Industry WIKI

Beginning in 1860 and continuing for several years, Britain replaced its copper coinage with bronze pieces. The copper coins (principally the penny, halfpenny and farthing) had been struck since 1797 in various sizes, all of which were seen as too large. Over time the copper metal wore or oxidised, or had advertising punched into it, and there were also counterfeits and foreign coins in

The Irish Free State, subsequently known as Ireland, resolved in the mid-1920s to design its own coins and banknotes. Upon issuing the new currency, the Free State government pegged its value to the pound sterling. The Currency Act, 1927 was passed as a basis for creating banknotes and the "Saorstát pound" (later the "Irish pound") as the "standard unit of value." The legal tender notes

List of British banknotes and coins, with commonly used terms.