It depends how this question is interpreted...... a) what is the value of the modern pound of today worth in terms of the Imperial currency of 1776..... Another interpretation of the question might be b) what is the current value of what the old imperial pound of 1776 used to be worth in terms of today's money? Answer a) A RPI (retail price index) calculator suggested, on another site, that the value of £1 as it was valued in 2007 would have been worth £0 0s 2d. The earnings calculator gave a value of 0d. So a sum of money between 1d and 2d in 1776 would be a best estimate to the modern sterling pound, in other words, at most, two pence. Answer b) In the Imperial system there were 240 pennies (d) in a pound, as there were 12 pence in a shilling and 20 shillings in a pound. If we take 1.5 d as a best guess for the value of £1 (in 2007) , then the imperial pound of 1776 was worth about £160 in today's money. Nigel (nigel_johnston@Yahoo.com)
A British Pound in 1760 had the purchasing power of about £130 GBP today.
British Sovereigns (or Pounds) were not minted until 1817.
One Pound British in 1860 had the purchasing power of about £63.10 GBP in 2010. This is an approximation based on the value of the pound in 1860 and the value of the pound in 2010, factoring for inflation.
A British Pound in 1799 had the purchasing power of about £62.87 GBP today.
The face value of anything is whatever is written on it. The face value of a Pound, is a Pound. If you want to find out what the current exchange rate in US Dollars is for a British Pound, see the link below.
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The Pound did not exist as a unit of currency in 1469.
There was no 1811 British Sovereign or One Pound coin minted.
The Shilling has always been 1/20th of a British Pound.
It was worth one pound.
There was no British 1901 Two Pound or Double Sovereign coin produced.
There were no British Two Pound coins minted from 1888 to 1892 inclusive.
The first British Fifty Pound note was issued in 1725.
A pound surely!!