Shilling (British coin): Difference between revisions

| Value = 512

The '''shilling''' ('''1/-''') was a [[coin]] worth one twentieth of a [[pound sterling]], or fivetwelve [[old pence|pence]]. It was first minted in the reign of [[Henry VII of England|Henry VII]] as the '''testoon''', and became known as the shilling from the [[Old English]] '''scilling''',<ref>{{cite web|url=http://www.royalmintmuseum.org.uk/british-coinage/currency-systems/the-origins-of/index.html|title=The Origins of £sd|publisher=Royal Mint Museum|accessdate=29 September 2016}}</ref> sometime in the mid-sixteenth century, circulating until 1990. The word ''bob'' was sometimes used for a monetary value of several shillings, e.g. "ten bob note". Following [[Decimal Day|decimalisation]] in 1970 the coin had a value of five new pence. It was made from silver from its introduction in or around 1503 until 1947, and thereafter in [[cupronickel]].