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The British sixpence (/ ˈ s ɪ k s p ən s /) piece, sometimes known as a tanner or sixpenny bit, was a denomination of sterling coinage worth 1 ⁄ 40 of one pound or half of one shilling. It was first minted in 1551, during the reign of Edward VI , and circulated until 1980.
There were several ways to represent amounts of money in writing and speech, with no formal convention; for example: 3 l. 17 s. 10 ½ d. (three pounds, seventeen shillings, and ten-and-a-half pence) [11]: 62 £2/3/6 (two pounds, three shillings and sixpence), spoken, unless there was cause to be punctilious, "two pound(s), three and six".
Using the example of five shillings and sixpence, the standard ways of writing shillings and pence were: 5s 6d; 5/6; 5/- for 5 shillings only, with the dash to stand for zero pennies. The sum of 5/6 would be spoken as "five shillings and sixpence" or "five and six".
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. It circulated until 1990.
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]
The British half crown was a denomination of sterling coinage worth 1 ⁄ 8 of one pound, or two shillings and six pence (abbreviated "2/6", familiarly "two and six"), or 30 pre-decimal pence. The half crown was first issued in England in 1549, in the reign of Edward VI , with a value half that of the crown coin .
The British pound sterling was confirmed as the sole legal tender in 1858, [1] but had in effect been the sole circulating currency since 1847. [2] Australia began issuing its own coinage in 1910, including the Australian sixpence. Widespread circulation of the Australian silver coinage in New Zealand began in 1930, when Australia devalued the ...
Written in full, the expenditure amounts are nineteen pounds, nineteen shillings and sixpence (£19/19/6) and £20/0/6, the pre-decimal equivalents of £19.97 1 ⁄ 2 and £20.02 1 ⁄ 2 in modern British currency.