Hi ladies, since this video was produced we now have new £20, £10, and £5 notes they are now plastic! And the pound coin now has 12 sides to it. 😊 We very rarely use £50 pound notes because there were that many fakes so they are hardly used.

Also , forgot to mention:- £ - pound, a fancy way of writing L - latin libra s - short for solidus, a Roman unit of currency d - short for denarius, also a Roman unit And that is why another term for money was Lsd! Not to be confused with a certain psychoactive substance!

I don't know if you guys know this but when we walk into a shop and the item says £1, you hand over £1 at the checkout. Our tax is included in the price. When I've gone to the US it infuriates me that tax is added at the checkout as I never know how much extra I need.

I’m a Brit and I’ve never heard of the term ‘folding stuff’

Please read: Hi everyone! We hope you liked this episode. We know this video is 5 years old & a bit out of date but the basics of the currency we finally understand! We don't need more comments telling us it's out of date, we get it! Your comments are always helpful so please check before commenting that the same comment isn't posted 100 times already. And please remember no video will ever cover any one topic 100%. Please Like the video & thanks for being you! ❤

I was nine when decimalisation happened. I actually prefer the old £/s/d system because twelve is divisible by more numbers than ten. There's loads more slang terms for notes and coins (for example the old 6d coin was a "tanner", a 12d coin was a "bob", hence a ten shilling note was commonly called "ten bob"). Slang terms for money can be fun (£10 = "a cockle", £25 = "a pony", £500 = "a monkey", etc) and constantly evolving. Recently I note that £1000 is now commonly referred to as "a bag".

My dad used to tell me off for saying 50 'P'. "It's pence!" He'd say!! 😂 Who remembers the half pence?!

To my mind, 5 pennies would mean 5 separate 1p coins whilst 5 pence would mean any combination of coins that add up to 5p. £50 notes exist but are rarely used and a lot of shops won't accept them. Also, the notes being shown are well out-of-date as all our notes are now polymer [plastic] rather than paper.

If she made a video about currency why wouldn’t she make an effort to get all the notes and coins? Also she didn’t mention the images on the back of the coins making the Royal Shield. We still have gold sovereigns and half sovereigns but they are usually made into jewellery or saved in collections in the hope gold prices will increase.

Different sizes and different colours to help visually impaired people. There are also raised nodules for the completely blind to recognise the different notes

They say that a handful of coins from the old currency could have had coins that were well over 100 years old and had included the heads of the monarchs spanning that time. Bit of a legacy to lose, but our coins still go back 50 years I suppose

A farthing used to have a wren (a small bird) on the obverse side. Also interesting fact, see how the queen faces left, on coins, it alternated for different monarchs, so her dad was facing the other way as will Charles.

She didn't give you the slang terms for the old currency: a shilling was referred to as a bob, a sixpence was a tanner and a threepenny piece was called a thrupny bit (also used in rhyming slang). There were also slang terms for amounts of pounds:, a pony is £25, a ton is £100, a monkey is £500, just so you could be more confused!

Interesting fact if you measure the modern coins which have "flats" on the edges they actually measure a constant diameter, also the old symbols for Pound, shilling and penny were £sd or Lsd the term £sd (or Lsd) for pounds, shillings and pence referred to the Roman words libra, solidus, and denarius.

There is a lot of information missing, in what we call “old money” the three penny coin was pronounced Threp-knee or thrup-knee not three-penny and a two penny coin was called a tuppance! A shilling is also know as a bob, and a florin was also call two bob and then like shillings you’d say give us 10 bob or can I borrow 15 bob! There is also a number of slang words for new money, £20 is a score, £50 is a bullseye. That is the biggest note in circulation although there has been a note of a billion pound butt for transfers between banking establishments. We also have slang for amounts that are not bank notes, a pony is £25, £100 is called a ton, £500 is a monkey and £1000 is a grand or a bag of sand, some of these were originally regional but have become quite widespread now!

