I collect used stamps world wide: any used stamp of this list is very much apreciated.
|← 1960 want|
1971 Decimal coinage1971 catalogue 1971 want
|1972 want →|
|The United Kingdom decimalised the pound sterling and Ireland decimalised the Irish pound in 1971. Before 15 February 1971, the British pound was made up of 20 shillings, each of which was made up of 12 pence, a total of 240 pence. With decimalisation, the pound kept its old value and name, and the only changes were in relation to the subunits. The shilling was abolished, and the pound was subdivided into 100 "new pence" (abbreviated "p"), each of which was worth 2.4 "old pence" (abbreviated "d").|