1962 Penny

NEW MISSION :

To get to Adelaide, South Australia by Easter 2016 but keep moving visiting as many caches aND countries as possible.

It had got back from Australia so first mission was completed

FIRST MISSION :

To move from cache to cache round the world heading back to GC2FT09  #06- Devizes Canal in the UK.

I found some old pre-decimal currency coins ............ decided to send them travelling. This is one of 9 coin TBs set going on our trip to Australia in 2014.

Some explanation of old English currency just before Decimalisation Day on 15 February 1971.

Pre-decimal                              Decimal

Common name       Amount

Farthing                  ¼d                 ⁵⁄₄₈p ≈ 0.104p       ceased legal tender in December 1960

Halfpenny               ½d                 ⁵⁄₂₄p ≈ 0.208p        'appence    New 1/2 pence phased out in December 1981.

                                                                                3 half pennies also called threeappence [a foot …....’  (qv)]

Penny                     1d              ⁵⁄₁₂p ≈ 0.417p        also referred to as ‘coppers or copper’

                                                                                2d known as a Tuppence

Threepence            3d              1¼p                       Thruppence

Sixpence                 6d              2½p                       Tanner

Shilling                    1/-              5p                           Bob

Florin/Two shillings  2/-              10p                        Two bob

Half crown                2/6             12½p                      price of a pint of 'best' bitter in 1966

Crown                      5/-              25p

Pound                      20/-            100p                       In old currency this was a note - not a coin

                                                                                  Also there was a smaller 10 shilling 10/- note

Guinea                     21/-           105p                         Still used 'virtually' by auctioneers up until quite recently -

                                                                                   perhaps in thoroughbred horse sales it still is !!!

Therefore £1 pound was made up of 240 pennies, 80 thruppences, 40 sixpences(tanners), 20 shillings (bobs), 10 florins, 8 half crowns, 4 crowns or two ten shilling notes.

Can you imagine 8 pints of best bitter beer for £1 in 1966!

Farthings worth 1/4 penny had been withdrawn from circulation on 31st December 1960.

See  http://en.wikipedia.org/wiki/Decimal_Day  and   http://en.wikipedia.org/wiki/Farthing_%28British_coin%29