A penny farthing in fair to good condition, can be worth between £800 to £1500.
A 1944 farthing* in average condition sells for less than a dollar. (*) Note : A "penny farthing" is a type of bicycle. A farthing is 1/4 of a penny, so the terms do not go together (e.g. you would not say "a dime quarter")
Half a farthing.
A Penny Farthing was a 19th Century bicycle invented in 1871 by British engineer, James Starley. It was named for the disparate size of the two wheels, the Penny being very much larger than the Farthing.
A British 1910 bronze Farthing (Edward VII), uncirculated and in absolute mint condition could fetch up to £35 GBP. If it has been circulated but still in good condition, it might fetch anything from £2 to £12 GBP. A reputable coin dealer will be able to give a more accurate valuation.
Serfs a type of peasant was paid around a farthing (a quarter a penny) to a penny
The Penny Farthing as such didn't do much for society, it was too expensive and tricky to use to become particularly wide spread. But the shortcomings of the Penny Farthing lead to the development of the "safety bike" which was a huge improvement and looked pretty much as bikes do today. And the Safety Bike had a huge impact on the mobility of everyday people, it was the first affordable means of personal transportation.
The Penny-Farthing only has one gear, poor brakes and a limiting riding position. It's quite heavy too.
Question doesn't make sense. A penny farthing is an old kind of bicycle with a big front wheel and a small rear wheel. By 1947 they were too old to be useful but not old enough to be interesting. Scrap value. Pennies and farthings were coins. They have separate values.
Two wheels on a Penny Farthing: the front one is larger than the back one in proportions similar to the former currency items penny and farthing, which was only worth a quarter of a penny and was much smaller.
Very early bicycles were called hobby horses or bone shakers. These were replaced with the high-wheeler/Penny-farthing(the one with the big front wheel and the small rear wheel. After that came the "safety bike" which looked pretty much like our current bikes.
In itself, not that much. It was too expensive and too difficult/dangerous to use, it never got particularly widespread. But the penny farthing lead on to the Safety Bike, and with that, the bike as we know it today was pretty much invented.