The British currency in 1960 was Pounds, Shillings and Pence. There were 12 Pennies in a Shilling and 20 Shillings in a Pound.
The first stage of the conversion to decimal currency commenced in 1968 with the introduction of the 5 and 10 New Pence coins, with the 50 New Pence coin introduced in 1969.
The official date of the changeover was the 15th of February, 1971, when the remainder of the coins were introduced. There were 100 New Pence in a Pound.
Silver and gold
The British have never used the cent as a part of their coinage.
There was no 1960 British 5 coin set issued.
16 August 1960 was when the British Empire finally granted Cyprus independence.
The term "sterling silver" actually comes from the "pound sterling," the unit of British currency. British silver coinage was for hundreds of years (excepting various bouts of debasing over the years) 92.5% pure. Thus, "sterling silver," which is 92.5% pure, merely refers to silver which is as pure as the pound sterling. As a historical note, the purity of silver in British coinage was reduced in 1920 to 50% silver, and in 1947, silver was replaced with a cupro-nickel alloy in British "silver" coinage.
British Somaliland ended in 1960.
No. All British predecimal coinage is no longer Legal Tender. The 1965 British Crown is probably worth more as a collectible coin.
If you refer to Sovereign coinage, all British Sovereign coinage is minted in 22 carat gold. The Sovereign weighs 7.988052 grams, and contains 7.322881 grams of gold. The Half-Sovereign weighs 3.99 grams, and contains 3.6575 grams of gold.
British Aircraft Corporation was created in 1960.
British Journal of Aesthetics was created in 1960.
British Motorcyclists Federation was created in 1960.
British Society of Aesthetics was created in 1960.