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jprice New Member United States 7 Posts	Posted 11/19/2015 7:10 pm what is a decimal issue? Report this Post to the Staff
Numisma Pillar of the Community United States 4963 Posts	Posted 11/19/2015 7:46 pm In 1970 (I think), Britain switched from the penny/shilling/pound system (12 pence in a shilling, 20 shillings in a pound) to the decimal system (100 pence in a pound, no shillings). Coins minted before that are no longer worth face value, as one new penny is equal to 2.4 old pennies, but for a period they were exchangeable (one shilling is worth 5 new pence, etc.) Report this Post to the Staff
jprice New Member United States 7 Posts	Posted 11/19/2015 8:22 pm Ok...that raises 2 questions for me because I've been curious about this: is there more than 1 country that issued schillings? And how does the Euro come into play here? I thought the pound system was replaced by the Euro....? Report this Post to the Staff
Numisma Pillar of the Community United States 4963 Posts	Posted 11/19/2015 8:36 pm No, the UK doesn't use the Euro. The shilling was an English/British denomination, but is similar in name to other currencies, such as the German schilling (no longer used). Note the spelling differences. Report this Post to the Staff
jprice New Member United States 7 Posts	Posted 11/19/2015 8:52 pm well that makes sense. I had to get home and look at it but I have a 1966 2 schilling coin that looks completely different from the rest that was given to me. I guess I never really followed what all currencies switched to the Euro...i seldom have time, internet connection, and my coins all at the same time Report this Post to the Staff
Numisma Pillar of the Community United States 4963 Posts	Posted 11/19/2015 9:09 pm A 2 shilling (no C in shilling) coin is called a florin. You can post it here if you like. Report this Post to the Staff
jprice New Member United States 7 Posts	Posted 11/19/2015 9:13 pm lol...i guess I could have looked at the coin I have in front of me for the spelling . I will get a pic and try to remember to post it tomorrow. Report this Post to the Staff
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