Shilling
The shilling (or informally: bob) was a British coin first issued in 1548 for Henry VIII, although arguably the testoon issued about 1487 for Henry VII was the first shilling. ~ ~ ~ ~ ~ ~ ~ ~ ~ ~
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~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Before decimalisation in 1971, a shilling had a value of 12d (old pence), and was equal to 1/20th of a pound: there were 240 (old) pence to the pound. Post-decimalisation, "shilling" refers to the 5p coin, which is still worth 1/20th of a pound, because there are 100 new pence in a pound. ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ The name shilling is believed to come from old Scandinavian skilling, meaning a division, or a mark on a stick.
Henry VIII: REDIRECT Henry VIII of England... Henry VII: Henry VII can mean:... Decimalisation: :This is about units of currency. For other conversions to decimal systems, see decimalization (disambiguation).... | ~ Table of Content ~
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~ Related Subjects ~Decimalisation (1) - Pence (1) - Pound (1) - Henry VII (1) - 1548 (1) - Henry VIII (1) - 1487 (1) -~ Community ~
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