This video is part of a set of learning videos for English Language learners that's why she is explaining things slowly and simply. They're very good

The currency symbol for the US japan and the UK follow the same rule the letter has two lines drawn through it, Y for the Yen, S for the dollar and L (Libra) for the pound. Libra is the Latin for pound. By the way, the S in the dollar symbol comes from the coin being made of silver. The story is a bit more complicated but that is essentially what it boils down to.

Current currency is know internationally as GBP, (Great British Pounds) "We don't have a £50 note" - She means "I don't have one to show to you". The pound coin shown is out of date, they are now 2 tone with silver middle, as is the £2 coin. We do have a 10p coin, but she didn't have one to show. Canada by the way uses notes and coins of the same denomination as Britain and very similar designs. There is no special sign for a quid, it's just a slang term. The old currency - Pounds, Shillings and Pence = £SD where the old penny was denoted with a d, So your sixpence would be 6d or a sixpenny piece. I left school in 1971, so all through school we used and learned the old coinage and the new system came in in the year I left. We used to be able to buy 8 chewy sweets for 1d so the farthing still had a bit of use up until 1960 when it was withdrawn.

I've literally just noticed why the old victorian bicycle was called a Penny farthing (penny -large wheel at the front, farthing - little wheel at the back) man do I feel dumb!

If you've ever heard the rhyme for weddings of something old, something blue etc, well it goes further then what most people know. It's from a 19th century English rhyme that goes 'something old, something new, something borrowed, something blue and a sixpence in your shoe'. The sixpence is supposed to bring prosperity to the newly weds. So you can buy them in the UK still, so brides can put them in their shoe!

We also had a coin called a crown, worth 5 shillings. So, a half crown (as mentioned in the video) is worth 2 and a half shillings. When decimilisation came in, the pound went from 240 pennies to 100p (pence) so an old sixpence (aka a tanner) became 2 and a half p. 10/- (shillings) became 50p, and you can't blame the Romans for this. My Dad used to carry loose change in his trouser pockets so he always made a jangling sound when he walked about. Natasha - you could probably find a sixpenny piece (6d) on an on-line auction site if no-one sends you one

That's the old notes. The new ones are a kind of plastic. It's a digital world now. I pay contactless with my phone for everything. Haven't really touched money for more than 2 years.

$100 is about £60 so there wouldn’t be much point having a £100 note, plus chip and pin and now contactless have long been way more widespread for much longer than the US so we’ve been more of a cashless society than the US for much longer. I think our divisions of money are absolutely spot on for being able to cover most combinations while generally minimising the amount of notes/bills you need

Hi Natasha and Debbie. Quick bit of useless information, you can arrange all the coins in a pattern and the backs of the coins will form one big shield.

I’m in my fifties never heard it called the folding stuff! There are lots of slang terms for money in the UK, some of the top of my head, Brass, Smackers, Wonga.

This video has an amusing call back to another of your videos. Threepence coins were also known as 'thrupenny bits' which is rhyming slang for parts of female anatomy.

That picture is amazing and well done Linda it's a little bit ofa cross between Freddie and Jim Morrison 😀 but still excellent xx

Couple of fyi’s. 1. the very old silver 3pence pieces were traditionally put in the Christmas Pudding (or older name figgy pudding) the person who found it was thought to have good luck (only if they didn’t choke on it of course) 2. Where you may have heard of a Farthing was from the old bicycle named Penny Farthing (big wheel at the front tiny wheel at the back.

I never understood the old coinage so was glad when the new coinage came in. A quid is also called a nicker.

just as a note, the actual money shown in this video you watched is out of date, all of our notes are now plastic, not paper, and the pound coin shown in the video is no longer legal tender, the 'new' pound coin has a multi sided design and the same colour scheme as the £2 coin, with a silver center piece and golden edge to the coin, and the 'famous people' on the backs of our notes have all been changed from these ones shown, as a side note, you can also get commemorative £5 coins from the royal mint, which are legal tender if you're desperate for cash and have one that you got as a present or something, but they are only found as rarities due to them being mostly as a 'show' item and not really used in day to day use.

