Numismatics Blog
The Need for Decimalisation in Britain Before 1971, the British currency system, with its shillings, pence, and pounds, was a unique and complex one. Each pound consisted of 20 shillings, with each shilling further divided into 12 pence. This old system, with its cumbersome fractions, was increasingly seen as outdated and impractical, especially in the…
The penny, an iconic figure in British currency, has undergone an astounding journey from the Anglo-Saxon silver pennies to the modern penny we are familiar with today. This article aims to explore this journey, unveiling the fascinating history of the penny, a coin that has stood the test of time. The Birth of the Penny:…