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Old Penny Sterling
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, thus the English penny was called in Scottish Gaelic. 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" (often added as an unstressed suffix) when referring to an amount of money, and "pennies" when referring to a number of coins. Thus 8''d'' is eightpence or 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 pre-decimal penny was demonetised on 1 September 197 ...
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£sd
file:Guildhall Museum Collection- Drusilla Dunford Money Table Sampler 3304.JPG, A Sampler (needlework), sampler in the Rochester Guildhall, Guildhall Museum of Rochester, Medway, Rochester illustrates the conversion between pence and shillings and shillings and pounds. file:Cash register (8058279685) (2).jpg, Old till in Ireland, with "shortcut" keys in various £sd denominations (lower numbers) and their "new pence" equivalent (upper numbers) file:TOY (FindID 748865).jpg, Play money, 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 currency, currencies once common throughout Europe. The abbreviation originates from the Ancient Roman units of measurement, Latin currency denominations , , and . In the British Isles, these were referred to as ''pound sterling, pounds'', ''shillings'', and ''pence'' (''pence'' being the plural of ''penny''). Un ...
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Decimal Day
Decimal Day () in the United Kingdom and in Republic of Ireland, Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pound sterling, pounds, Shilling (British coin), shillings, and penny, pence. Before this date, both the British pound sterling and the Irish pound (symbol "£") were subdivided into 20 shillings, each of 12 (old) pence, a total of 240 pence. With decimalisation, the pound kept its old value and name in each currency, but the shilling was abolished, and the pound was divided into 100 new pence (abbreviated to "p"). In the UK, the new coins initially featured the word “new”, but in due course this was dropped. Each new penny was worth 2.4 old pence ("d.") in each currency. Coins of half a new penny were introduced halfpenny (British decimal coin) , in the UK and Halfpenny (Irish decimal coin), in Ireland to maintain the approximate granularity of the old penny, but these were dropped in the UK in ...
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George I Of Great Britain
George I (George Louis; ; 28 May 1660 – 11 June 1727) was King of Great Britain and King of Ireland, Ireland from 1 August 1714 and ruler of the Electorate of Hanover within the Holy Roman Empire from 23 January 1698 until his death in 1727. He was the first British monarch of the House of Hanover. Born in Hanover to Ernest Augustus, Elector of Hanover, Ernest Augustus and Sophia of Hanover, George inherited the titles and lands of the Duchy of Brunswick-Lüneburg from his father and uncles. In 1682, he married his cousin Sophia Dorothea of Celle, with whom he had two children; he also had three daughters with his mistress Melusine von der Schulenburg. George and Sophia Dorothea divorced in 1694. A succession of European wars expanded George's German domains during his lifetime; he was ratified as prince-elector of Hanover in 1708. As the senior Protestant descendant of his great-grandfather James VI and I, George inherited the British throne following the deaths in 1714 of ...
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Maundy Money
Royal Maundy () is a religious service in the Church of England held on Maundy Thursday, the day before Good Friday. At the service, the Monarchy of the United Kingdom, British monarch or a royal official ceremonially distributes small silver coins known as "Maundy money" (legally, "the King's Maundy money") as symbolic alms to elderly recipients. The coins are technically legal tender, but typically do not circulate due to their silver content and Numismatics, numismatic value. A small sum of ordinary money is also given in lieu of gifts of clothing and food that the sovereign once bestowed on Maundy recipients. The name "Maundy" and the ceremony itself derive from an instruction, or , of Jesus Christ at the Last Supper that his followers should love one another. In the Middle Ages, English monarchs Maundy (foot washing), washed the feet of beggars in imitation of Jesus, and presented gifts and money to the poor. Over time, additional money was substituted for the clothing and o ...
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Anne, Queen Of Great Britain
Anne (6 February 1665 – 1 August 1714) was List of English monarchs, Queen of England, List of Scottish monarchs, Scotland, and List of Irish monarchs, Ireland from 8 March 1702, and List of British monarchs, Queen of Great Britain and Ireland following the ratification of the Acts of Union 1707 merging the kingdoms of Kingdom of Scotland, Scotland and Kingdom of England, England, until her death in 1714. Anne was born during the reign of her uncle Charles II of England, King Charles II. Her father was Charles's younger brother and heir presumptive, James II of England, James, whose suspected Roman Catholicism was unpopular in England. On Charles's instructions, Anne and her elder sister Mary II of England, Mary were raised as Anglicans. Mary married her Dutch Reformed Church, Dutch Protestant cousin, William III of Orange, in 1677, and Anne married the Lutheran Prince George of Denmark in 1683. On Charles's death in 1685, James succeeded to the throne, but just three years ...