I was in secondary school when we switched from £"s"d to pounds and pence. Yep, 12 pennies to the shilling and 20 shillings to the pound (a guinea was 21 shillings, still in use when I was a lad) was cumbersome, but this was before the oil crisis of the early 70s, when prices went ka-boom, and pennies could buy stuff. My first ten shilling note was an amazing achievement. When I progressed to university, pound notes were referred to as 'Beer vouchers'. The sixpence was half a shilling and went out with decimalisation. Current value would be 1¼p.

There are also Scottish & Northern Irish notes with different colours & pictures on the back

Well I understood the first half of that, but as I was born in 1970 and learned money after decimalisation, I too understood nothing about the old money. The only thing I know about the old money is that the notes (paper money) were white. As for learning about other country's currency in school we didn't learn that much either we were taught that America used dollars and cents, but I have no idea what a nickle or dimes are or what they are worth. As a lot of your viewers are from the UK perhaps you could do a video and explain your money? I know I would watch that. But that's not saying much as I have watched and will continue to watch all of your videos. LOL Much love to you both as I eagerly anticipate you next video. ❤️❤️❤️

We now have new notes. They're the same currency but new designs. And also our quid is now a different shape. Keep up the good work ladies. X

Tis true! £50 notes a lovely red colour (if you are dealing with large amounts as payment, you tend to get them) - but rarely seen. We would never really say "x" pennies, but "x" pence. It shorter and comes out of the mouth much easier. I am old enough to remember the pre-decimal currency (though living in Kenya!) My favourite - was the three penny coin, the "thruppenny" bit. Old money was much more fun, but really confuses the younger generation! The new silver 5p coin is similar in appearance to an old six pence. Fun stuff.

As an Englishman in his 60's, I can say from my experience that one of the benefits of being at school during the pre-decimalisation "old UK money" days, was that most school pupils developed slightly more nimble life-long mental arithmetic skills than today's youngsters. Decimalised currency arrived in February'71, roughly at the same time as the use of the metric system was being slowly introduced for weights and measures. I do find it interesting that the US has had a decimal currency Dollar since its outset, yet still retains the usage of Yards, Feet and Inches for meaurements, & Gallons (of the US type) for petrol/ 'gas' purchases??

what's interesting about the term Quid for a pound is that unlike Buck we never use the plural. Whereas you would say 50 bucks for 50 dollars we would say 50 quid for 50 pounds, we'd never say 50 quids. there's no such word as quids it's only ever quid. it's a singular word and a plural word in one. A bit like sheep. You'd never say I saw 3 sheeps in a field you'd say I saw 3 sheep. Plural and singular in one word.

One interesting thing about British notes - if you have an old note, even a 300 year old note, you can take it to the Bank of England and they will exchange it for one which is legal tender now.

Worth noting that whilst those are old bank notes. They had raised areas to more visually impaired users can fell the difference. The current bank notes are plastic and see through in places. The new bank notes also have raised markings in one corner. On the side with Her Majesty's face on, in the top left. The five pound note (fiver) has no tactile raised area, whilst the ten pound note (tenner) has a cluster of four raised dots in a square and the twenty pound note there are three clusters of four raised dots in a square, mounted above each other going from the top left and down.

This is where your cockney rhyming video is useful. The most widely recognised Cockney rhyming slang terms for money include ‘pony’ which is £25, a ‘ton’ is £100 and a ‘monkey’, which equals £500. Also used regularly is a ‘score‘ which is £20, a ‘bullseye’ is £50, a ‘grand’ is £1,000 and a ‘deep sea diver’ which is £5 (a fiver). Less well used slang terms include ‘Lady Godiva’ for fiver and ‘Ayrton Senna’ for tenner. ‘Cock and hen’ or ‘cockle’ is also used for £10, whilst £1 might be referred to as a ‘nicker’, a ‘nugget’ or if you’re going retro, an ‘Alan Whicker’.

I was 10 in 1971, and I had to teach my parents and Grandparents the new decimalised currency. They didn't have a clue, and were confused, even though it was so much easier.

