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Also called a "bob", in singular or plural. Originally called a 'Testoon' under Henry VIII. One shilling and one penny: 1/1: £0.0542: Late 1640's Minted under Charles I during the civil war briefly. One shilling and twopence: 1/2: £0.0584: Late 1640's Minted under Charles I during the civil war briefly. One shilling and threepence: 1/3: £0. ...
The Bank of England 10 shilling note (notation: 10/–), colloquially known as the 10 bob note, was a sterling banknote. Ten shillings in £sd (written 10s or 10/–) was half of one pound. The ten-shilling note was the smallest denomination note ever issued by the Bank of England. The note was issued by the Bank of England for the first time ...
Historically almost every British coin had a widely recognised nickname, such as "tanner" for the sixpence and "bob" for the shilling. [36] Since decimalisation these have mostly fallen out of use except as parts of proverbs. A common [37] slang term for the pound unit is "quid" (singular and plural, except in the common phrase "quids in"). [38]
The British shilling, abbreviated "1s" or "1/-", was a unit of currency and a denomination of sterling coinage worth 1 ⁄ 20 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 scilling, [1] sometime in the mid-16th century.
Quid remains as popular slang for one or more pounds to this day in Britain in the form "a quid" and then "two quid", and so on. Similarly, in some parts of the country, bob continued to represent one-twentieth of a pound, that is five new pence, and two bob is 10p. [49]
Until the middle of the 19th century, privately owned banks in Great Britain and Ireland were free to issue their own banknotes. Paper currency issued by a wide range of provincial and town banking companies in England, [ 14 ] [ 15 ] [ 16 ] Wales, [ 17 ] Scotland [ 18 ] and Ireland [ 19 ] circulated freely as a means of payment.