History of the British farthing
The farthing (derived from the Old English feorthing, a fourth part) was a British coin worth a quarter of an old penny (1⁄960 of a pound sterling). This is the equivalent of around 1⁄10 of a new penny. It ceased to be struck after 1956 and was demonetised from 1 January 1961. The British farthing is a continuation of the English farthing, struck by English monarchs prior to the Act of Union 1707, which unified the crowns of England and Scotland into the Kingdom of Great Britain. Only pattern farthings were struck under Queen Anne as there was a glut of farthings from previous reigns. The coin was struck intermittently under George I and George II, but by the reign of George III, counterfeits were so prevalent the Royal Mint ceased striking copper coinage after 1775. The next farthings were the first struck by steam power, in 1799 by Matthew Boulton at his Soho Mint under licence. Boulton coined more in 1806, and the Royal Mint resumed production in 1821. The farthing was struck fairly...
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