Great episode - very entertaining and informative! Brings back memories of the change to decimalization in '71. And so glad you like the scarf! :)

The most widely recognised Cockney rhyming slang terms for money include 'pony' which is £25, a 'ton' is £100 and a 'monkey', which equals £500. Also used regularly is a 'score' which is £20, a 'bullseye' is £50, a 'grand' is £1,000 and a 'deep sea diver' which is £5 (a fiver).10 Jan 2018

Hate to criticise the lady doing the subject video but you would have thought she would get all the coins and notes to show, lol. Loved how amazed you were by the way :-)

Also, on our coins there's one cool aspect too. If you have the rights ones (as designs will differ on coins), each have a section of a shield on them as part of their design, and when you put them together in the right way, they make a whole shield (or a coat of arms). Well thought out! One thing to add, our £1 coin has changed since that video - it remains a similar size, but now has 12 edges which makes it harder to make fakes. It has a small silver piece in the middle, and remains the same gold-ish colour on the outside (like the £2 coin). We do also have £50 notes, but usually hard to come by, and not many people use it. When (or if) we do use it, some wont accept them because so many may be fake, or are very wary of it, and like to check with their managers on if they can accept it.

She didn't really go into the slang for pre-decimal currency, apart from the ubiquitous quid. There's "bob" for shilling, e.g. two bob or a ten bob note, "ha'penny" for halfpenny, "thru'penny bit" (or "thruppence") for threepenny, and "half a nicker" for ten shillings. To complicate things further, there were ways of expressing prices, like "fourpence ha'penny" for 4½d. (She forgot to mention that 'd' was the abbreviation for penny.) A price might be written as £2 12/1½, which would be said as two pounds, twelve [shillings] and a penny ha'penny. Don't worry, any Brit under the age of 50 would be as confused as you! There's a great US Army training film on KZfaq from 1942, in which Lloyd Bridges tries to explain all of this in a pub, but gives up and recommends just putting all your change on the bar and letting the barmaid take the right amount. (Before you ask why it was so complicated, though, ask yourselves why you still use Imperial/US weight and measures long after we wised up and converted to the metric system!) Another term for coins, especially the copper ones (now actually made of steel), is "shrapnel" as they're not worth much but you tend to acquire a lot of them because items tend to be priced to 99p rather than rounded up to the nearest pound. Covid has hastened the use of cashless transactions, thankfully, so pockets worn out by excessive loose change are becoming a thing of the past! BTW, the reason for the currency units going down as far as a farthing is that, prior to the 20th century, a pound was a considerable sum of money and most workers would only be paid a shilling or two per week. Thanks for another great video!

Hi, I'm 68 and live in Wales. I was brought up with the old REAL money!! People these days don't know how we pronounced those words so, I thought I'd help. pennies from 1-11 were said as 'a penny, twopence ( said as tuh-punse), threepence (thru-punse) or a 'threepenny bit', frourpence, fivepence, sixpence and so on. Pence is said as punse which rhymes with the u in thrust! Almost like we a say a for a dog a bone. A halfpenny catches everyone out these days. We said haypunny! So remember when you get your sixpence that it was a six punce!!

A Quote from 'Good Omens' by terry Pratchett. “NOTE FOR YOUNG PEOPLE AND AMERICANS: One shilling = Five Pee. It helps to understand the antique finances of the Witchfinder Army if you know the original British monetary system: Two farthings = One Ha'penny. Two ha'pennies = One Penny. Three pennies = A Thrupenny Bit. Two Thrupences = A Sixpence. Two Sixpences = One Shilling, or Bob. Two Bob = A Florin. One Florin and One Sixpence = Half a Crown. Four Half Crowns = Ten Bob Note. Two Ten Bob Notes = One Pound (or 240 pennies). Once Pound and One Shilling = One Guinea. The British resisted decimalized currency for a long time because they thought it was too complicated.”

In Scotland we sometimes say five quid or ten quid also for £5 or £10 same for any amount actually e.g. thirty five quid for £35 pounds. .

