Dozenal Money

a personal view by James Morcom

I have a few ideas on the possibility of a dozenal money system. I believe this to be a good idea:

*10 dozenals in a Penny
*10 pence in a Shilling
*10 shillings in a Pound

This means we can bring about the return of oddities like:

Farthing = 3 dozenals
Groat = 4 pence
New Half Crown = 1s6d (or 1/6, or in dozenal *1·6 shillings)
Florin = 2 shillings
New Crown = 3 Shillings

The Victorians used to have a great deal of coins.
I believe it is a good idea to have a lot of coins even if they are rarely used!
These are the coins that could be used:

1 dozenal(Value of 1p)
2 dozenals (value of 2p)
1 farthing (value of 3p)
4 dozenals(value of 4p)
1 Half penny(value of 6p)
8 dozenals(value of 8p)
1 penny(value of 12p)
2 pence(value of 24p)
3 pence(value of 36p)
1 groat(value of 48p)
6 pence(value of 72p)
8 pence(value of 96p)
9 pence(value of £1·08)
1 shilling(value of £1·44)
1 New Half Crown(value of £2·16)
1 florin(value of £2·88)
1 New Crown(value of £4·32)
4 Shillings(Value of £5·76)
1 half sovereign(value of £8·64)
1 sovereign(value of £17·28)
2 sovereign(value of £34·56)
3 Sovereign(value of £51·84)
6 Sovereign(value of £103·68)

As for the notes we could have:

3 Shillings(value of £4·32)
4 Shillings(value of £5·76)
6 Shillings(value of £8·64)
£1(value of £17·28)
£2(value of £34·56)
£3(value of £51·84)
£6(value of £103·68)
£*10(value of £207·36)

I have chosen 1 dozenal = 1p as a conversion because it is simple.

I will now show you the process of a dozenal currency change over. We would have at the beginning these decimal coins and notes:

1p1 dozenal
2p2 dozenals
5p5 dozenals
10pT dozenals
20p*1·8d
50p*4·2d
£1.00*8·4d
£2.00*14·8d (1s 4·8d)
£5.00*35·8d (3s 5·8d)
£10.00*6E·4d (6s E·4d)
£20.00*11T·8d (£1 1s T·8d)
£50.00*2T8·8d (£2 Ts 8·8d)

This will be the values of the decimal money at the beginning of the change over.
At the end of the 6 month change over the coins will get more expensive. The decimal £1 coin will become worth 8d (this is why I have suggested an 8 pence coin), from its former value of *8·4d. The 2p coin will go out of circulation at the end. Its size will be roughly the basis for the 1/2d. The 1p will also go out of circulation. The size of the 1p coin will be roughly the basis for the farthing.
The 1 dozenal coin will be a little smaller than the 1/2p. The 2 dozenal coin will much the same size as the 1/2p but will have the value of 2p. The 5p coin will become worth 4 dozenals (which is why I suggested a 4 dozenals coin), from its former price of 5 dozenals. The 10p coin will become worth 8 dozenals (which is why I suggested an 8 dozenals coin), from its former value of T dozenals. The 20p coin will go out of circulation.
The 50p coin will become worth 4d and will be renamed a groat, from a former value of *4·3d. The £2 coin will go out of circulation. The £5 note will become worth three shillings, from a former value of *35·8d. The £10 note will become worth 6 shillings, from a former value of *6E.4d. The £20 note will become worth £1, from a former value of £1 1s T·8d. The £50 note will go out of circulation.
The decimal coins that stay in will be given the names of their worth at the end of the change over, i.e. the £20 note will be worth £1 and will be known as £1! The decimal coins that have stayed will have their coin specifications changed within twelve years. The decimal notes that are in will have their specifications changed in 3 years time.

When I was mentioning the coins at the beginning I was talking about their value at the beginning of the change over. Any coins that I have not mentioned will either be made from past specifications or made anew.

All comments or queries welcome!