0
Still curious? Ask our experts.
Chat with our AI personalities
Taiga
Lao
BlakeAdd your answer:
Earn +20 pts
Pounds to pennies?
Ever since February 15th 1971, there have been 100 pence to the British pound sterling. Prior to that, the United Kingdom used the pre-decimal system, where there were 240 pence to a pound, there were 12 pence to a shilling, and therefore 20 shillings to a pound and the older currency has since been demonetized and in many cases has high collector value.
What do uncirclulated coins look like?
Uncirculated coins have no wear. They have not been used.
How long has silver been used for coins?
Silver has been used in coinage ever since coinage was made. The earliest coins were made out of an alloy of silver and gold. Silver, along with gold, have been used for coins ever since coinage was made in 700 BC or so.
How many types of coins are there?
Countries all over the world, past and present, have been producing coins for thousands of years. There would be millions of different types of coins.
When was the first quarter coin made?
The first 25¢ coins were minted in 1796 at the Philadelphia Mint. Despite Thomas Jefferson's plans for a fully decimal coinage (multiples of 2, 5, and 10) the 25 cent denomination was chosen instead of 20 cents to simplify making change with the Spanish "milled dollar" coins that had been circulating in the colonies along with British coins. Spanish dollars were divided into halves, quarters, and eighths so it was decided to use a 1/4 dollar coin for compatibility. Spanish milled dollars continued to be legal in the US until 1857 and by that point the quarter was so ingrained in the American coinage system that later attempts to replace it with a 20¢ piece failed miserably. By contrast, most other countries that adopted decimal coinage systems have 20 cent pieces rather than 25 cents.