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Shilling
The shilling is a historical coin, and the name of a unit of modern currency, currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a Pound (currency), pound before being phased out during the 1960s and 1970s. Currently the shilling is used as a currency in five east African countries: Kenyan shilling, Kenya, Tanzanian shilling, Tanzania, Ugandan shilling, Uganda, Somali shilling, Somalia, and the ''de facto'' country of Somaliland shilling, Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Anglo-Saxon language, Anglo-Saxon phrase "Scilling", a monetary term meaning literally "twentieth of a pound", from the Proto-Germanic root :wikt:Reconstruction:Proto-Germanic/skiljaną, skiljaną meaning literally "to separate, split, divide", from :wikt:Reconstr ...
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Union Of The Crowns
The Union of the Crowns (; ) was the accession of James VI of Scotland to the throne of the Kingdom of England as James I and the practical unification of some functions (such as overseas diplomacy) of the two separate realms under a single individual on 24 March 1603. It followed the death of James's cousin, Elizabeth I of England, the last monarch of the Tudor dynasty. The union was personal or dynastic, with the Crown of England and the Crown of Scotland remaining both distinct and separate despite James's best efforts to create a new imperial throne. England and Scotland continued as two separate states sharing a monarch, who directed their domestic and foreign policies, along with Ireland, until the Acts of Union of 1707 during the reign of the last Stuart monarch, Anne. However, there was a republican interregnum in the 1650s, during which the Tender of Union of Oliver Cromwell created the Commonwealth of England and Scotland which ended with the Stuart Restorati ...
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Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ...
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Pound Scots
The pound ( Modern and Middle Scots: ''Pund'') was the currency of Scotland prior to the 1707 Treaty of Union between the Kingdom of Scotland and the Kingdom of England, which created the Kingdom of Great Britain. It was introduced by David I, in the 12th century, on the Carolingian monetary system of a pound divided into 20 shillings, each of 12 pence. The Scottish currency was later devalued relative to sterling by debasement of its coinage. By the time of James III, one pound Scots was valued at five shillings sterling. Silver coins were issued denominated in merk, worth 13s.4d. Scots (two-thirds of a pound Scots). When James VI became King James I of England in 1603, the coinage was reformed to closely match sterling coin, with £12 Scots equal to £1 sterling. No gold coinage was issued from 1638 to 1700, but new silver coinage was issued from 1664 to 1707. With the Acts of Union 1707, the pound Scots was replaced by sterling coin at the rate of 12:1 (£1 Sco ...
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Kingdom Of Great Britain
Great Britain, also known as the Kingdom of Great Britain, was a sovereign state in Western Europe from 1707 to the end of 1800. The state was created by the 1706 Treaty of Union and ratified by the Acts of Union 1707, which united the Kingdom of England (including Wales) and the Kingdom of Scotland to form a single kingdom encompassing the whole island of Great Britain and its outlying islands, with the exception of the Isle of Man and the Channel Islands. The unitary state was governed by a single Parliament of Great Britain, parliament at the Palace of Westminster, but distinct legal systems—English law and Scots law—remained in use, as did distinct educational systems and religious institutions, namely the Church of England and the Church of Scotland remaining as the national churches of England and Scotland respectively. The formerly separate kingdoms had been in personal union since the Union of the Crowns in 1603 when James VI of Scotland became King of England an ...
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Act Of Union 1707
The Acts of Union refer to two acts of Parliament, one by the Parliament of Scotland in March 1707, followed shortly thereafter by an equivalent act of the Parliament of England. They put into effect the international Treaty of Union agreed on 22 July 1706, which politically joined the Kingdom of England and Kingdom of Scotland into a single "political state" named Kingdom of Great Britain, Great Britain, with Anne, Queen of Great Britain, Queen Anne as its sovereign. The English and Scottish acts of ratification took effect on 1 May 1707, creating the new kingdom, with Parliament of Great Britain, its parliament based in the Palace of Westminster. The two countries had shared a monarch since the "personal" Union of the Crowns in 1603, when James VI of Scotland inherited the English throne from his cousin Elizabeth I to become (in addition) 'James I of England', styled James VI and I. Attempts had been made to try to unite the two separate countries, in 1606, 1667, and in ...
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Kingdom Of Scotland
The Kingdom of Scotland was a sovereign state in northwest Europe, traditionally said to have been founded in 843. Its territories expanded and shrank, but it came to occupy the northern third of the island of Great Britain, sharing a Anglo-Scottish border, land border to the south with the Kingdom of England. During the Middle Ages, Scotland engaged in intermittent conflict with England, most prominently the Wars of Scottish Independence, which saw the Scots assert their independence from the English. Following the annexation of the Hebrides and the Northern Isles from Norway in 1266 and 1472 respectively, and the capture of Berwick upon Tweed, Berwick by England in 1482, the territory of the Kingdom of Scotland corresponded to that of modern-day Scotland, bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel (British Isles), North Channel and Irish Sea to the southwest. In 1603, James VI of Scotland became King of England, joini ...
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