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Home Page It's my lucky day; I spot a coin on the path. A penny and not worth stopping for? - no, it's a pound coin, which I still feel has enough value to merit picking up. It would still buy you a cup of tea on the train. Standardised, sensible Euros are replacing national coinage all over Europe. I'll miss the pleasure of paying for a crêpe in francs, a cappuccino in lira or wild garlic soup in Austrian shillings. The penny was originally one twelfth of a shilling (and there were 20 of those to the pound, it seemed to make perfect sense at the time). It was first minted as a silver coin by the Anglo-Saxons. Quantities of them ended up in Denmark as Danegeld, a tax which started as a Viking extortion racket but which was levied by the English monarch long after the threat subsided. I've heard the name attributed to Penda of Mercia, the last pagan king in England. It's still a link with the past, even in its diminutive 'new penny' form, but back in the 1960s, when I was at school it was a direct link with our history. You'd often come across Edward VII or Queen Victoria on the 'heads' side. 'Bun pennies' were the oldest. The design, of the young Victoria with her hair in a bun, was usually worn almost flat. My Grandma used to collect them in a jam jar for a church appeal, which, in those days, was probably for a missionary fund.
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