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No. 1 Croydon (formerly the NLA Tower, and colloquially the 50p Building, the Weddingcake or the Threepenny bit building) [1] is a tall building at 12–16 Addiscombe Road, Croydon, Greater London, next to East Croydon station. It was designed by Richard Seifert & Partners and completed in 1970. It has 24 storeys and is 269 feet (82 m) high.
No. 1 Croydon was known for many years as the "threepenny bit building" for its resemblance to a stack of threepenny coins. After the coins were phased out (beginning in 1970) the building eventually gained a new nickname, the "50p building".
The threepence [1] or threepenny bit [2] was a denomination of currency used by various jurisdictions in England, Ireland, Scotland and Wales, valued at 1/80 of a pound or 1 ⁄ 4 of a shilling until decimalisation of the pound sterling and Irish pound in 1971. It was also used in some parts of the British Empire (later known as the ...
The brass threepence, or "threepenny bit", was a twelve-sided British coin equivalent to 1 ⁄ 80 of a pound. Struck between 1937 and 1967, with a final issue for collectors dated 1970, it was the first British coin that was not round.
A rare 17th Century coin sold at auction for a record-breaking $2.52 million eight years after it was found in an old cabinet.
The tower was originally nicknamed the Threepenny bit building, as it resembles a stack of pre-decimalisation Threepence coins, which were 12-sided. It is now most commonly called The Octagon, being 8-sided. Lunar House is another high-rise building.
The threepence coin was made in 1652 in Boston, mere weeks after the first mint was set up in the colony, according to a statement from Stack’s Bowers Galleries, the auction house behind the sale.
$ 1 ⁄ 8 or 1 silver real was 1 "bit". [1] [2] With the adoption of the decimal U.S. currency in 1794, there was no longer a U.S. coin worth $ 1 ⁄ 8, but "two bits" remained in the language with the meaning of $ 1 ⁄ 4. Because there was no 1-bit coin, a dime (10¢) was sometimes called a short bit and 15¢ a long bit.