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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.
In addition to the circulating coinage, the UK also mints commemorative decimal coins in the denomination of five pounds, ceremonial Maundy money in the denomination of 1, 2, 3 and 4 pence in sterling (.925) silver and bullion coinage of gold sovereigns, half sovereigns, and gold and silver Britannia coins are also produced. Some territories ...
The British fourpence coin, sometimes known as a groat, "joey" or fourpenny bit, is a silver coin worth 1 ⁄ 60 of one pound or 1 ⁄ 3 of one shilling.It is a continuation of the English groat series struck intermittently from the late 13th century until the Acts of Union in 1707.
Since the pound sterling or 240 pence was based from the 12th century on a Tower Pound or 5,400 grains (350 g) of sterling or 0.925 fine silver, the English groat or fourpence therefore contained 90 grains (5.8 g) of sterling silver.
For silver crowns, the grade of silver adhered to the long-standing standard (established in the 12th century by Henry II) – the Sterling Silver standard of 92.5% silver and 7.5% copper. This was a harder-wearing alloy, yet it was still a rather high grade of silver.
New silver coinage was to be of .925 standard, with silver coins to be minted at 66 shillings to the pound weight. [5] Hence, newly minted sixpences weighed 1 ⁄ 11 troy ounce, equivalent to 43.636 grains or 2.828 grams. The Royal Mint debased the silver coinage in 1920 from 92.5% silver to 50% silver. [6]
Boxing Day, which is a public holiday in the UK, falls the day after Christmas and has a rich cultural history in Great Britain. Originating in the mid-1600s, the day was traditionally a day off ...
Silver Glen: Silver Alva: Clackmannanshire: The Woodland Trust: 18th century The richest deposit of native silver ever found in the British Isles Clogau: Gold Bontddu: Gwynedd: Midas Exploration: 1862–1998
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