£sd System
   HOME





£sd System
A sampler in the Guildhall Museum of Rochester illustrates the conversion between pence and shillings and shillings and pounds. Old till in Ireland, with "shortcut" keys in various £sd denominations (lower numbers) and their "new pence" equivalent (upper numbers) Toy coin, which teaches children the value of a shilling £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. The abbreviation originates from the Latin currency denominations , , and . In the British Isles, these were referred to as '' pounds'', ''shillings'', and ''pence'' (''pence'' being the plural of ''penny''). Under this system, there were 12 pence in a shilling and 20 shillings, or 240 pence, in a pound. Although the standard ledger accounting system recorded only pounds, shillings, and pence, actual minted coins could represent one, several, or fractions of these units. The penny was ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

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 Europe, with many surviving today in Great Britain and the Low Countries. These buildings commonly become town halls and in some cases museums while retaining their original names. 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 * Bodmin Guildhall *Boston Guildhall *Bradninch Guildhall * Breco ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

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 replaced by the gold sovereign. Following the Great Recoinage, the word "guinea" was retained as a colloquial or specialised term, even though the coins were no longer in use; the term ''guinea'' also survived as a unit of account in some fields. Notable usages included professio ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Pre-decimal Currency
A non-decimal currency is a currency that has sub-units that are a non-decimal fraction of the main unit, i.e. the number of sub-units in a main unit is not a power of 10. Historically, most currencies were non-decimal, though virtually all are now decimal. Contemporary situation 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 each sub-unit is too small to be of any practical use and coins of sub-unit denominations are no longer used. The official currency of the Sovereign Military Order of Malta, which retains its claims of sovereignty under international law and has been granted permanent observer status at the United Nations, is the Maltese scudo, which is subdivided into 12 tarì, each of 20 grani with 6 piccoli to the grano. All other contemporary currencies are either decimal or have no sub-unit ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  



MORE