Decimal Currency – The SystemTranscript: The new decimal money will be with us on D-Day – Decimal Day – the 15th of February 1971. The pound will be divided up into a hundred new pence. And we'll do our decimal shopping in pounds and new pence only. Here are the new coins – 6 of them. Then 3 silver ones are already in use. The 50 new pence – equal to 10 shillings. Then 10 new pence – equal to 2 shillings. And the 5 new pence – equal to 1 shilling. The 3 copper coins will be introduced on D-Day. The 2 new pence, the new penny and the new half penny. Remember: the pound stays the same. Only the coins which make up the pound are changing.
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