Keep your spirits up and keep pushing forwards ladies! ❤️🇺🇲🇬🇧🇺🇲🇬🇧❤️

Wow beautiful picture of Freddie 😍 what a gift.

I am in my 70s and I remember using farthings. There were 2 types of sixpence, one was made from nickel and one was made of silver. A lot of people prize the silver ones to put into a Christmas pudding as the silver did not contaminate the pudding. Nowadays if you find a silver sixpence in your bit of pudding you would swap it for a prize and the silver coins would be re-used year after year. There was an early model bicycle which had a very large front wheel and a very small back wheel which was called a Penny Farthing because it looked like the two coins.

Love the Union Jack apparel it suits you! For the visually impaired in the UK they notes have a series of braille dots on one side, one set of dots on the £5, two on the £10, and three on the £20, I believe the £50 has four sets of dots, but have never seen a £50 in a long time. Our currency before we joined the European community was based on the 12th everybody else in Europe was based on 10. The sixpence you keep mentioning was half a shilling, we had 1p, 3p, 6p (sixpence), shilling (12p), £ (240p), we also had a Guinea which was £1 and one shilling, today's Guinea is the equivalent of £1-05p (105p). After joining the European community in 1971 our money went to base 10.

And to confuse things even further, Scottish cash is the same numeracy but different pictures on the paper notes, dependant on which bank made it

Another fact not mentioned is how our coinage matched by weight. Until 1971 two farthings weighed the same as one halfpenny, and two halfpennies weighed one penny. Similarly the one shilling was half the weight of the florin/two shilling/two bob coin. After 1971 the same was done with the 1p and 2p coins, and also the 5p and 10p coins or pieces. The old style half-crown (2s6d) weighed the same as 5 sixpences, two shilling coins and one sixpence, or one florin and one sixpence. Before coins became what they are today they were pressed out in the same fashion as sealing wax and often had jagged edges. Conmen would debase the coinage by cutting off these edges so that the coin was now underweight and no longer matched its face value.

I can understand your confusion about pounds and quids, until I visited the states I thought I had to bring stags with me into the shop when I made a purchase.

I enjoyed that Ladies.240 OLD PENCE in a £ was too cumbersome and would weigh down some purses...lol....so 20 Shillings in an old pound and 12 old pence in one shilling meant 20x12=240 OLD PENCE in a Pound (£) I had to serve in a major London store on the first weekend after a lifetime's currency change for some people in 1971 as a 17-year-old schoolboy "Saturday Assistant ".Luckily, Maths is my strong point but it was still chaotic.:) In London Cockney Rhyming Slang a £1 is a "nicker" or an "Alan Whicker" who used to be a famous World English Traveller introducing to the rich and famous around the World:)

We have £100 notes in Scotland. Scotland produces its own notes and we use them as well as the bank of England notes. Its very difficult to use Scottish notes in England as they don't really recognise them and often refuse to accept them even though they're legal tender. If I give my nephews money when they come up on holiday (my brother and his family live in Wales) I have to make sure I give them English notes to take home with them.

Another slang that the video doesn't mention is a slang for £1000, which would be a "grand". One pound coins have actually been redesigned since this video was made (about 2017, I think). They're now a made up of two different metals; a silver interior with a bronze rim. They're a lot prettier, now. When I was a child, they were just a kind of ruddy bronze. In Scotland, we have our own notes, but they're considered legal tender and have the same value. In Scotland we also have a £1 note (which I saw she had written on the board, but she didn't talk about it), although they stopped making new ones in 2001, the ones still in circulation are legal tender. Although it's very rare to see them.

In Scotland they have a £100 note but generally people here often pay using (debit/credit) plastic. So the only place you'll get £50 notes are through a bank teller, and that's if your taking out a large cash amount. Scottish currency is legal tender in England but they have their own notes and they're issued by 2 banks as opposed to the Bank of England

Elizabeth Fry was a Quaker and prison reformer but she was also part of the Fry's chocolate company. They produce stuff like Fry's Turkish delight and Fry's chocolate cream. I could be wrong but i think Mr Steven Fry is a distant relative. keep the good work on the channel. It is good to you take on tough subjects.

