Table of Sterling Money
| 4 | farthings (far.) | = | 1 penny (d.) |
| 12 | pence (not pennies) | = | 1 shilling (s.) |
| 20 | shillings | = | 1 pound (£), or sovereign |
| 5 | shillings | = | 1 crown |
| 21 | shillings | = | 1 guinea |
The standard unit of Sterling Money is 1 pound or sovereign, whose value in our money is $4.8665.
The coins of Great Britain in general use are:—
Gold: Sovereign, half-sovereign, and guinea, which is equal to 21 shillings.
Silver: The crown (equal to 5 shillings), half-crown, florin (equal to 2 shillings), shilling, six-penny and three-penny pieces.
Copper: Penny and half-penny.
Example: I have £5 sterling. What is the value in United States money?
Solution:
The value is 5 × $4.8665, or $24.33