Question:

Why 5pences circulated in 1968 pre decimal?

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Why 5pences circulated in 1968 pre decimal?

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4 ANSWERS


  1. To get ready for the change over.A 5p was equivlent to 1 shilling and the same size so could be used without problem as could 10p.


  2. They were called shillings then.

    I really don't understand what you are asking though.

  3. In 1968 the 5 new pence the 10 new pence and the 50 new pence coins were introduced into circulation before the general change over to decimal currency in 1971.  The 5 pence was exactly the same size and value as a shilling.  The 10 pence was the same size and value as a two shilling piece and the 50 pence coin replaced the 10 shilling note.  This enabled  people to get used to some of the new money before the switch over.  The old shilling and two shilling coins along with the sixpence (2.5p) remained legal tender for some years after other old coins were discontinued.

  4. you mean 'shillings'

    prior to 1971 (IIRC) we had LSD - Pounds shillings and Pence.

    the first 5 P pieces were the same size as a shilling.

    This was a massive change for people and there was a long run-up period before the final change.

    If they were around as early as 1968 (i dont recall the exact dates myself), it would have been to get people used to the change over

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