I loved the old money and my weekly half-crown pocket money - a big heavy silver coin that almost seemed too perfect to spend. In those days some of the coins, and the florins and shillings had real silver in them and so they wore down and became quite smooth. It was comforting to see the different designs and to trace the kings and queens - Victoria, Edward, George, George again and then Elizabeth.
The money was very heavy of course and the poor conductors on the buses used to carry a weighty satchel full of 'coppers.' I used to take the bus from the station to get me to school and I would ask for 'a penny-halfpenny half' - in those days children used to get half-fare until the age of fourteen. The farthing (quarter penny) had gone by the time I started to spend money - as had the silver threepenny bit - but there were still plenty about. I remember in Glasgow offering two farthings for a half-penny when we were short of change to buy some potato scones, but the shop woman wouldn't accept them. They had ceased to be legal tender as had the silver threepennies some time before. So we had the 12 sided yellow coin with daisies on it, or later a portcullis, instead.
I lived near a railway and we loved putting these old coins on the line and letting the massive steam locomotives run over them so that they were flattened and rolled out like pastry. Pennies were all right but the railwaymen used to get very cross with us for trying to flatten threepenny bits. (I don't know why they were called 'bits,' nothing else was - except, I suppose, in America where they talked about cheap things as being 'two-bit;' but I never knew what that meant either) Apparently threepenny bits damaged the locomotive's 'tyres.' Now I didn't know that a locomotive had tyres but I suppose it is logical. They must wear and if you didn't take the outside of the wheel off occasionally and replace it with a new one then the engine would be running on the spokes of its wheels. Or so anyway I reasoned. So we didn't put threepenny bits on the line and we were too poor to afford to waste silver coins in this way.
Bank notes were far bigger than they are today. They really were bank notes then and you felt proud to own one. A pound note was the size of a business envelope and the five pound note the size of a small flag. Neither carried the Queen's head (or even the King's head when the King was alive. He smoked heavily and died of cancer but it didn't stop me or anyone else smoking when I was young. Even my great aunt smoked occasionally, insisting on a cigarette called 'Passing Clouds' - made by Wills, I think, like the Woodbines, whereas my step-mother, who didn't like smoking but did so to be fashionable, smoked du Maurier after the novelist, but only at parties. My father smoked cheroots, but not very often. My aunt made me buy him a packet every Christmas. They sounded very sophisticated. But I didn't smoke any of these when I grew up. I think they had gone out of fashion by then, like the money).
You could buy a great many cheroots for £5 in those days but the Bank of England dispensed with the old £5 note because it was so easy to forge, even with all its lovely black swirly writing which made it look more like a letter or contract than a banknote. Something big, blue and square with a picture of Britannia took its place. And the £1 note was similar but in green and then there was a ten shilling note (that was half a pound) in a reddish-brown sort of colour. The notes became smaller as the money lost its value and the design changed. That's when they put the Queen's head on it - as if that might stop the money losing its value. Then the notes disappeared altogether. First the ten shillings and then the pound and today's five pound note will disappear very soon as well I imagine.
Money has lost a lot of value. When I first went to France more than 50 years ago you could get 14 francs to the pound. That would be more than 2 euros. You could get 10 deutsche marks to the pound - that would be about 5 euros and you could get 2 dollars and 80 cents if you wanted American money. I know this figure because it was fixed. Fixed that is until the pound was devalued and the figure became 2 dollars 40 cents.
I still have a collection of the old money and some of the old notes and I suppose everyone thinks wistfully of the pounds shillings and pence that we used to think so logical and which so bemused visitors from overseas. We had a lot of visitors when I was young and I felt so sad for them when a shopkeeper would demand 'three and sevenpence ha'penny' They hadn't a clue what this meant and would just hand over a note or a purse full of change and invite the shopkeeper to take whatever she wanted. So in some ways things have improved. Though the money isn't what it used to be. In any way at all.
