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Author Topic: 50 years since 1971 decimilisation from £ s d  (Read 166 times)
Tony oily bike
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« on: February 14, 2021, 12:22:26 PM »

Nostalgia time as 50 years ago (from Feb 15th 1971), that the British currency went decimal.

Those of certain age will/may remember it (fairly?) well.


Here are a few links

http://www.mankymonkeymotors.co.uk/forum/index.php?topic=16159.0

http://www.mankymonkeymotors.co.uk/forum/index.php?topic=8971.0

https://www.historic-uk.com/HistoryUK/HistoryofBritain/Decimalisation-in-Britain/

https://www.allaboutcoins.co.uk/coin-guides/decimalisation/

https://www.bbc.co.uk/news/business-12346083

https://www.royalmintmuseum.org.uk/decimalisation/


The good thing with the old £sd was that a shilling could be divided to equally pay 12, 6, 4, 3, 2 or 1 persons.
The £ (which had 240 pennies in it) could be divided to equally pay 1, 2, 3, 4, 5, 6, 8, 10, 12, 15, 16, 20, 24, 30, 40, 60, 80, 120 and 240 (that’s 19 times).

Go back in time a little more to when there were half pennies (pronounced ha’penny) there were 480 in a £.
Another step back and there were farthings ( a ‘fourthing’, half a ha’penny) so now we have 960 to the £.
And yet another step back in time (pre 1870), there was the half-farthing, 1920 of these little blighters to the £.

Today’s decimal £ can only be divided by 1, 2, 4, 5, 10, 20, 25 and 50 (which is only 8 times)

Info on why the £ is called a Pound  https://en.wikipedia.org/wiki/Pound_sign


So endeth today’s lesson.............................   
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the coppersmith
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« Reply #1 on: February 15, 2021, 06:58:30 PM »

I had a ready reckoner for working out my piece work. All pounds shillings and pence, or LSD 😱
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