Webb1 shilling equalled twelve pence (12d). £1 ( one pound) equalled 20 shillings (20s or 20/-) 240 pennies ( 240d ) = £1. There were 240 pennies to a pound because originally 240 … WebbBefore decimalisation, there were 20 shillings to the pound and 12 pennies to the shilling. This means in today’s money a sixpence would be worth 1/40 of a pound sterling, or 2.5 …
Burlington Daily Times News Archives, Mar 30, 1980, p. 42
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