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Old penny sterling
Posted by admin on September 5, 2008 , No comment
Old pence is the term used in the United Kingdom to describe the pre-decimalisation unit of currency, the penny.
The abbreviation used when writing old penny amounts was d - from the Roman denarii; thus, 3 old pence was written 3d. The value of an old penny was 1/240 of a pound sterling. This coin was substantially larger in size than the American or Canadian cent, although it had a similar value, since the devaluation of the pound sterling in 1949.