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<p>[QUOTE=&quot;scottishmoney, post: 1758309, member: 12789&quot;]British sterling traded at about $4.80, there were 240 British pence to the Pound -&nbsp; a British penny was roughly the equivalent of 2 US cents.&nbsp; A farthing would have been roughly half a cent, a three pence the equivalent of about 6 cents.&nbsp; British threepence did circulate in Canada as a five cent coin - and Canada&#039;s smallest coin was the 5 cent in sterling silver.&nbsp; The US only got rid of the silver half dime because of Civil War era hoarding - which was how we ended up with the nickel instead.</p><p>&nbsp;</p><p>Farthings were fairly uncommon in circulation by 1900, and by 1956 their value had plummeted to the point at which they were eliminated altogether.[/QUOTE]</p><p><br /></p>

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