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.
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.
To a numismatist, FAIR condition describes a coin that is so worn you can barely determine the type and date, so if it is really in this condition, it is worth nothing. If it is in a bit better condition, it still has no significant value and may even be found in a dealer's "junk box" for 25 cents.
A Penny Farthing was a popular 19th Century bicycle. Australia never produced a Farthing coin, and I have no idea what a pennyfarthington is.
A farthing was 1/4 of a penny.
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.
== == A "penny farthing" is a kind of old-fashioned bicycle (see description below). If you're instead referring to the British coin, it's properly called simply a "farthing" and was worth 1/4* of an old pre-decimal penny.The denomination was struck for centuries so you'd need to post more information in a new question - date and condition would be the most helpful things to provide.(*) The word "farthing" comes from Old English for "(one-)fourth object"If instead you have a Penny Farthing bicycle and you wish to know it's value, then I would suggest you would need to speak with a specialist in antique bicycles, such as: http://www.theoldbicycleshowroom.co.uk/.Brand new Penny Farthings cost up to £500 in the UK, but are somewhat different to the originals with modern features for added comfort, and smaller front wheels (only about 3 ft, with a 1 ft diameter rear wheel).There is also an annual Penny Farthing Championship held in Tasmania where the riders appear to be using new versions looking much similar to the originals (videos available on youtube!) but I am afraid I do not know the value of these bicycles.Penny Farthing Bicycle: Description The Penny Farthing is an early type of bicycle. It was named the Penny Farthing because it has one very large front wheel (often as much as 1.5 metres, or 5 feet in diameter) and one smaller wheel at the back. This made people think of an English penny, which at the time was very large, and another coin called a farthing, which was much smaller in relation to the penny.There is a good description with pictures at this site:http://peugeot.mainspot.net/penny-farthing.htmThere was no penny farthing coin. There was a farthing (a quarter of a penny) and a penny as separate coins. They were written as 1/4d and 1d on price labels - so if an item cost a penny farthing it would be written as 1.1/4d or 1-1/4d on there. There were 240 pennies in a pre-decimal pound (before 15 February 1971).A Penny farthing is a bicycle and they were no longer made in 1915.A Penny Farthing was a popular type of 19th century bicycle so named because of the disparate size of the front and back wheels which were likened to a Penny and a Farthing.Both 1938 coins have the denomination clearly inscribed on them. Please decide on which coin you are interested in and submit a new question specifying the denomination and year.
The penny was considerably larger, as a farthing was worth 1/4 of a penny. Those old-timey bicycles with the giant front wheel were nicknamed "penny-farthings" because of the size difference in wheels.
During the Victorian era, a penny farthing bicycle typically cost around £10 to £20, which was a significant amount of money at the time. The cost varied depending on the quality of materials used and the manufacturer. The penny farthing was considered a luxury item and was primarily owned by the wealthy elite.
it is an old currency penny like the old value of a farthing in England
The smallest denomination used to be the farthing, which was worth 1/4 of one penny.
The value of a 1847 penny farthing can vary significantly based on its condition, provenance, and market demand. Generally, these bicycles can range from a few hundred to several thousand dollars. Rare models or those in excellent condition may fetch higher prices among collectors. For an accurate appraisal, it’s best to consult a vintage bicycle expert or auction house specializing in antique bicycles.
The value of an antique 3-wheel bicycle can vary depending on factors such as its age, condition, rarity, and historical significance. It is recommended to have the bicycle appraised by a professional to determine its exact value.