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!