Definition:Sterling/Threepenny Bit

Definition

The threepenny bit is an obsolete unit of the Sterling monetary system.

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threepenny bit

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\(=\)

\(\ds \dfrac 1 2\)

a sixpence

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\(=\)

\(\ds \dfrac 1 4\)

shilling

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\(=\)

\(\ds \frac 1 {80}\)

pound sterling

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(old) pence

Also known as

The threepenny bit was also known as the threepenny piece, particularly its earlier silver form.