The first decimal coins were issued in a blue uncirculated set it included a half- penny , penny , two pence, five pence and a ten pence coin
In absolutely mint condition it could fetch up to 4 pounds but usually 2.50 pounds
A predecimal Penny converted to about 0.416 New Pence at decimalisation.
The British Shilling converted to 5 New Pence at decimalisation. The Australian and New Zealand Shillings, amongst many others, converted to 10 cents at decimalisation.
Prior to decimalisation there were 240 pennies in 1 pound. This was stated as 240d = £1 One modern penny = 2.4 old pennies at the time of decimalisation in February 1971.
U.S. or British? Post new question.
It was worth 12 pence in pre-decimalisation money
Prior to decimalisation in 1971 a Shilling was one twentieth of a Pound. At decimalisation, the Shilling converted to 5 New Pence.
The Florin was introduced into the British currency in 1848 as a tentative step towards decimalisation which was not realised for another 120 years. A Florin was worth 24 Pence or two Shillings or one tenth of a Pound depending on your frame of reference. One tenth of a Florin was equal to 2.4 Pence in the predecimal currency, for which there was no equivalent coin or combination of coins. In the British decimal currency, a Florin converted to 10 New Pence, so one tenth of a Florin converted to One New Penny.
It's worth one penny.
These coins are part of the now long redundant British predecimal currency. Values from least to most are - A Farthing is one quarter of a Penny A Halfpenny is one half of a Penny One Shilling is worth 12 Pence (or 12 Pennies) A Florin is worth 2 Shillings (or 24 Pence) A Crown is worth 5 Shillings (or 60 Pence)
Technically the official name of the American coin is cent. The penny was never the name of any US currency. A penny is British currency. In the past the penny had a relatively low value. It still isn't worth much. At this time a penny is defined as one hundredth of a British pound. But many people refer to the cent as a penny.
its worth around 1p i see lots of coins from 1967. Surely no 1p coins in 1967? Decimalisation was 1970. Do you mean One Old Penny coins, as wide as £2 coins?
All British bronze Pennies from 1860 to 1967 have the words "ONE PENNY" on the reverse.
The smallest denomination used to be the farthing, which was worth 1/4 of one penny.