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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. It circulated until 1990.
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]
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 ...
Potential worth: $4.1 million. Known as the “King of Coins,” the 1804 silver dollar Class 1 can, according to Urban Aunty, be valued at as much as $4.1 million. 3. 1913 Liberty Head Nickel.
Indeed, while pre-decimalisation shillings were used as 5p coins, for a while after decimalisation many people continued to call the new 5p coin a shilling, since it remained 1 ⁄ 20 of a pound, but was now counted as 5p (five new pence) instead of 12d (twelve old pennies).
The British pound sterling was confirmed as legal tender in 1858, [1] but had in effect been the sole circulating currency since 1847. [2] Australia began issuing its own coinage in 1910, including the Australian shilling. Widespread circulation of the Australian silver coinage in New Zealand began in 1930, when Australia devalued the ...
The shilling (1s) (Irish: scilling) coin was a subdivision of the pre-decimal Irish pound, worth 1 ⁄ 20 of a pound. Worth 12d or half of a Florin . The original minting of the coin from 1928 until 1942 contained 75% silver ; this Irish coin had a higher content than the equivalent British coin .
1652 pine tree shilling. The pine tree shilling was a type of coin minted and circulated throughout the Thirteen Colonies. In 1652, the Massachusetts Bay Colony authorized Boston silversmiths John Hull and Robert Sanderson to mint coinage. [1] Prior to 1652, the Massachusetts financial system was based on bartering and foreign coinage.