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
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.
The English penny, often referred to simply as a "penny," is worth one-hundredth of a British pound. As of October 2023, one British pound is equivalent to approximately 1.36 U.S. dollars, making a penny worth about 1.36 U.S. cents. However, the value of the penny can also vary based on factors like rarity and historical significance in numismatics.
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.
A British 1 penny coin, often referred to as a "penny," is worth one-hundredth of a British pound (£0.01). It is one of the lowest denominations in the British currency system. The value of the penny can fluctuate slightly based on factors like condition and rarity, particularly for older or collectible coins. However, in everyday transactions, it is commonly used for small purchases.
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)
It's worth one 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?
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.