WQPH Correction I Sent And Reply From Lowell Sun

A. Joseph Ross joe@attorneyross.com
Thu Oct 27 16:40:22 EDT 2011


On 10/27/2011 4:26 PM, Scott Fybush wrote:

> It was decimalized in 1970, replacing the old "LSD" system (1 pound = 
> 20 shillings = 240 pence) with a simpler decimal system in which 1 
> pound = 100 new pence. There were some points of equivalency between 
> the old system and the new: the old shilling, 1/20th of a pound, 
> became the 5 new pence coin with the same specifications, while the 
> old florin (2 shillings = 1/10th of a pound) became the 10 new pence 
> coin with the same specifications. For many years thereafter, you'd 
> find pre-1970 florin and shilling coins still in circulation alongside 
> the 10 and 5 new pence coins; the coins were resized a few years back 
> and the older versions taken out of circulation.

The effective date of decimalization was 15 February 1971.  See 
http://en.wikipedia.org/wiki/Decimal_Day

-- 
A. Joseph Ross, J.D.             617.367.0468
92 State Street, Suite 700       Fax: 617.507.7856
Boston, MA 02109-2004          http://www.attorneyross.com



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