Why is 50p called 10 bob?

The 10 Shilling Note, or 'ten bob', was a goodly sum in the old days – in the 1960's it could buy 6 pints of beer, 10 loaves of bread, or 17 pints of milk. It's hard to imagine its decimal equivalent, the 50p, buying so much these days!
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Why was it called a 10 bob note?

Bent as a nine bob note

In the days before the decimal system hit (which was 1971, in case you were wondering), we had the ten shilling note. Back then, we gave our currency nicknames, and the ten shilling note was known as a 'bob note' or 'half a nicker'.
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What is a 10 bob in British money?

The Bank of England 10 shilling note (notation: 10/–), colloquially known as the 10 bob note, was a sterling banknote. Ten shillings in £sd (written 10s or 10/–) was half of one pound. The ten-shilling note was the smallest denomination note ever issued by the Bank of England.
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Why is a shilling called a bob?

'Bob' was also used to refer to a set of changes rung on church bells, and this may have been the nickname's origin as the word 'shilling' has its origins in the proto-Germanic word 'skell' which means 'ring'.
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What is a bob in money slang?

A slang name for a shilling was a "bob" (plural as singular, as in "that cost me two bob"). The first recorded use was in a case of coining heard at the Old Bailey in 1789, when it was described as cant, "well understood among a certain set of people", but heard only among criminals and their associates.
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Ten Shilling Notes and Ten Bob Bits

Why is 25 called a pony?

Old Indian rupee banknotes had animals on them and it is said that the 500 rupee note had a monkey on it and the 25 rupee featured a pony and it has been suggested British soldiers returning home coined the phrase 'Monkey' to mean £500 and 'Pony' for £25 and the more recently used 'Bag of Sand' - grand to mean £1000 .
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What does 10 bob mean in slang?

A 'bob' was the slang word for a Shilling, which was worth 12 old pennies. Following decimilisation in 1971, a Shilling was worth 5 new pence. The old 'ten bob note' (10 shillings) was the equivalent of 5 Florins, or 4 Half Crowns, or 2 Crowns. After decimilisation, it was worth 50p.
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Why was a sixpence called a tanner?

The 'Tanner'

Some attribute it to John Sigismund Tanner (1705–75), a former Chief Engraver of The Royal Mint who designed a sixpence during the reign of George II (r. 1727–60), whilst another theory is that the name comes from the Anglo-Romani word 'taw no' meaning 'small one'.
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Why is a pound called a quid?

Why Are Pounds Called Quid? There doesn't seem to be a definitive answer, similar to the dollar being referred to as "buck." Some believe it originates from quid pro quo, Latin for "something for something," while others think it came from Quidhampton, where there was once a royal paper mill.
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Why was a threepenny bit called a Joey?

' It seems 'joey' was originally a slang term for the silver fourpence, which the radical politician Joseph Hume reintroduced in the 1830s, as he wanted more small change in circulation. This angered cab drivers because receiving the exact fare meant they couldn't pocket a tip.
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Why was old money called D?

Pennies were, confusingly, abbreviated to 'd'. This is because the Latin word for this coin was 'denarius'. A still smaller Roman coin was an 'obulus'. The abbreviation 'ob' was used for halfpennies.
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What is a guinea in money?

The guinea (/ˈɡɪniː/; commonly abbreviated gn., or gns. in plural) was a coin, minted in Great Britain between 1663 and 1814, that contained approximately one-quarter of an ounce of gold. The name came from the Guinea region in West Africa, from where much of the gold used to make the coins was sourced.
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Is a bob the same as a quid?

An Australian shilling, like its British counterpart, was commonly referred to as a "bob", and the florin was consequently known as "two bob". Similarly, one Australian pound was colloquially described as a "quid", "fiddly", or "saucepan", the latter as rhyming slang for "saucepan lid/quid".
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Why was 2 shillings called a florin?

Florin – two shillings

The name comes from a gold coin minted in Florence, Italy in 1252. The coin was the fiorino d'oro. There was a lot of trade around Europe in the 13th century and traders needed a trade coin which could be used in many countries.
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How much was 10 bob in 1960?

The 10 Shilling Note, or 'ten bob', was a goodly sum in the old days – in the 1960's it could buy 6 pints of beer, 10 loaves of bread, or 17 pints of milk. It's hard to imagine its decimal equivalent, the 50p, buying so much these days!
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How much was half a crown?

A half crown was valued at two shillings and sixpence, which equated to an eighth of a Pound.
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Why is money called lolly?

Lolly: This weird name for money was originally short for lollipop. It entered British slang as a term for money in the mid-20th century. But no matter where you're from, most everyone agrees money is sweet. Loot: “Loot” is one of the old words for money we still use today.
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Why is 500 called a monkey?

The British empire's control of India led to a number of phrases making their way across from the Raj to our shores, with a 'monkey' perhaps the most famous. Referring to £500, this term is derived from the Indian 500 Rupee note of that era, which featured a monkey on one side.
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How many farthings are in a penny?

The shilling was subdivided into twelve (12) pennies. 1 shilling = 12 pence. The penny was further sub-divided into two halfpennies or four farthings (quarter pennies).
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Why is 1000 called a bag of sand?

'Nelson Eddy's' is Cockney rhyming slang for readies (pound notes), and 'big bag of sand' means a thousand pounds (a grand). Both of these phrases belong to the vernacular of Cockney rhyming slang, a code-like way of speaking that originated in East London in the mid-19th Century.
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Why is a watch called a kettle?

Kettle and hob = watch

This is a confusing phrase as it doesn't rhyme with its modern-day meaning. The term means watch, which stemmed from a 'fob' watch, which was a pocket watch attached to the body with a small chain. The kettle used to boil on the hob of a stove...
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Why is 200 called a bottle?

bottle = two pounds, or earlier tuppence (2d), from the cockney rhyming slang: bottle of spruce = deuce (= two pounds or tuppence). Spruce probably mainly refers to spruce beer, made from the shoots of spruce fir trees which is made in alcoholic and non-alcoholic varieties.
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Why were there 240 pennies in a pound?

The pre-decimal system

The pre-decimal currency system consisted of a pound of 20 shillings or 240 pence, though at first there were no coins corresponding in value to the shilling or the pound. Below you can see a breakdown of the British coinage system prior to decimalisation.
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What is the monkey in Cockney rhyming slang?

Then you must learn the main money values: £20 is a score, £25 is a pony, £100 is a ton, £500 is a monkey, and £1000 is a grand. Here is the complete list of cockney money slang.
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What is the slang for $1000?

The word grand is used in US and UK slang to mean a thousand dollars or a thousand pounds. There are several theories where this term came from, including the possibility that it refers to $1,000 being a grand (“large”) sum of money.
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