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What was the value of a Shilling in 1789 compared to the US currency?
Wiki User
∙ 14y ago
One Shilling GBP in 1789 had the purchasing power of about £4.62 GBP today.
One Shilling GBP in 1789 had the purchasing power of about $7.03 USD today.
NOTE - This historical conversion is the result of many calculations and considerations for which I cannot take credit. The resulting answer should only be regarded as an approximation.
Wiki User
∙ 14y ago
Wiki User
∙ 13y agoThe British Shilling was a part of the now redundant Pounds, Shillings and Pence currency.
There were 12 Pence to the Shilling and 20 Shillings to the Pound.
At the time of Britains conversion to decimal currency, One Shilling converted to 5 New Pence. The Shilling was replaced by the 5 New Pence coin in 1968, although Shilling coins remained in circulation for some time after decimalisation.
In 1968, One Shilling had the purchasing power of about $0.90 USD today.
Wiki User
∙ 12y agoThe Royal Mint produced no Shilling coins from 1764 to 1786 inclusive.
Due to Britains ongoing expenses with various wars in the late 18th and early 19th centuries, there were very few silver or copper coins minted, subsequently there were a great many privately minted tokens and counterfeit coins produced.
To get an estimate of value on a privately minted token, you need to provide the details of the inscription on the token.
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There were no coin sets made in 1789.
What is the value of a 1789 British pound?
The British Pound did not exist as a coin or a banknote in 1789. It was a unit of currency equivalent to 240 Pence, 20 Shillings or 1 Sovereign. One Pound in 1789 had the purchasing power of about £82.30 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program. The resulting answer should only be regarded as an approximation.
What is the value of a 1221 silver dollar?
A "dollar" made in 1221 doesn't exist, so there is no value. The dollar is US currency and the US was not established until 1789. Money in 1221 was different than it is today and not made of silver. Each coin was hand casted and made in 1221.
What is the value of the North Carolina 25cent stamp from 1789?
$14.
What currency was used in the french revolution?
Assignats was the paper money from 1789 to 1796 and issued by the National Assembly
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What is the value of a 1789-1797 George Washington golden dollar?
It's not made of gold and it's worth one dollar. 1789-1797 were Washington's years as President.
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The first US Dollar coin was struck in 1794
1789 double headed George Washington?
A coin stamped with 1789 with a profile of George Washington is not worth any monetary value. This type of coin was stamped privately and is commemorative.
What is the value of a 1789-1907 George Washington gold dollar?
Brass, not gold 1797-1789, not 1907. Minted in 2007. Worth $1 in circulated condition, about $3 uncirculated.
What is the value of a 1789 1797 George Washington dollar coin?
One dollar.
Describe the money system in America between 1776 and 1789?
The system of money in America between 1776 and 1789 was a hodgepodge. It consisted of British, French, Continental, and Spanish currencies, and base metals or gold and silver. After Spain entered the war on the side of the United States, the standard currency became the Spanish dollar. Still, other currencies were accepted. After the war ended, The United States went on a gold standard and the government stopped issuing paper currency, but individual banks issued paper currency.
