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The nature and scale of the First World War was unlike anything that had been seen before. Large numbers of soldiers fell in the service of their country and have no known grave. To honour these men, and to ensure their sacrifice would be forever remembered, an unidentified British soldier from the battlefields in France was buried in Westminster Abbey, to represent all those who fell in battle and had no proper burial.
Decimalisation, or Decimal Day as it is most known, occurred in 1971 after the pre-decimal system was deemed too complicated with pounds, shillings and pence. Initially, the plan was to make the new decimal currency into cents and dollars (known more in the USA), but this was reconsidered, and pounds and pence were the chosen coinage.
Then in 1817, the ‘new sovereign’ made its debut with a newly imagined design featuring St George slaying the dragon. The new design was created by Italian gem engraver Benedetto Pistrucci and was destined to become one of the world’s most loved coin designs.
In Britain, the original grading scale classed every coin as either ‘Fine’ or ‘Extremely Fine’ – these were the only options. As times changed, extra steps were added into that scheme: ‘Good’ and ‘Very Good’, both below Fine, and ‘Very Fine’, below Extremely Fine. That created five grading steps, which was even further expanded over time by dealers by adding ‘Almost’ or ‘Good’ to any of those grades, with ‘Almost Fine’ being less than Fine and ‘Good Fine’ being better than Fine, but less than ‘Almost Very Fine’.
For over one hundred years this was the grading scheme in Europe, and it didn’t include the grade ‘Uncirculated’, for the simple reason that it was considered that any coin that came from circulation couldn’t be ‘uncirculated’.
There were 12 pennies to the shilling and 20 shillings to the pound. There were also Half Crowns, Three Pennies, Sixpences and Farthings. Prior to the decimalisation era, many had problems dealing with the complicated system, with Sir John Bowring, a Member of Parliament at the time, being one of the first calling to change to a currency based on units of ten.
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