there is mention of various pre-decimal coins e.g. "thrupney bit" and "two bob bit". Anyone born after 1970 is unlikely to know anything about this type of currency so this, together with an email from Diana Tranter (a site visitor) meant "I felt a new page coming on!".
Diana says -
"A 'thrupney bit' was a threepenny 'bit' (pronounced ‘thra’pny’) which was worth 3 (old) pennies when there was 12 pennies in one shilling (1/-d). The 3d bit was a coin shaped like a 20p piece but the 3d bit was a yellow bronze colour and much thicker in diameter and heavier than the 20p of today. Before the yellow bronze 3d bit, there was a silver 3d bit which was much smaller than our 1p of today and also much lighter in weight.
A 'tupney' bit....there never was a two penny coin in £.s.d.. There was a copper Farthing (1/4d) about the size of our 1p of today. The Farthing was worth a quarter of one (old) penny - 1d), there was a copper half penny coin (commonly called ha'pny - 1/2d) about the size of our 5p coin of today - and there was a one penny coin which was a large copper coin about the size of our £2 coin of today, but the 1d copper coin was not as thick in diameter. There was no two penny coin…."
Having read that I thought it may be of interest to see the old coins she mentions so have scanned those in my possession which you can see below; as you can see I wasn't well off enough at the time to keep any of the notes -
Before decimalisation (February 15th 1971) the currency in the UK was as follows:-
12 pennies (d) = 1 shilling
20 shillings - 1 pound
After decimalisation this was changed to 100 pence = 1 pound
5 new pence = 1 shilling
10 new pence = 2 shillings
N.B. 'd' = an old penny and 'p' = a new penny
Some interesting facts sent in by Andrew Lister
Reading about pre-decimalisation UK coinage, and looking at the scanned photos which appears slightly larger than life on my screen, I was reminded that the ha'penny was exactly 1 inch in diameter. Also just like today's 5 and 10 p pieces, or the 1 and 2 pence pieces, the weights of the farthing, ha'penny and penny were in proportion to their value, as were the sixpence, shilling and florin (and just possibly the half-crown, too).
i.e. 2 halfpennies weighed the same as 1 penny: 4 farthings weighed the same as 1 penny: 2 farthings weighed the same as 1 halfpenny: 2 sixpenses weighed the same as 1 shilling; 2 shilling pieces weighed the same as a florin and a florin and 1 sixpence weighed the same as a half-crown etc.
General observations from Diana -
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