what do the letters l.s.d. in the old currency stand for?

Answer 1

Libra Solidus Denarius - all Latin
Solidus and Denarius both Roman coins
Libra = pound

The legacy of the Latin coins and mass can be found in the names of currencies and other measuring systems all over the world.

The currency was, as others have answered ,the pound sterling (silver as opposed to gold).
Silver, as other precious metals and gems, was measured by Troy weight and a pound of silver was divided into 240 pennyweights or 12 ounces. The original penny weighed one pennyweight and so it follows through. Thats how we ended up with £1 of 240d (pence) or 12s (shillings).

The divisions of the penny were eventually quite simple - ha'penny (pronounced haypenny) or halfpenny
and farthing an old word meaning fourth or quarter.

There have been various coins produced as a multiple of a penny, the groat = fourpence and half-groat = twopence or tuppence.
Other coins: florin, crown, guinea, sovereign.
Florin - at one time three shillings ended in 1971 as 2 shillings and was used as the 10 pence piece until 1993
The crown (five shillings) and the half crown, the guinea (at one time £1 but varying values because of gold content settling at 21 shillings) and half guinea, the sovereign (£1) and half sovereign were all familiar coinage.

Answer 2

Pounds, Shillings and pence

12 Pence = 1 Shilling

20 Shillings = 1 Pound

240 Pence = 1 Pound

A very versatile currency that can be divided equally by 2; 3; 4; 5; 6; 8;12; 20; 30; 40; 60; 80; and 120.

Unlike any decimal currency that is only equally divisible by 2; 4; 5 and 10 and cents et seq.

The pence (penny) was also divided into halfpennies and farthings.

The pound sign (£) refers to "livre" a pre-decimal weight measurement widely (and still) used in Europe.

Pound Sterling, to avoid confusion with pound weight, shillings and pence.
Also sometimes written as £.s.d.
It originates from the Latin librae, solidi and denari hence the L.s.d instead of p.s.p (pounds, shillings and pence).

Answer 3

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RE:
what do the letters l.s.d. in the old currency stand for?

Answer 4

Pounds, Shillings and pence

12 pence = 1 Shilling
20 Shillings = 1 pound

So, 240 pence = 1 pound

Thank Goodness for decimalisation!!

Answer 5

They do stand for pounds shilling and pence, there was 12 old pennies in a shilling and 20 shillings in a pound, back in the 1950s there was also halfpennies and farthings.

Answer 6

Pounds, shillings and pence. Also sometimes written as £.s.d It originates from the Latin librae, solidi and denari hence the l.s.d instead of p.s.p (pounds, shillings and pence).

Answer 7

Pound sterling is the official name. It comes from "librae (£), solidi (s), denarii (d)" which were used for the pounds, shillings and pence of the original currency system.

Answer 8

Pounds, Shillings and pence (pennies)

Answer 9

Pounds, shillings and pence

Answer 10

sounds like the drug but yes its pounds shillings a pence