THE POUND IN YOUR POCKET FIFTY YEARS AGO
Post-War pound note (signed by Bank of England Governor Peppiatt)
Note supplied by Dave Clegg, Unit 9 the Coliseum, Manchester City Centre.
OLD MONEY NEW MONEY FACTS
- There were twelve pence in a shilling, twenty shillings in a pound
- The old penny was divided into four farthings and two half pennies ("ha'penny")
- One old penny equals 0.4 new pence
- 3d = three pence ("thruppence") = 1.2 new pence
- 6d = sixpence("a tanner") = 2.5 pence in new money
- 1s = one shilling ("a bob") = 5p
- 2s = two shillings ("2 bob") = 10p
- 2/6 = two and six ("half a crown") = 12.5 pence
- 10s = ten shillings = 50p
- 20s = twenty shillings = one pound ("a quid" - still used)
- 21s = one guinea (no longer used)
Decimalisation happened in 1971 and put an end to all this confusion! But the Euro may yet replace the pound before the millenium! Watch this space!
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