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| | From: MarkGB5 (Original Message) | Sent: 1/1/2009 10:56 AM |
100 years ago today, on 1 January 1909, the first old age pensions were paid out in GB. The Old Age Pensions Act 1908 became effective in the New Year and provided a non-contributory payment to all people over 70 whose income was less than £31 a year. Individual claimants were awarded five shillings a week and married couples seven shillings and sixpence. |
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PENCE IS LIKE SAYING PENNIES HOBBS. THERE IS 100 NEW PENCES TO THEIR PD LIKE WE HAVE 100 PENNIES TO OUR DOLLAR. THE USE TO HAVE 240 PENNIES TO THE PD. HOWS THE SNOW DOWN THERE?? HAVE YOU BEEN ABLE TO USE THAT BROOM AGAIN?? SEEM SOME OF THE NEW YEARS CELEBRATIONS ON THE TUBE HERE NIGHT FROM TEXAS. ANIMALS, NOTHING BUT ANIMALS. LONDON AND SIDNEY HAD GOOD FIREWORKS DISPLAYS. IN TORONTO WE HAD THE JERSEY BOYS. |
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PBA my £ symbol is actually the # +shift key, figure 3 under . |
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NO EURO SIGN HERE ALSO MARK. BY THE WAY, WHAT DOES IT LOOK LIKE?? IF A PERSON HAD PUT HIS MONEY IN EUROS A FEW YEARS BACK THEY WOULD HAVE DONE WELL. WILL THE TRAVEL TO SPAIN AND TURKEY BE SLOWED DOWN THIS YEAR WITH THE LOW PD?? |
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TIMES AREN'T TOO BAD HERE YET BECAUSE THE NEIGHBOUR STILL SEEMS ABLE TO AFFORD A NEW HORSE. |
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go to google type euro go to images. You might want to reduce it. |
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Thanks for the info. My threat of war must have really scared you guys as we have recieved no more snow. |
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| | From: -TinCan | Sent: 1/3/2009 12:40 PM |
OK age rears it's ugly head once more, what does PD stand for? I have an 1896 English penny, would sure hate to carry 240 of those big bastards around in my pocket. |
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| | From: MarkGB5 | Sent: 1/3/2009 1:49 PM |
PD is another word a Pound. In 1896 there would have been in circulation the farthing (quarter of a penny, therefore 1060 to £1), the halfpenny (580 to £1), the penny, the threepenny piece, the sixpenny piece, the shilling (12 pennies), the florin (two shillings), the half crown (two shillings and six pence) and the crown (five shillings). Paper money began with the ten shilling note, then the £1 note, £5 note, £10 note and £20 note. I'm not sure if there was a £50 note back then. It seems, even to me, a very complicated currency system. It only changed to the simpler decimal currency when I was nine, so I can remember buying sweets and comics in "old" money. |
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mark,you bring back memories lol,i used to have a paper round and on saturdays i used to collect the money in old currency,i think we really dipped out big time when decimilisation happened,going from 240 pennies to 100 is got to be a loser.seafire |
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Sea, is a paper round the same as a paper route? T-Dog |
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Point was that the smallest price rise was 1/4d, a 1060th of a £. Then in 1971 the smallest was a half p, or a 200th of a £. The crown was a ceremonial currency only for collectors and to commemorate special events. the half crown went before decimilisation. the 10 bob note went in 1970. The commies said coin lasted longer than notes. I think there was a mental tripwire against breaking into notes. but labour loves inflation. Believe this or not. as a small boy in Germany there were 3d and 6d and shilling notes. "Bafs" British Armed Forces currency. You could only spend them in the NAAFI, SAME AS YOUR PX |
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