She’s a bit confused about why we decimalised - it had nothing to do with joining the EEC. It had been considered for a long time and the process was begun for real in the early 60s. The florin coin was introduced in 1849 as an experimental early effort at decimalisation, denominated “one tenth of a pound”, but the process didn’t go further for over a century. Other countries with an £sd-based currency decimalised in the previous decade - South Africa in 1960, Australia in 1966, New Zealand in 1967, though they split their pounds into 2 rand or dollars of 100 cents, so a cent was only worth 20% more than an old penny. Ireland decimalised the same day we did, 15th February 1971. On the penny/pennies/pence thing, the 1p coin is a “penny’; if you have 5 of them you have five pennies but the total value you have is five pence.

I was born in 1965 so don't remember that much about the 'old money', but what I do remember is my grand dad giving me a sixpence, a little silver coin to buy sweets on the way home from visiting him, a lovely memory as he died when i was little.

The bank notes she's showing are Bank of England notes. There are seven banks in Scotland and Northern Ireland that issue their own bank notes, which look very different.

Scotland has its own notes as does Northern Ireland and the Isle of Man and the Channel Islands.

I think Brian May gets his 6 pence coins specially made these days. Love the picture of Freddie! 😍

I've built a small collection of pre-1971 British coins, recently. Mainly from my mother's old collection and then I bought some more to make up for any missing. I absolutely love them and lament that we fased them out. It seemed like a much better system than the decimal. Simple doesn't mean better. They give off this aura of a simpler time, when a pound was considered a fair sum of money and a couple of coins in your purse/pocket could get you quite a long way.

We used to have £50 notes but hardly any shops would accept them

The old 6 pence (6d) pieces were still available until 1980 and I think just before they were withdrawn Bryan Mays guitar tech went to the bank and got a big bag of 6 pence pieces. Don't know how many he's got left, but he's still playing.

I'm still watching but I'll comment now :). £100 notes do still exist but I think at this point they are only issued in Scotland and nobody uses them, if you were to try and spend one chances are you would get rejected. Even the use of £50 notes are fairly rare. That also brings me to the issue of Scotland and Northern Ireland where banks in those countries print different versions o the currency. This leads to a lot of controversy when you try and spend one of those notes in England and Wales where people are less used to seeing them in daily life. The notes can be spent anywhere in the UK but getting them accepted can be a challenge. Crown dependencies also print their own notes and they can look very strange to us!

In 1971, on the day that we changed over to decimal currency, I was working at my part-time job in the local hardware store. I was still at school and just coming up to eighteen. We had an enormous conversion chart on the wall behind the counter, partly as an aid to our customers and partly to reassure them that they weren't being ripped off. There was a lot of suspicion regarding decimal currency. It was suspected, often quite rightly, that retailers would use the change to round prices up. For a long time people were still mentally converting and saying things like "good Lord, that's nearly fifteen shillings!".

Here is a comparison of values between Old £/s/d and New £/p. The direct comparisons that can be carried over for a single coin are :- 1s = 5p, 2s = 10p, 10s = 50p. New coins and their old equivalent values are :- 1p = 2.4d, 2p = 4.8d, 20p = 4s Old coins not carried over :- 1d, 3d, 6d, Florin, HalfCrown, Crown, Guinea. Technically 3d = 1.25p, 6d = 2.5p, HalfCrown = 12.5p, Crown = 25p and Guinea = 105p. As we did not want fractions of coins it is easy to see why these were discontinued.

Scotland also had £100 that you could use anywhere in the UK, the largest english note was the £100,000,000 (one hundred million pounds)

Many families have a silver sixpence which passes down through the family, it’s purpose is for a bride to wear in her shoe for luck on her wedding day.

