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The British decimal ten pence coin (often shortened to 10p in writing and speech) is a denomination of sterling coinage worth 1 ⁄ 10 of a pound.Its obverse has featured the profile of the British monarch since the coin's introduction in 1968, to replace the florin (two shilling) coin in preparation for decimalisation in 1971. [1]
A new base unit (often called the "dollar") was created equal to ten shillings (half a pound), and subdivided into 100 fractional units, with one fractional unit (usually called the "cent") equal to 1 ⁄ 10 of a shilling or 1.2 old pence.
five pence and ten pence in nickel-plated steel; equilateral curve heptagonal twenty pence and fifty pence in cupronickel; bimetallic one pound and two pounds. All circulating coins have an effigy of one of two monarchs on the obverse; various national, regional and commemorative designs on the reverse; and the denomination in numbers or words.
By the ninth century it was equal to 240 silver pence. ... re-designated as ten new pence, ... Against the US dollar, meanwhile, sterling fell from £1 to $1.466 to ...
Banknote for "Twelve and a Half Cents" = $ 1 ⁄ 8, Alabama, 1838 In the US, the bit is equal to 12 + 1 ⁄ 2 ¢, a designation which dates from the colonial period, when the most common unit of currency used was the Spanish dollar, also known as "piece of eight", which was worth 8 Spanish silver reales.
Prior to decimalisation in 1971, there were 12 pence (written as 12d) in a shilling (written as 1s or 1/-) and 20 shillings in a pound, written as £1 (occasionally "L" was used instead of the pound sign, £). There were therefore 240 pence in a pound. For example, 2 pounds 14 shillings and 5 pence could have been written as £2 14s 5d or £2/14/5
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Ten pence may refer to: Ten pence (British coin), a coin of the United Kingdom; Ten pence (Irish coin), a former coin of the Republic of Ireland; See also.