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A 1933 UK shilling 1956 Elizabeth II UK shilling showing English and Scottish reverses. The shilling is a historical coin, and the name of a unit of modern 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 before being phased out during the 1960s ...
The Coinage Act of 1792 established the United States Mint and regulated the coinage of the United States. [3] The act created coins in the denominations of Half Cent (1/200 of a dollar), Cent (1/100 of a dollar, or a cent), Half Dime (also known as a half disme) (five cents), Dime (also known as a disme) (10 cents), Quarter (25 cents), Half Dollar (50 cents), Dollar, Quarter Eagle ($2.50 ...
Pennsylvania's paper currency, secured by land, generally maintained its value against gold from 1723 until the revolution broke out in 1775. [9] This depreciation of colonial currency was harmful to creditors in Great Britain when colonists paid their debts with money that had lost value. The British parliament passed several currency acts to ...
1652 pine tree shilling. The pine tree shilling was a type of coin minted and circulated throughout the Thirteen Colonies. In 1652, the Massachusetts Bay Colony authorized Boston silversmiths John Hull and Robert Sanderson to mint coinage. [1] Prior to 1652, the Massachusetts financial system was based on bartering and foreign coinage.
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.
1502–1970, circulated from 1971 to 1990 with a value of five decimal pence. 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
However, the most famous design was the final one to be issued, the pine tree type, struck between c. 1667 and 1682. [5] The coins circulated widely in North America and the Caribbean. The shillings nearly all bore the date "1652". This was the date of the Massachusetts Bay Colony legislation
A shilling was worth twelve pence, [1] [2] and there were 20 shillings to the pound sterling. [3] The English shilling was introduced in the 16th century and remained in circulation until it became the British shilling as the result of the Union of England and Scotland to form the Kingdom of Great Britain in 1707. [3]