Nice video ladies. The notes and some of the coins have changed since this video was made. The notes are no longer paper but are now polymer which makes them last longer if you find them in you washing machine. The symbol we use for the pound is £

I'm 36, always lived in the UK and don't remember ever learning about old money...so confusing!!

In London you just need to make sure debit card is contactless. You just tap and go for everything, up to 100 quid a day. There is one busker where you can tap 50p as you walk by.😀

I don't know if this is true, but have read/heard that the Royal Mint still produces a very small quantity of 'sixpences' especially for Brian May to use as plectrums! Incredible Huh? The Weatherman Walking is also on KZfaq and covers lots of the UK if you are interested.

Hey Ladies, Quid is like your buck. If I say quid that's a pound but you can use for the notes as well so 5 quid, 10 quid etc. £50 is the highest note here but many places are reluctant to accept them due to counterfeit issues. To be honest though I rarely use cash now as the UK has a great system of contactless payment that allows payment by tapping your bank card. They used to limit this to £20 purchases but think it's £100 now!

I just missed out on the Pounds, Shillings and Pence. I was born in 1972. My mum tried teaching me, but I couldn’t grasp it.

£ is the sign for a pound Sterling. A ‘sixpence’ is half a shilling (worth 6 old pennies).

The video missed one of the most interesting points about the old currency. Notice that the coins were followed by a d and not a p. The d stood for denarius, plural denarii, the currency in Roman times.

We Brits love to do things which complicate the rest of the world, but with the currency, we used to confuse ourselves. Confusion was especially rife on 15 February 1971 which was "Decimal Day", when shops had to convert to the decimal coinage. To help the transition, the government introduced the 50pence coin in 1969, and everybody referred to it as the "ten Bob bit", (Bob being the colloquial term for a shilling) Some coins were withdrawn from circulation from 1971, but because the shilling and the new five pence coin was the same size, and the two shilling coin and the new ten pence piece were also the same size, these were kept in circulation for a couple of years longer than the other pre-decimal coinage. Incidentally, the five pence and the ten pence and the fifty pence coins have subsequently been reduced in size. In 1971, all of the new "decimal" coins were minted with the suffix "new pence", and we referred to the prices in the shops as "new pence" or "NP" to differentiate the new currency from the old. (The written price for a penny in pre-decimal coins had the suffix "d"). The term "new" has now been dropped from our minted coins. Finally, just to confuse you even further, in pre-decimal days, even though there was never a two penny coin, two pennies was called "tuppence", a term used quite often in the original Mary Poppins movie, especially in the song "tuppence a bag", you may note that in the film, Michael Banks had to use two big penny coins. The next coin up from the penny was the "thruppenny bit" (3d), but that was quite a small coin, and wouldn't have had the same visual impact of seeing two huge copper coins in his little hands.

There were a couple of things not mentioned in the video. Any money printed or coined in the UK has the head of the reigning king or queen on it. Until decimalisation in 1971 our money, particularly the harder wearing coinage, had the faces of several former monarchs, George V, George Vi and Elizabeth II being the most common. Because Elizabeth became queen in 1952 and the reorganisation of our money took place in 1971, she appeared on our "old style" money until then, but is the only face to be seen on our currency now, and will be until Charles succeeds her and some more is minted. A Farthing (quarter penny) got its name from one fourth (fourthing, forthing, farthing), while the three penny coin was commonly known as a thrupenny bit, and the 6d coin was a sixpence or tanner. Shillings were also called 'bobs', so you could have one bob, two bob, five bob, or ten bob. Ten bob or ten shillings was also the value of the smallest note pre 1971. There are a couple of theories how a shilling became known as a bob. The first is that it has its origin in skell which was german for ring, and bob was a set of changes on church bells. The second refers to former Prime Minister Robert Walpole who gradually reduced Land Tax to 1 shilling, making him quite popular. It is generally accepted that Quid comes from quid pro quo (translation: give something, get something). The term Florin comes from a gold coin minted in Florence, Italy which became the dominant coin for trading in Western Europe.

And you called the flag by its correct name. 'The Union Flag.' Another great video girls.

