The earliest halfpenny and farthing (¼"d.") found date from the reign of Henry III. The need for small change was also sometimes met by simply cutting a full penny into halves or quarters. In 1527, Henry VIII abolished the Tower pound of 5400 grains, replacing it with the Troy pound of 5760 grains (making a penny 5760/240 = 24 grains) and establishing a new pennyweight of 1.56 grams, although, confusingly, the penny coin by then weighed about 8 grains, and had never weighed as much as this 24 grains. The last silver pence for general circulation were minted during the reign of Charles II around 1660. Since then, they have only been coined for issue as Maundy money, royal alms given to the elderly on Maundy Thursday.