Re: [CR] Making sense of old British prices---addendum photos

(Example: Framebuilding)

Date: Thu, 4 Dec 2008 06:18:52 -0800 (PST)
From: "Alan Lloyd" <adl2k@yahoo.com>
Subject: Re: [CR] Making sense of old British prices---addendum photos
To: classicrendezvous@bikelist.org
In-Reply-To: <MONKEYFOODecd92bXCH00000b91@monkeyfood.nt.phred.org>


It isn't a "Churchill pound coin", it is a (Churchill) crown: five shillings (5/-), four to a pound.

The pound coins weren't introduced until quite a while after decimalisation in 1971 (when?) and led to the replacement of the pound note, a move that still hasn't been made successfully in the USA with the dollar bill!

And in answer to an earlier question about crowns (NB: the slang for these was a dollar, from when the exchange-rate was 4.03 dollars to the pound in the 1940s), they were still legal tender (IE: they could be used) but were actually only issued for 'ceremonial' purposes and, as such, collected.

Alan Lloyd
Schaumburg, Illinois, U.S.A.