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£sd
£sd (occasionally written Lsd, spoken as "pounds, shillings and pence" or pronounced ) is the popular name for the pre-decimal currencies once common throughout Europe, especially in the British Isles and hence in several countries of the British Empire and subsequently the Commonwealth. The abbreviation originates from the Latin currency denominations '' librae'', ''solidi'', and ''denarii''. In the United Kingdom, these were referred to as '' pounds'', ''shillings'', and ''pence'' (''pence'' being the plural of ''penny''). Although the names originated from popular coins in the classical Roman Empire, their definitions and the ratios between them were introduced and imposed across Western Europe by the Emperor Charlemagne. The £sd system was the standard across much of the European continent (France, Italy, Germany, etc.) for nearly a thousand years, until the decimalisations of the 18th and 19th centuries. As the United Kingdom remained one of the few countries retaini ...
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Guildhall Museum Collection- Drusilla Dunford Money Table Sampler 3304
A guildhall, also known as a "guild hall" or "guild house", is a historical building originally used for tax collecting by municipalities or merchants in Great Britain and the Low Countries. These buildings commonly become town halls and in some cases museums while retaining their original names. Guildhalls as town hall in the United Kingdom In the United Kingdom, a guildhall is usually a town hall: in the vast majority of cases, the guildhalls have never served as the meeting place of any specific guild. A suggested etymology is from the Anglo Saxon "''gild'', or "payment"; the guildhall being where citizens came to pay their rates. The London Guildhall was established around 1120. For the Scottish municipal equivalent see tolbooth. List of guildhalls in the United Kingdom *Andover Guildhall * Barnstaple Guildhall * Bath Guildhall *Beverley Guildhall *Bewdley Guildhall *Blakeney Guildhall *Boston Guildhall * Brecon Guildhall *Bristol Guildhall *Bury St Edmunds Guildhall *Camb ...
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Decimalisation
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ru ...
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Decimal Day
Decimal Day in the United Kingdom and in Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence. Before this date, the British pound sterling (symbol "£") was subdivided into 20 shillings, each of 12 (old) pence, a total of 240 pence. With decimalisation, the pound kept its old value and name, but the shilling was abolished, and the penny was revalued, such that the pound was subdivided into 100 of what were originally called "new pence" ("NP"), and later just pence ("p") when confusion was no longer likely. Each new penny was worth 2.4 old pence (abbreviated "d"). A coin of half a new penny was introduced to maintain the granularity of the old penny, but was dropped in 1984 as inflation reduced its value. An old value of 7 pounds, 10 shillings, and sixpence, typically abbreviated £7/10/6 or became Amounts with a number of old pence which was not 0 or 6 did not convert into a round numbe ...
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Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, literally 'Chief', a title not used in English), who is elected by the Dáil and appointed by ...
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United States Customary Units
United States customary units form a system of measurement units commonly used in the United States and U.S. territories since being standardized and adopted in 1832. The United States customary system (USCS or USC) developed from English units which were in use in the British Empire before the U.S. became an independent country. The United Kingdom's system of measures was overhauled in 1824 to create the imperial system, which was officially adopted in 1826, changing the definitions of some of its units. Consequently, while many U.S. units are essentially similar to their imperial counterparts, there are significant differences between the systems. The majority of U.S. customary units were redefined in terms of the meter and kilogram with the Mendenhall Order of 1893 and, in practice, for many years before. T.C. Mendenhall, Superintendent of Standard Weights and MeasuresOrder of April 5, 1893, published as Appendix 6 to the Report for 1893 of the United States Coast and G ...
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Guinea (British Coin)
The guinea (; commonly abbreviated gn., or gns. in plural) was a coin, minted in Great Britain between 1663 and 1814, that contained approximately one-quarter of an ounce of gold. The name came from the Guinea region in West Africa, from where much of the gold used to make the coins was sourced. It was the first English machine-struck gold coin, originally representing a value of 20 shillings in sterling specie, equal to one pound, but rises in the price of gold relative to silver caused the value of the guinea to increase, at times to as high as thirty shillings. From 1717 to 1816, its value was officially fixed at twenty-one shillings. In the Great Recoinage of 1816, the guinea was demonetised and the word "guinea" became a colloquial or specialised term. Although the coin itself no longer circulated, the term ''guinea'' survived as a unit of account in some fields. Notable usages included professional fees (medical, legal, etc.), which were often invoiced in guineas, and h ...
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Divisor
In mathematics, a divisor of an integer n, also called a factor of n, is an integer m that may be multiplied by some integer to produce n. In this case, one also says that n is a multiple of m. An integer n is divisible or evenly divisible by another integer m if m is a divisor of n; this implies dividing n by m leaves no remainder. Definition An integer is divisible by a nonzero integer if there exists an integer such that n=km. This is written as :m\mid n. Other ways of saying the same thing are that divides , is a divisor of , is a factor of , and is a multiple of . If does not divide , then the notation is m\not\mid n. Usually, is required to be nonzero, but is allowed to be zero. With this convention, m \mid 0 for every nonzero integer . Some definitions omit the requirement that m be nonzero. General Divisors can be negative as well as positive, although sometimes the term is restricted to positive divisors. For example, there are six divisors of 4; they ar ...
