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British One Penny Coin
The United Kingdom, British decimal one penny (1p) coin is a unit of currency and denomination of Coins of the United Kingdom, sterling coinage worth of one Pound sterling, pound. Its Obverse and reverse, obverse featured the profile of Queen Elizabeth II since the coin's introduction on 15 February 1971, the day British currency was Decimal Day, decimalised, until her Death and state funeral of Elizabeth II, death on 8 September 2022. A new portrait featuring Charles III, King Charles III was introduced on 30 September 2022, designed by Martin Jennings. Four different portraits of the Queen were used on the obverse; the last design by Jody Clark was introduced in 2015. The second and current reverse, designed by Matthew Dent (designer), Matthew Dent, features a segment of the Royal coat of arms of the United Kingdom, Royal Shield and was introduced in 2008. The penny is the lowest value coin (in Real versus nominal value (economics), real terms) ever to circulate in the Unite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bronze
Bronze is an alloy consisting primarily of copper, commonly with about 12–12.5% tin and often with the addition of other metals (including aluminium, manganese, nickel, or zinc) and sometimes non-metals (such as phosphorus) or metalloids (such as arsenic or silicon). These additions produce a range of alloys some of which are harder than copper alone or have other useful properties, such as strength, ductility, or machinability. The archaeological period during which bronze was the hardest metal in widespread use is known as the Bronze Age. The beginning of the Bronze Age in western Eurasia is conventionally dated to the mid-4th millennium BCE (~3500 BCE), and to the early 2nd millennium BCE in China; elsewhere it gradually spread across regions. The Bronze Age was followed by the Iron Age, which started about 1300 BCE and reaching most of Eurasia by about 500 BCE, although bronze continued to be much more widely used than it is in modern times. Because historica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decimal Day
Decimal Day () in the United Kingdom and in Republic of Ireland, Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pound sterling, pounds, Shilling (British coin), shillings, and penny, pence. Before this date, both the British pound sterling and the Irish pound (symbol "£") were subdivided into 20 shillings, each of 12 (old) pence, a total of 240 pence. With decimalisation, the pound kept its old value and name in each currency, but the shilling was abolished, and the pound was divided into 100 new pence (abbreviated to "p"). In the UK, the new coins initially featured the word “new”, but in due course this was dropped. Each new penny was worth 2.4 old pence ("d.") in each currency. Coins of half a new penny were introduced halfpenny (British decimal coin) , in the UK and Halfpenny (Irish decimal coin), in Ireland to maintain the approximate granularity of the old penny, but these were dropped in the UK in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decimal Currency Act 1969
Decimal Day () in the United Kingdom and in Ireland was Monday 15 February 1971, the day on which each country decimalised its respective £sd currency of pounds, shillings, and pence. Before this date, both the British pound sterling and the Irish pound (symbol "£") were subdivided into 20 shillings, each of 12 (old) pence, a total of 240 pence. With decimalisation, the pound kept its old value and name in each currency, but the shilling was abolished, and the pound was divided into 100 new pence (abbreviated to "p"). In the UK, the new coins initially featured the word “new”, but in due course this was dropped. Each new penny was worth 2.4 old pence ("d.") in each currency. Coins of half a new penny were introduced in the UK and in Ireland to maintain the approximate granularity of the old penny, but these were dropped in the UK in 1984 and in Ireland on 1 January 1987 as inflation reduced their value. An old value of 7 pounds, 10 shillings, and sixpence, abbrevi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Callaghan
Leonard James Callaghan, Baron Callaghan of Cardiff ( ; 27 March 191226 March 2005) was a British statesman and Labour Party (UK), Labour Party politician who served as Prime Minister of the United Kingdom from 1976 to 1979 and Leader of the Labour Party (UK), Leader of the Labour Party from 1976 to 1980. Callaghan is the only person to have held all four Great Offices of State, having also served as Chancellor of the Exchequer from 1964 to 1967, Home Secretary from 1967 to 1970 and Foreign Secretary (United Kingdom), Foreign Secretary from 1974 to 1976. He was a Member of Parliament (United Kingdom), Member of Parliament (MP) from 1945 to 1987. Born into a working-class family in Portsmouth, Callaghan left school early and began his career as a tax inspector, before becoming a trade union official in the 1930s. He served as a Lieutenant (navy), lieutenant in the Royal Navy during the Second World War. He was elected to Parliament of the United Kingdom, Parliament at the 1945 U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
£sd
file:Guildhall Museum Collection- Drusilla Dunford Money Table Sampler 3304.JPG, A Sampler (needlework), sampler in the Rochester Guildhall, Guildhall Museum of Rochester, Medway, Rochester illustrates the conversion between pence and shillings and shillings and pounds. file:Cash register (8058279685) (2).jpg, Old till in Ireland, with "shortcut" keys in various £sd denominations (lower numbers) and their "new pence" equivalent (upper numbers) file:TOY (FindID 748865).jpg, Play money, Toy coin, which teaches children the value of a shilling £sd (occasionally written Lsd, spoken as "pounds, shillings, and pence" or pronounced ) is the popular name for the pre-decimal currency, currencies once common throughout Europe. The abbreviation originates from the Ancient Roman units of measurement, Latin currency denominations , , and . In the British Isles, these were referred to as ''pound sterling, pounds'', ''shillings'', and ''pence'' (''pence'' being the plural of ''penny''). Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proto-Germanic Language
