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<p>[QUOTE=&quot;hontonai, post: 655065, member: 4703&quot;]In 1971 Great Britain scrapped its ancient monetary system of 12 pence to the shilling, 20 shillings to the pound, and adopted a decimal system of 100 pence to the pound.</p><p><br /></p><p>To differentiate the new from the old, the denomination was changed to &quot;New Pence&quot;.&nbsp; Your coin had a face value equal to 4.8 &quot;old&quot; pence.&nbsp; Millions upon millions were struck with that designation for eleven years.&nbsp; In 1982 the powers-that-be decided the public would be bright enough to understand that a circulating coin was denominated in 100ths of a pound, and dropped the &quot;New&quot;.</p><p><br /></p><p>Unless its in high MS grade, yours is worth little more than face value.[/QUOTE]</p><p><br /></p>

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