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Testoon
The English shilling was a silver coin of the Kingdom of England, when first introduced known as the testoon. A shilling was worth twelve pence, and there were 20 shillings to the pound sterling. The English shilling was introduced in the 16th century and remained in circulation until it became the British shilling as the result of the Union of England and Scotland to form the Kingdom of Great Britain in 1707. Name The word ''shilling'' comes from the Old English scilling' (meaning to separate), an accounting term dating back to Anglo-Saxon times, to mean a 20th of a pound, although there was no specific coin of that value. A common misconception is that the word is a Norse loanword into English; however, it can be found in English laws many years before Norse incursions into Britain, for example the Law of Æthelberht, of Kent. History Testoon In the Kingdom of England, during the reign of Henry VII, the forerunner of the shilling, the testoon, was introduced. This coin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shilling (British Coin)
The British shilling, abbreviated "1/-", was a unit of currency and a denomination of sterling coinage worth of one pound, or twelve pence. It was first minted in the reign of Henry VII as the testoon, and became known as the shilling, from the Old English , sometime in the mid-16th century. It circulated until 1990. The word ''bob'' was sometimes used for a monetary value of several shillings, e.g. "ten-bob note". Following decimalisation on 15 February 1971 the coin had a value of five new pence, and a new coin of the same value but labelled as "five new pence" or "five pence" was minted with the same size as the shilling until 1990, after which the shilling no longer remained legal tender. It was made from silver from its introduction in or around 1503 until 1946, and thereafter in cupronickel. Before Decimal Day in 1971, sterling used the Carolingian monetary system (" £sd"), under which the largest unit was a pound (£) divided into 20 shillings (s), each of 12 pen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
