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Yes. d is the symbol for a British pence, which is like an American penny.

I'll answer the question you didn't ask: why do they use pennies as the unit of measure of nails? Many years ago nails were sold loose, and they were counted out rather than being weighed. The number of pence, or cents, 100 nails in that size would cost you many, many years ago determined the "penny" size. If 100 3-1/2" nails cost 16 pence, they were considered "16 penny" nails. (This also meant there weren't standard nail sizes--if Tom's Hardware charges 16d for 100 3" nails, and Dick's wants 16d for four inch nails. you'd have to go to Tom's for all your nail needs.)

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14y ago
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Q: Is a 16 penny nail the same as a 16 d nail?
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