The Sixpence or Tanner: Understanding the Name for Six Old Pennies in British Currency
In the history of British currency, the sixpence, or colloquially known as the 'tanner,' holds a unique place. Understanding what this coin represents and its historical context is essential for anyone interested in British numismatics or the economic evolution of the United Kingdom.
What is a Sixpence?
Until the abolition of the old British currency system in 1971, a sixpence was a small silver coin. This coin was worth six old pennies, making it a significant denomination in daily transactions. It was a widely used coin for everyday purchases, such as newspapers, street tickets, and small goods.
The Colloquial Term: Tanner
Alongside its official name, the sixpence was often called a 'tanner.' This colloquial term was prevalent in colloquial exchanges, newspapers, and literature. The origin of the term 'tanner' remains a subject of debate, but it is likely derived from the color of the coin, which was a bright, shiny silver.
The Transition to Decimalisation
The old British currency system, including the sixpence, was replaced by a new decimal system in 1971. This change was a response to various economic factors, including the standardization of currency across the Commonwealth and the need for a more manageable monetary system. Decimalisation involved a straightforward conversion, where 100 new pence equaled one pound, replacing the old system of 240 pennies in a pound.
A Detailed Overview of Pre-Decimalisation Coins
Before decimalisation, the coinage system was more intricate, featuring various coins with specific values. Here is a breakdown of the coins and their values:
A tanner (6 pence) was half a shilling. A bob (1 shilling) was a single coin. A two-bob bit or florin (2 shillings) was worth two shillings. A half crown (2 shillings and 6 pence) was worth 2.5 shillings or 30 pence. A pound note was worth 21 shillings (21 pence).These coins formed the backbone of the pre-decimalisation system, making the transition to the decimal system even more pronounced.
Memories of a Long-Forgotten Era
Many of today's residents, especially younger generations, might never have encountered the sixpence or a tanner in their daily lives. The older generation, however, retains vivid memories of these coins and the cultural context in which they were used. Old people and collectors often reminisce about the sound of 'tanners' being dropped into a purse or the feel of the coins in the pocket. This nostalgia reinforces the cultural significance of the sixpence and the tanner.
Conclusion
The sixpence and its colloquial name, the 'tanner,' represent a unique chapter in British monetary history. Transitioning to a decimal system in 1971 brought about more than just a change in currency; it marked the end of an era. Understanding the significance of the sixpence and the tanner not only sheds light on the evolution of British currency but also provides insight into the cultural and economic context of past decades.
Keywords: sixpence, tanner, pre-decimalisation