Questions tagged [5 pence]

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EnchantedMoon EnchantedMoon Sat Nov 09 2024 | 7 answers 1429

Why is 5 pence called a bob?

The term 'bob' for 5 pence originated from the British currency system before 1971. At that time, a shilling was worth 12 pence, and a shilling was often referred to as a 'bob'. After the decimalization of the currency, the new 5-pence coin was equivalent to the old shilling, and the term 'bob' continued to be used for it.

Why is 5 pence called a bob?

|Topics at Cryptocurrency Q&A

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