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In 1843, Queen Victoria had not been long on throne and the Great Recoinage had taken place in 1817 standardising Britain's coins to certain metals, dimensions and weights for specific denominations.

British Coins in general circulation at that time, but not necessarily minted in 1843, would include -

Sovereign - Equal to One Pound or 20 Shillings. A 22 carat gold coin.

Half-Sovereign - Equal to Half a Pound or 10 Shillings. A 22 carat gold coin.

Crown - Equal to Five Shillings. A .925 fine silver coin.

Halfcrown - Equal to Two Shillings and Sixpence. A .925 fine silver coin.

Shilling - Equal to 12 Pence. A .925 fine silver coin.

Sixpence - Equal to 6 Pence. A .925 fine silver coin.

Groat - Equal to 4 Pence. A .925 fine silver coin.

Threepence - Equal to 3 Pence. A .925 fine silver coin.

Twopence - Equal to 2 Pence. A .925 fine silver coin.

Three-Halfpence - Equal to One and a Half Pence. A .925 fine silver coin.

Penny - 12 Pence to a Shilling and 240 Pence to a Pound. A copper coin.

Halfpenny - Half of a Penny. A copper coin.

Farthing - Quarter of a Penny. A copper coin.

Half-Farthing - Half of a Farthing. A copper coin.

Each coin for each metal type becomes progressively smaller.

In 1817, the gold Guinea coin of 21 Shillings and its fractional denominations, had been replaced by the Sovereign and Half-Sovereign.

The Florin of Two Shillings, was Britain's first step towards decimalisation, being 1/10th of a Pound, and was to be issued in the next 5 years.

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