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Old Uk Money 1969
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Old Uk Money 1969
A pile of " old" United Kindom currency, including pound notes shillings and copper coins before Decimalisation occurred on 15 February 1971
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Media ID 596078
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10140707
1969 1971 Coins Copper Currency Decimalisation Including Money Notes Occurred Pence Pile Pound Pounds Shillings
EDITORS COMMENTS
This evocative image showcases a substantial pile of "old" United Kingdom currency from the late 1960s, just before decimalisation took place on 15 February 1971. The stack includes a variety of pound notes, shillings, and copper coins, offering a glimpse into the monetary landscape of the time. The pre-decimalisation currency featured pounds, shillings, and pence, with twelve pence making up one shilling and twenty shillings equaling one pound. The copper coins, in particular, were a common sight in everyday transactions before decimalisation. These coins, which included the halfpenny, penny, threepence, sixpence, and shilling, were gradually phased out after 1971 in favour of the new decimal currency. The pound note, however, remained in use until the introduction of the polymer banknotes in 1994. The historical significance of this pile of currency lies in the fact that it represents the transition from the old system to the new one. Decimalisation was a significant event in the economic history of the United Kingdom, as it simplified the monetary system and made it more consistent with the international system. It also led to the withdrawal of many familiar coins and notes, making this image a poignant reminder of a bygone era. The 1960s were an era of social and cultural change in the United Kingdom, and this image offers a tangible connection to that period. The pile of currency in the photograph invites us to imagine the stories and transactions that took place before decimalisation, adding to the rich historical narrative of the United Kingdom.
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