Concept
Penny
Related concepts (16)
Pound sterling
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound (sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. In British English, its most common nickname is "quid." Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception.
Coins of the pound sterling
The standard circulating coinage of the United Kingdom, British Crown Dependencies and British Overseas Territories is denominated in pennies and pounds sterling (symbol "£", commercial GBP), and ranges in value from one penny sterling to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 (new) pence. Before decimalisation, twelve pence made a shilling, and twenty shillings made a pound. British coins are minted by the Royal Mint in Llantrisant, Wales.
Slash (punctuation)
The slash is the oblique slanting line punctuation mark . Also known as a stroke, a solidus, a forward slash or several other historical or technical names including oblique and virgule. Once used to mark periods and commas, the slash is now used to represent division and fractions, exclusive 'or' and inclusive 'or', and as a date separator. A slash in the reverse direction is known as a backslash. Slashes may be found in early writing as a variant form of dashes, vertical strokes, etc.
Guernsey pound
The pound is the currency of Guernsey. Since 1921, Guernsey has been in currency union with the United Kingdom and the Guernsey pound is not a separate currency but is a local issue of sterling banknotes and coins, in a similar way to the banknotes issued in Scotland, England and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also sterling area). For this reason, ISO 4217 does not include a separate currency code for the Guernsey pound, when distinction from sterling is desired the abbreviation GGP may be used.
Jersey pound
The pound (Livre de Jersey, Jèrriais: Louis de Jersey; abbreviation: JEP; sign: £) is the currency of Jersey. Jersey is in currency union with the United Kingdom, and the Jersey pound is not a separate currency but is an issue of banknotes and coins by the States of Jersey denominated in sterling, in a similar way to the banknotes issued in Scotland and Northern Ireland (see Banknotes of the pound sterling). It can be exchanged at par with other sterling coinage and notes (see also sterling zone).
Silver standard
The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. Silver was far more widespread than gold as the monetary standard worldwide, from the Sumerians 3000 BC until 1873. Following the discovery in the 16th century of large deposits of silver at the Cerro Rico in Potosí, Bolivia, an international silver standard came into existence in conjunction with the Spanish pieces of eight. These silver dollar coins played the role of an international trading currency for nearly four hundred years.
Hong Kong dollar
The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong.
£sd
£sd (occasionally written Lsd, spoken as "pounds, shillings and pence" or pronounced ɛl.ɛsˈdiː ) is the popular name for the pre-decimal currencies once common throughout Europe, especially in the British Isles and hence in several countries of the British Empire and subsequently the Commonwealth. The abbreviation originates from the Latin currency denominations librae, solidi, and denarii. In the United Kingdom, these were referred to as pounds, shillings, and pence (pence being the plural of penny).
Sterling silver
Sterling silver is an alloy composed by weight of 92.5% silver and 7.5% other metals, usually copper. The sterling silver standard has a minimum millesimal fineness of 925. Fine silver, which is 99.9% pure silver, is relatively soft, so silver is usually alloyed with copper to increase its hardness and strength. Sterling silver is prone to tarnishing, and elements other than copper can be used in alloys to reduce tarnishing, as well as casting porosity and firescale. Such elements include germanium, zinc, platinum, silicon, and boron.
Kingdom of Scotland
The Kingdom of Scotland (Rìoghachd na h-Alba; Kinrick o Scotland, Kongungdum Skotland) was a sovereign state in northwest Europe traditionally said to have been founded in 843. Its territories expanded and shrank, but it came to occupy the northern third of the island of Great Britain, sharing a land border to the south with England. It suffered many invasions by the English, but under Robert the Bruce it fought a successful War of Independence and remained an independent state throughout the late Middle Ages.