I don't remember seeing any previous discussion about this.It recently occurred to me to wonder what British currency might look like, had it never been decimalised; while the symbolism is likely to be consistent, I did wonder what denominations might be in circulation (given that, even after decimalisation, old denominations have been withdrawn and new ones circulated).
Might I please ask if there has been any speculation on this sort of thing, at any point?
Here's some thoughts from me:
- with 12d in 1s, by now 1d would be virtually worthless, so the lowest denomination coin might now be the thrupenny bit (¼ of a shilling, so 1¼ of a modern decimal penny); so there'd be no more pennies or ha'pennies;
- sixpences would still be used (equivalence to 2½ modern pence);
- the most commonly used low-denomination coin would probably be the florin (2s = modern 10p) but I suspect half-crowns (2/6 = modern 12½p) would probably go, as too similar in value (or maybe half-crowns would stay and florins go);
- crowns (5/- = modern 25p) would be another mainstay of low-denomination coinage, just as the decimal 20p (introduced in 1982) is OTL;
- 10/- notes (= modern 50p) would have been withdrawn in the 70s or 80s, leaving just the half-sovereign coins;
- £1 coins would have been introduced at a similar time to OTL (1983);
- £1 notes would have been withdrawn in the 80s or 90s (as OTL in England, though they're still in regular use in Scotland and, I think, Northern Ireland);
- £2 coins would also have been introduced at a similar time to OTL (1998);
- guineas (1/1/0 - £1 and 1s = modern £1.05) would be discontinued by the 80s at the latest;
- iirc, all pre-decimal notes were white, but I'd expect coloured notes to come in sometime in the 70s or 80s.
- £1 was 20 shillings (1/- or 1s) each of which was 12 pennies (1d), giving 240 pennies in the pound;
- prices/amounts could be written as £-s-d (e.g. £1-2s-6d) or with slashes (e.g. £1/2/6) - with the latter being more common for just shillings and pennies (i.e 2/6 was used much more than 2s-6d);
- the d stood for denarius and the s not for shilling but for solidus, while the £ is a stylised L and stands for libra - in other words, all based on Latin.
- prices/amounts could be written as £-s-d (e.g. £1-2s-6d) or with slashes (e.g. £1/2/6) - with the latter being more common for just shillings and pennies (i.e 2/6 was used much more than 2s-6d);
- the d stood for denarius and the s not for shilling but for solidus, while the £ is a stylised L and stands for libra - in other words, all based on Latin.