Quarter farthing have a purchasing power of between 3p and 4p (£0.03 to £0.04). Quarter farthing The British quarter farthing (d) coin was a unit of currency equaling one sixteenth of a penny ( of a pound sterling). It was produced for circulation in Ceylon in various years between 1839 and 1853, with proof coins being produced in 1868. It is the smallest denomination of pound sterling coin ever minted. The coin is considered to be part of British coinage because it has no indication of what country it was minted for, being made in the same style as the contemporary half-farthing
Penny knife on an axle mounted through a steel-bolstered wooden handle. Penny knife The penny knife dates from the 18th century and was a very basic utility knife, originally with a fixed blade. It received the name "penny knife" for what it reportedly cost in England and America during the late 18th century: one penny. The famous "Fuller's Penny Knife" helped build the reputation of Sheffield, England, cutlers in the pre-industrial era of the early 18th century. The "penny knife" would later evolve into a very simple, mass-produced pocketknife with a folding blade, which pivoted freely in and out of the handle