History of the threepence the possible advent of a decimal currency at the time (see florin), when the 3d at 1/80th of a pound would not have fitted within a decimal system). Currency silver threepences from 1838 to 1926 were of identical design and cannot usually be distinguished except in the best conditions when the higher striking standard of the maundy coins stand out; this resulted in the curious legal anomaly that when the currency was decimalised in 1971 "all" silver threepences from 1870 onwards were revalued at three new pence, not just the maundy coins. Threepences were produced with both the "young head"
Penny (British pre-decimal coin) pennies" means specifically eight individual penny coins. Before Decimal Day in 1971 twelve pence made a shilling, and twenty shillings made a pound, hence 240 pence in one pound. Values less than a pound were usually written in terms of shillings and pence, e.g. 42 pence would be three shillings and sixpence (3/6), pronounced "three and six". Values of less than a shilling were simply written in terms of pence, e.g. eight pence would be 8d. This version of the penny was made obsolete in 1971 by decimalisation, and was replaced by the decimal penny, worth 2.4 old pence. The