£sd these coins can still be found in circulation occasionally as 5, 10 and 20 cent coins. The last £sd bank note to cease to be legal tender anywhere in the world was the Isle of Man ten shilling note, which ceased to be legal tender there in 2013. £sd £sd (occasionally written Lsd, spoken as "pounds, shillings and pence" or pronounced /ɛlɛsˈdiː/ ell-ess-dee) is the popular name for the pre-decimal currencies once common throughout Europe, especially in the British Isles and hence in several countries of the British Empire and subsequently the Commonwealth. The abbreviation originates from the Latin currency
Legal tender Minister of Finance. The history of bank notes was considerably more complex. In 1840, the Union Bank of Australia started issuing bank notes under provisions of British law, but these were not automatically legal tender. In 1844, ordinances were passed making the Union Bank banknotes legal tender and authorising the government to issue debentures in small denominations, thus creating two sets of legal tender. These debentures were circulated but were traded at a discount to their face value because of distrust of the colonial government by the settler population. In 1845, the Ordinance was disallowed by the British Colonial office