Discussion in 'World Coins' started by eddiespin, Dec 9, 2022.
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"Cent" is a decimal unit (1/100), obviously. But pennies at the time were not.
Nice toning on that East Africa 10c, BTW.
It is now but back then it was pre decimal so 240 Pence to the £1
It is now, since the UK went to a decimal system in 1970, but before that, as @daveydempsey mentioned, they were on the old non-decimal Sterling standard of pounds, shillings, and pence. The predecimal penny was not 1/100 of a pound as the modern UK “penny” is today.
The modern decimal British penny (1/100 of a pound) is essentially a cent now, though I expect the old “penny” name still hangs on, just as it always has here in the US, with our cents.
@daveydempsey - do they even still make penny coins, outside of mint and proof sets and Maundy sets? I know the halfpenny is a thing of the past. I don’t recall seeing any pennies when I was in Essex in 2013.
Yes they still mint Pennies, I get many in change and from house clearances.
I took £155 in small change to the bank the other day all from the last 3 clearances
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