Proto-Germanic (abbreviated PGmc; also called Common Germanic) is the reconstructed proto-language of the Germanic branch of the Indo-European languages. Proto-Germanic eventually developed from pre-Proto-Germanic into three Germanic branches during the fifth century BC to fifth century AD: West Germanic, East Germanic and North Germanic. North Germanic remained in contact with the other branches over a considerable time, especially with the Ingvaeonic languages (including English), which arose from West Germanic dialects, and had remained in contact with the Norse. A defining feature of Proto-Germanic is the completion of the process described by Grimm's law, a set of sound changes that occurred between its status as a dialect of Proto-Indo-European and its gradual divergence into a separate language. The end of the Common Germanic period is reached with the beginning of the Migration Period in the fourth century AD. The alternative term " Germanic parent langua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Old English
Old English ( or , or ), or Anglo-Saxon, is the earliest recorded form of the English language, spoken in England and southern and eastern Scotland in the Early Middle Ages. It developed from the languages brought to Great Britain by Anglo-Saxon settlers in the mid-5th century, and the first Old English literature dates from the mid-7th century. After the Norman Conquest of 1066, English was replaced for several centuries by Anglo-Norman language, Anglo-Norman (a langues d'oïl, type of French) as the language of the upper classes. This is regarded as marking the end of the Old English era, since during the subsequent period the English language was heavily influenced by Anglo-Norman, developing into what is now known as Middle English in England and Early Scots in Scotland. Old English developed from a set of Anglo-Frisian or Ingvaeonic dialects originally spoken by Germanic tribes traditionally known as the Angles (tribe), Angles, Saxons and Jutes. As the Germanic settlers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender
Legal tender is a form of money that Standard of deferred payment, courts of law are required to recognize as satisfactory payment in court for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which, when offered ("tendered") in payment of a debt, extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. It is generally only mandatory to recognize the payment of legal tender in the discharge of a monetary debt from a debtor to a creditor. Sellers offering to enter into contractual relationship, such as a contract for the sale of goods, do not need to accept legal tender and may instead contractually require payment using electronic methods, foreign currencies or any other legally recognized object of value. Coins and banknotes are usually defined as legal tender in many countries, but personal cheque, checks, credit c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electroplating
Electroplating, also known as electrochemical deposition or electrodeposition, is a process for producing a metal coating on a solid substrate through the redox, reduction of cations of that metal by means of a direct current, direct electric current. The part to be coated acts as the cathode (negative electrode) of an electrolytic cell; the electrolyte is a solution (chemistry), solution of a salt (chemistry), salt whose cation is the metal to be coated, and the anode (positive electrode) is usually either a block of that metal, or of some inert electrical conductor, conductive material. The current is provided by an external power supply. Electroplating is widely used in industry and decorative arts to improve the surface qualities of objects—such as resistance to abrasion (mechanical), abrasion and corrosion, lubrication, lubricity, reflectivity, electrical conductivity, or appearance. It is used to build up thickness on undersized or worn-out parts and to manufacture metal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bronze
Bronze is an alloy consisting primarily of copper, commonly with about 12–12.5% tin and often with the addition of other metals (including aluminium, manganese, nickel, or zinc) and sometimes non-metals (such as phosphorus) or metalloids (such as arsenic or silicon). These additions produce a range of alloys some of which are harder than copper alone or have other useful properties, such as strength, ductility, or machinability. The archaeological period during which bronze was the hardest metal in widespread use is known as the Bronze Age. The beginning of the Bronze Age in western Eurasia is conventionally dated to the mid-4th millennium BCE (~3500 BCE), and to the early 2nd millennium BCE in China; elsewhere it gradually spread across regions. The Bronze Age was followed by the Iron Age, which started about 1300 BCE and reaching most of Eurasia by about 500 BCE, although bronze continued to be much more widely used than it is in modern times. Because historica ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Versus Nominal Value (economics)
In economics, nominal value refers to value measured in terms of absolute money amounts, whereas real value is considered and measured against the actual goods or services for which it can be exchanged at a given time. Real value takes into account inflation and the value of an asset in relation to its purchasing power. In macroeconomics, the real gross domestic product compensates for inflation so economists can exclude inflation from growth figures, and see how much an economy actually grows. Nominal GDP would include inflation, and thus be higher. Commodity bundles, price indices and inflation A commodity bundle is a sample of goods, which is used to represent the sum total of goods across the economy to which the goods belong, for the purpose of comparison across different times (or locations). At a single point of time, a commodity bundle consists of a list of goods, and each good in the list has a market price and a quantity. The market value of the good is the marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Coat Of Arms Of The United Kingdom
The royal coat of arms of the United Kingdom, also referred to as the royal arms, are the arms of dominion of the British monarch, currently Charles III. They are used by the Government of the United Kingdom and by other The Crown, Crown institutions, including courts in the United Kingdom and Coat of arms of the United Kingdom#Commonwealth usage, in some parts of the Commonwealth of Nations, Commonwealth. Difference (heraldry), Differenced versions of the arms are used by members of the British royal family. The monarch's official flag, the Royal Standard of the United Kingdom, royal standard, is the coat of arms in flag form. There are two versions of the coat of arms. One is used in Scotland, and includes elements derived from the Coat of arms of Scotland, coat of arms of the Kingdom of Scotland, and the other is used elsewhere and includes elements derived from the Coat of arms of England, coat of arms of the Kingdom of England. The shields of both versions of the arms Quart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