She missed out sovereigns and half sovereigns which are gold and still produced in limited numbers,the face value is £1 but they are worth much more,Guineas and half guineas were also made of gold. Lindybeige has a video out on why the old currency made much more sense,he has a quirky sense of humour.

I miss the old money. Each coin kinda had a personality. I still remember using farthings. 😄 Pocket money looked like a small fortune in old pennies, a real heavy handful. You can still acquire old coins for a personal collection. So, Brian May will have an easy supply if he loses one. 🥰

Guineas were £1 and a shilling - an extra 5%. Things like horses were priced in Guineas, because it automatically included the commission for the agent.

Allow me to now confuse you. Northern Ireland and Scottish banks each issue their own bank notes which are different to those issued by the Bank of England. In Wales the penny is often referred to as a cent (e.g. On car park payment machines). In pre 1971 currency, the 3d was referred to as thruppence the thruppenny bit. Not true to say that decimalization was a condition of joining the EU.

Hey guys, I am really enjoying your videos, keep it up :D

That was funny when you waved at Jill and said hello! I do the same with you two! 😁👋

Hi Natasha and Debbie I'm in great Britain and have watched many of your shows and they're great funny and packed full of good information your both great fun witty and love a good laugh . Thanks for the entertainment and very interesting look at the USA and here in Britain and other countries around the world I do hope you get to visit your favorite counties towns and Islands soon .xx😍 clare

Remember, the people who railed against the introduction of decimal currency, did so because it was "Too complicated"...

I think the old lady was getting confused when she was talking about pennies and pence. Pennies are the coins, pence is the amount of money. If I had six pennies in my hand i would have six coins. If someone asked how much money I was holding I would say six pence unless they actually wanted to know how many coins I was holding.

When I was at Junior school (7-11 year olds) we had to know how to multıply 2Pounds 16Shillings and 6Pence (pronounced 2Pound 16 and 6) X 3Pounds, 5Shillings and 2Pence (tupence) (3Pound 5 and 2). Work that one out, it's one of the easier ones! lol. So funny to see how people (even English) react to the old currency! lol

Another great Video Girls. I remember having to learn the new Decimal system in school, as we were changing over from the old, Imperial system. It took some doing but is easier when you are a youngster. Brian May`s Guitar technician, goes searching the internet and old, flea markets for bags of old Sixpences for Brian to use , as picks. The Guinea, was used in the more, upmarket shops, were the more affluent person would go to buy things. The original Guinea coins, which were made of Gold, were minted from 1663- 1814 and Race horses are still sold in Guinea`s in Britain as a form of tradition, but it`s the equivalent amount in pounds.

You might hear a British person using the phrase "in old money" to describe any outmoded or nostalgic thing recalled from past times. Decimalisation was a really big deal in the 1970s and there were lots of public information clips on TV preparing people for it, explaining how it was going to work, and reassuring people they would get used to the new money and wouldn't lose out by the change. They even introduced some of the new coins a few years early so people could get used to the equivalence. As a child I often gad to help older people pay for stuff in the supermarket because they were confused by the new coins. The first decimal coins had "NEW PENCE" embossed on them until the early 80's. The example notes shown in the film are a little out of date too. They keep redesigning the notes to stay ahead of forgers, and the latest ones have Winston Churchill on the £5, Jane Austen on the £10, artist J. M. W. Turner on the £20. and mathematician Alan Turing on the £50. These are all Bank of England notes, but some Scottish and Northern Irish banks are allowed to print their own, which are legal tender throughout the UK (even though some English shops won't take them because they don't trust their ability to spot forgeries).

When I was a little girl, my mum would give me sixpence (written as 6d) as my pocket money. On a good day, I would get a shilling, which meant I could afford all the best sweets in the shop!

I was born in 1962 and was just getting used to the Old system of Pounds Shillings and Pence , when they went and changed it all!!! lol

We had A 50 pound note but they where counterfeited on a large scale plus shops would loose out on a lot of change giving for what the customer needed.