Quote Originally Posted by Jock Scot View Post
Ah yes, I remember it well. Except in my day there were 20 shillings( 240 old pennies) to the pound (£) and 16 oz to the pound(not sure about troy pounds).
my mind slipped a cog! Of course there were 20 shillings to the pound. My Mother's favourite comment about a not-too-bright person was "he/she has only 12 shillings to the pound!) BTW Troy pound (12 troy oz) is the measure used for precious metals, silver and gold. Hence the old pence "d" came from the Latin dinari (sp?) which was a day's wages for a labourer. The old nursery rhyme about "Jack , getting only a penny a day, for he can't work any faster." (It had been a long day, my apologies again for the goof.)