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Before Decimal Day in 1971, sterling used the Carolingian monetary system , under which the largest unit was a pound (£), divisible into 20 shillings (s), each worth 12 pence (d), the value of two pre-decimal sixpence coins. Following decimalisation, the old sixpence had a value of 2 + 1 ⁄ 2 new pence (£0.025).
Pre-decimalisation value Post-decimalisation value [1] Dates of use Notes Mite 1 / 24 d £0.0001736 15th century The Flemish groat approximately matched the English penny c 1420-1480 and was divided into 24 mites. The latter was thus extended to mean 1 / 24 penny or 1 / 6 farthing even if not minted in Tudor England. [2 ...
The weight of the English penny was fixed at 22 + 1 ⁄ 2 troy grains (about 1.46 grams) by Offa of Mercia, an 8th-century contemporary of Charlemagne; 240 pennies weighed 5,400 grains or a tower pound (different from the troy pound of 5,760 grains). The silver penny was the only coin minted for 500 years, from c. 780 to 1280.
An old value of 7 pounds, 10 shillings, and sixpence, abbreviated £7-10-6 or £7:10s:6d, became £7.52 1 / 2 p. Amounts with a number of old pence which was not 0 or 6 did not convert into a round number of new pence.
The first postmaster of South Australia was Thomas Gilbert, appointed in 1836. Letters sent or received were charged one penny. [1] The first Post Office Act of 1839 established rates of 3 or 6 pence for letters delivered within the colony. By 1840 there were six post offices. In July 1841 a rate based on weight and distance was implemented.
6d (six pence) known as a "tanner" or half a shilling. 2/– (two shillings, or one florin, colloquially "two-bob bit" or just "two bob") 2/6 (two shillings and six pence, usually said as "two and six" or "a half-crown"; the value could also be spoken as "half a crown", but the coin was always a half-crown)
The British half crown was a denomination of sterling coinage worth 1 ⁄ 8 of one pound, or two shillings and six pence (abbreviated "2/6", familiarly "two and six"), or 30 pre-decimal pence. The half crown was first issued in England in 1549, in the reign of Edward VI , with a value half that of the crown coin .
Three values of the octagonal stamps were introduced to cover higher foreign and registered postal charges on the following dates: 1 Shilling (green) - 11 September 1847, 10d (brown) - 6 November 1848, 6d (mauve/lilac/purple) - 1 March 1854 The 1 shilling was the first British postage stamp to bear a value above 2d. [2]