Fourpence (British coin) Fourpence (British coin) The pre-decimal fourpence (4d), sometimes known as a groat (from Dutch "grootpennig" = "big penny") or fourpenny bit, was a coin worth one sixtieth of a pound sterling, or four pence. The coin was also known as a joey after the MP Joseph Hume, who spoke in favour of its introduction. It was a revival of the pre-Union coin. Before Decimal Day in 1971 there were two hundred and forty pence in one pound sterling. Twelve pence made a shilling, and twenty shillings made a pound. Values less than a pound were usually written in terms of
New Zealand ten-cent coin former pre-decimal pound currency, pegged to the British pound, was changed to a decimal dollar at a rate of two dollars to a pound. Therefore, 10 cents was worth a twentieth of a pound. The 10-cent coin replaced the shilling coin. The coin was made of cupronickel, 23.62 mm in diameter, and weighed 5.66 grams. It included the word "shilling" for the years 1967, 1968 and 1969; this was dropped in 1970. On 31 July 2006, the new 10-cent coin was released alongside the new 20-cent and 50-cent coins as part of the Reserve Bank's "Change for the better" silver