Several countries use currency called a pound, but Britain is by far the most recognized one in the US. However exchange rates change every day so any answer posted here would be out of date almost immediately. While it's not normal WikiAnswers policy to say "use the internet", that's the best approach in this case. You can check a site such as www.xe.com, CNNMoney, etc. for the latest conversion factors.
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A sixpence was worth 1/40 of a pound so it would be worth about $.04. (1/40 of $1.61)
this site has some information on this question: http://everything2.com/index.pl?node_id=1086957 I just cashed in 9.1 pounds of mixed changed and it was worth $101.13. Therefore a pound of loose pocket change is worth $11.11.
A US "penny" is actually a 1 cent coin, worth 1/100 of a dollar. A British penny (the coin's official name) is worth 1/100 of a pound sterling.
The value of a pound fluctuates. Use the link to a currency converter that will tell you what the pound is currently worth against other currencies.
1 US Dollar = .66 UK Pound