I think I remember asking for money for the ice-cream van and being given 10 pence and thinking what is this? Not sure if this is a false memory? I am only 33!
When did shillings go and pence come in?
PLEASE HELP!!!!
2006-09-15 11:21:57 · 14 answers · asked by Anonymous in Social Science ➔ Economics
It was Monday 15th February 1971.
5p and 10p coins were first introduced in April 1968, shortly followed by 2p, 1p and 1/2p, and the 50p which was first seen in 1969.
Most of the old coinage ceased to be legal tender on 31st August 1971, but the old sixpence (2½p) remained in circulation until June 1980, and the shilling and florin were withdrawn when the 5p and 10p coins were re-sized in 1990.
It was interesting when we had both currencies in use at the same time, people were constantly getting confused.
The pounds, shillings and pence system had been in existence since Anglo-Saxon times, I don't know the exact date that it started.
2006-09-15 11:43:42 · answer #1 · answered by Gone 4 · 4⤊ 0⤋
Decimalization occurred in 1971, but pence did not come in; they existed before along with shillings. For a while, the new pence (as in 100 pence = 1 pound) was called just that, the new pence...
2006-09-15 11:28:08 · answer #2 · answered by NC 7 · 1⤊ 0⤋
jan 1971
I was born April 1970 and I got eight months of old money only. I'm 36. But the old money was still kicking about for ages. A shilling (twelve old pence) was exchangable for five new pence for a long time after, and two shillings for ten new pence. Until the new shape of 10p and 5p coins came out, you would quite regularly come across old money still in circulation, still as good as the new. A lot of people still say "2 bob" when they mean ten pence.
2006-09-15 11:23:33 · answer #3 · answered by wild_eep 6 · 2⤊ 0⤋
1971
2006-09-15 11:30:08 · answer #4 · answered by jax 2 · 1⤊ 0⤋
1971
2006-09-15 11:24:27 · answer #5 · answered by SammyD 3 · 1⤊ 1⤋
In 1971 That's when the government decided business needed a boost. Everything was rounded up. [everything became more expensive] The same thing will happen when we adopt the EURO. Beware.
2006-09-15 14:26:51 · answer #6 · answered by researcher 3 · 0⤊ 0⤋
shillings and pence didn't come in, they went out, 10p is in new money and I think you need to lay off cooking in aluminium pans and drink more fruit juice, you seem confused, we are decimal now and I think you may have the onset of alzhimers I'm not a dr of course but I suggest a visit as you believe 10p's weren't in when you were born and they were, maybe you had a past life or something? What were you expeting a farthing and a florin?
2006-09-15 11:28:51 · answer #7 · answered by Anonymous · 0⤊ 3⤋
February 1971. I remember it well. There was the most amusing confusion everywhere I shopped. There was an almost warlike comaraderie around!
2006-09-15 11:33:47 · answer #8 · answered by Ladyfromdrum 5 · 1⤊ 0⤋
in february 1971
2006-09-15 12:26:08 · answer #9 · answered by JAMES OY 3 · 0⤊ 0⤋
February 1971 and it happened at the same time the GPO was on strike so we had new money and no post and no phone boxes working all at the same time.
My bf at the time was in the army and I could not keep in touch.
2006-09-15 11:28:47 · answer #10 · answered by Amanda K 7 · 1⤊ 1⤋