Threepence (British coin)
The British threepence piece, usually simply known as a threepence, thruppence, or thruppenny bit, was a denomination of sterling coinage worth of one pound or of one shilling. It was used in the United Kingdom, and earlier in Great Britain and England. Similar denominations were later used throughout the British Empire and Commonwealth countries, notably in Australia, New Zealand and South Africa. The sum of three pence was pronounced variously , or , reflecting different pronunciations in the various regions of the United Kingdom. The coin was often referred to in conversation as a , or bit. Before Decimal Day in 1971, sterling used the Carolingian monetary system, under which the largest unit was a pound divided into 20 shillings, each of 12 pence. The threepence coin was withdrawn in 1971 due to decimalisation and replaced by the decimal new penny, with 2.4d being worth 1p. Early threepences The three pence coin – expressed in writing as "3d" – first appeared in England during the fine silver coinage of King Edward VI (1547–53), when it formed part of a set of new denominations. Although it was an easy denomination to work with in the context of the old sterling coinage system, being a quarter of a shilling, initially it was not popular with the public who preferred the groat (four pence). Hence the coin was not minted in the following two reigns – if one controversially counts Jane or incorrectly treats coins in the sole name of Mary as being a separate "reign" from those which also show and name her husband Philip. Edward VI threepences were struck at the London and York mints. The obverse shows a front-facing bust of the king, with a rose to the left and the value numeral III to the right, surrounded by the legend . The reverse shows a long cross over the royal shield, surrounded by the legend (London mint) (I have made God my helper), or (York mint) (City of York). Queen Elizabeth I (1558–1603) produced threepences during her third coinage (1561–1577). Most 1561 issues are 21 mm in diameter, while later ones are 19 mm in diameter. These coins are identifiable from other denominations by the rose behind the queen's head on the obverse, and the date on the reverse. The obverse shows a left-facing crowned bust of the queen with a rose behind her, surrounded by the legend , while the reverse shows shield over a long cross, dated 1561, surrounded by the legend . Dates used for the smaller coins were 1561–77. Threepences of the fourth coinage (1578–1582) are identical except for having a slightly lower silver content. There was also a fairly rare milled coinage threepence, produced between 1561 and 1564 with similar designs and inscriptions to the hammered coinage threepences. The threepence denomination fell out of use again during the reign of King James I, while during King Charles I's reign (1625–49) it was not produced at the London Tower mint, but was produced (sometimes in