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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.
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 ...
Prior to decimalisation in 1971, there were 12 pence (written as 12d) in a shilling (written as 1s or 1/-) and 20 shillings in a pound, written as £1 (occasionally "L" was used instead of the pound sign, £). There were therefore 240 pence in a pound. For example, 2 pounds 14 shillings and 5 pence could have been written as £2 14s 5d or £2/14/5
A shilling was worth twelve pence, [1] [2] and there were 20 shillings to the pound sterling. [3] The English shilling was introduced in the 16th century and remained in circulation until it became the British shilling as the result of the Union of England and Scotland to form the Kingdom of Great Britain in 1707. [3]
The value of the guinea had fluctuated over the years from 20 to 30 shillings and back down to 21 shillings and sixpence by the start of George's reign. In 1717, Great Britain adopted the gold standard , at a rate of one guinea to 129.438 grains (8.38 g, 0.30 oz) of crown gold , which was 22 carat gold, [ 10 ] [ 11 ] and a royal proclamation in ...
The New Zealand shilling was first issued in 1933 ... eventually making up 30–40% of all coinage in circulation by early 1933. ... as harder blows led to much ...
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.
From 1927 to 1939, the word "CROWN" appears, and from 1951 to 1960 this was changed to "FIVE SHILLINGS". Coins minted since 1818 remain legal tender with a face value of 25 pence. Although all "normal" issues since 1951 have been composed of cupro-nickel, special proof versions have been produced for sale to collectors, and as gift items, in ...