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Mental Calculation
Mental calculation consists of arithmetical calculations using only the human brain, with no help from any supplies (such as pencil and paper) or devices such as a calculator. People may use mental calculation when computing tools are not available, when it is faster than other means of calculation (such as conventional educational institution methods), or even in a competitive context. Mental calculation often involves the use of specific techniques devised for specific types of problems. People with unusually high ability to perform mental calculations are called mental calculators or ''lightning calculator''s. Many of these techniques take advantage of or rely on the decimal numeral system. Usually, the choice of radix is what determines which method or methods to use. Methods and techniques Casting out nines After applying an arithmetic operation to two operands and getting a result, the following procedure can be used to improve confidence in the correctness of result: # ...
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Halfpenny (British Pre-decimal Coin)
The British pre-decimal halfpenny, (pronounced ), historically also known as the obol and once abbreviated ''ob.'' (from the Latin 'obulus'), was a denomination of sterling coinage worth of one pound, of one shilling, or of one penny. Originally the halfpenny was minted in copper, but after 1860 it was minted in bronze. In the run-up to decimalisation it ceased to be legal tender from 31 July 1969. The halfpenny featured two different designs on its reverse during its years in circulation. From 1672 until 1936 the image of Britannia appeared on the reverse, and from 1937 onwards the image of the Golden Hind appeared. Like all British coinage, it bore the portrait of the monarch on the obverse. "Halfpenny" was colloquially written ''ha’penny'', and "''d''" was spoken as "a penny ha’penny" or ''three ha’pence'' . "Halfpenny" is a rare example of a word in the English language that has a silent ' f'. Before Decimal Day in 1971, sterling used the Carolingian moneta ...
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British Farthing Coin
The British farthing (from Old English fēorðing, from fēorða, a fourth) abbreviated ''qua.'' (L. ''quadrans''), was a denomination of sterling coinage worth of one pound, of one shilling, or of one penny; initially minted in copper and then in bronze, which replaced the earlier English farthings. Before Decimal Day in 1971, Britain used the Carolingian monetary system, wherein the largest unit was a pound sterling of 20 shillings, each of 12 pence. Each penny was divided into 4 farthings, thus, a pound sterling contained 960 farthings, and a shilling contained 48 farthings. From 1860 to 1971, the purchasing power of a farthing ranged between 12p and 0.2p in 2017 values. The farthing coin was legal tender during the reigns of eleven British monarchs: George I, George II, and George III, George IV, William IV, and Victoria, Edward VII and George V, Edward VIII, George VI, and Elizabeth II. In Britain and Northern Ireland the farthing coin ceased to be legal tender on 1 ...
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Penny (British Pre-decimal Coin)
The British pre-decimal penny was a denomination of sterling coinage worth of one pound or of one shilling. Its symbol was ''d'', from the Roman denarius. It was a continuation of the earlier English penny, and in Scotland it had the same monetary value as one pre-1707 Scottish shilling. The penny was originally minted in silver, but from the late 18th century it was minted in copper, and then after 1860 in bronze. The plural of "penny" is "pence" when referring to an amount of money, and "pennies" when referring to a number of coins. Thus 8''d'' is eight pence, but "eight pennies" means specifically eight individual penny coins. Before Decimal Day in 1971, sterling used the Carolingian monetary system (£sd), under which the largest unit was a pound (£) divisible into 20 shillings (s), each of 12 pence (d). The penny was withdrawn in 1971 due to decimalisation, and replaced (in effect) by the decimal half new penny, with p being worth 1.2''d''. History The kingdoms o ...
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Nigerian Pound
The pound was the currency of Nigeria between 1907 and 1973. Until 1958, Nigeria used the British West African pound, after which it issued its own currency. The pound was subdivided into 20 shillings, each of 12 pence. The Nigerian pound (which was at parity with the pound sterling with free convertibility) was replaced with the introduction in 1973 of the decimal ''naira'' at a rate of £1 = ₦2. This made Nigeria the last country to abandon the £sd currency system. Coins Coins were issued in 1959 in denominations of , 1, 3 and 6 pence, 1 and 2 shillings. The d and 1d coins were holed and struck in bronze. The 3d coin, minted in nickel-brass, was a smaller version of the distinctive twelve-sided threepenny bits that were used in the UK, Fiji and Jersey. The higher denominations were struck in cupro-nickel. Banknotes In 1918, emergency issues were made by the government in denominations of 1/–, 10/– and 20/–. In 1959,
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