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£1/1/– one guinea - historically an amount paid for settlement of legal disputes, but currently still the wager on the winner of a horse race. £1/10/– (one pound, ten shillings; one pound ten, "thirty bob") £1/19/ 11 + 3 ⁄ 4 (one pound, nineteen shillings and elevenpence three farthings: a psychological price, one farthing under £2)
The first guinea was produced on 6 February 1663 (361 years ago) (); a proclamation of 27 March 1663 made the coins legal currency.One troy pound of 11 ⁄ 12 (0.9133) [citation needed] fine gold (22 carat or 0.9167 pure by weight) would make 44 + 1 ⁄ 2 guineas, [5] each thus theoretically weighing 129.438 grains (8.385 grams crown gold, 7.688 grams fine gold, or 0.247191011 ozt (troy ounces ...
An old value of 7 pounds, 10 shillings, and sixpence, abbreviated £7-10-6 or £7:10s:6d. became £7.52 1 / 2 p. Amounts with a number of old pence which was not 0 or 6 did not convert into a round number of new pence. The Irish pound had the same £sd currency structure, and the same decimalisation was carried out.
For example, 2 pounds 14 shillings and 5 pence could have been written as £2 14s 5d or £2/14/5. The origin of £/ L {\displaystyle {\mathfrak {L}}} , s, and d were the Latin terms Libra, meaning a pound weight (with the £ sign developing as an elaborate L), solidus (pl. solidi), 20 of which made up one Libra, and denarius (pl. denarii), 240 ...
The weight of the English penny was fixed at 22 + 1 ⁄ 2 troy grains (about 1.46 grams) by Offa of Mercia, an 8th-century contemporary of Charlemagne; 240 pennies weighed 5,400 grains or a tower pound (different from the troy pound of 5,760 grains). The silver penny was the only coin minted for 500 years, from c. 780 to 1280.
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