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A 1933 UK shilling 1956 Elizabeth II UK shilling showing English and Scottish reverses. The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 1960s ...
The British shilling, abbreviated "1s" or "1/-", was a unit of currency and a denomination of sterling coinage worth 1 ⁄ 20 of one pound, or twelve pence.It was first minted in the reign of Henry VII as the testoon, and became known as the shilling, from the Old English scilling, [1] sometime in the mid-16th century.
Florin or two shillings: 2/-£0.1: 1848–1970, circulated from 1971 to 1993 with a value of ten decimal pence. Not to be confused with the gold medieval florin. [coins 2] Half crown: 2/6: £0.125: 1526–1969. Sometimes known as "half a dollar" (see Crown below). Half florin or leopard: 3/-£0.15: 1344 Gold; extremely rare. [coins 2] Half ...
Others, such as mark and dollar, would be more associated with various foreign currencies by contemporary Scots. Some British coins later had explicitly Scottish reverses: for example the shilling appeared with either English or Scottish royal arms as reverses from 1937 to 1970, while its replacement the 5p coin had a crowned thistle from 1971 ...
In about 675 the gold shilling was superseded by the silver penning, or penny, amongst the Anglo-Saxons, and this would remain the principal English monetary denomination until the mid-14th century, during the Late Medieval period. Early silver pennies were typically decorated with geometric or pictorial designs, occasionally having the name of ...
Carolingian denarius (Denier) The Carolingian monetary system, also called the Carolingian coinage system [1] or just the Carolingian system, [2] was a currency structure introduced by Charlemagne in the late 8th century as part of a major reform, the effects of which subsequently dominated much of Europe, including Britain, for centuries.
The English shilling was a silver coin of the Kingdom of England, when first introduced known as the testoon. A shilling was worth twelve pence , [ 1 ] [ 2 ] and there were 20 shillings to the pound sterling . [ 3 ]
According to 19th century sources, it was initially equivalent to 100 pence, but after the Norman Conquest (1066), it was worth 160 pence (13 shillings and 4 pence), two-thirds of a pound sterling. [4] [5] [6] In Scotland, the merk Scots was a silver coin, issued first in 1570 and afterwards in 1663.