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Maundy Money?

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Kent Mansley
Mon Feb 26, 2007 6:24 pm Maundy Money? Reply with quote

Does anyone know what Maundy Money is?
<:Sparkle:>
Mon Feb 26, 2007 6:31 pm Reply with quote

"Maundy Money is a special British coinage given to deserving poor people in a religious ceremony performed by Anglicans on Maundy Thursday, the Thursday before Easter."

See here for more: [-- login to view link --]

Kent Mansley
Mon Feb 26, 2007 6:34 pm Reply with quote

Thanks much! Very Happy
J.Cordeiro
Fri Aug 31, 2007 9:04 pm Reply with quote

Lets see, Wikipedia says;
Maundy money is a special British coinage given to deserving poor people in a religious ceremony performed by Anglicans on Maundy Thursday, the Thursday before Easter.
Until 1820 ordinary silver coinage was used for the Maundy money, but from 1822 special coins were minted in values of 1, 2, 3, and 4 pence. The 4d coin was also known as a groat.
Each set of Maundy money therefore contains 10 pence, and recipients would be given an appropriate number of complete sets, plus a part-set when appropriate.
The original composition of the coins was Sterling (0.925) silver. In common with all circulating British silver coins, the fineness was reduced to 0.500 in 1921. In 1947, silver was removed from all circulating British coins in favor of cupronickel, but it was felt to be inappropriate to strike Maundy money in such debased metal, so unusually the fineness was restored to 0.925, where it remains to the present day.
In 1971, British currency was decimalized, with 100 new pence instead of 20 shillings of 12 pence (240 pence) in a pound. The design of the Maundy money was not changed at all, so instead of being worth 1, 2, 3, or 4 old pence, the coins are now worth 1, 2, 3, or 4 new pence, each one being worth 2.4 times its former value.
As there is no difference in the design or weight between pre- and post-1971 coins, it was uniquely decided to revalue all pre-decimal Maundy coins back to 1822 at the equivalent value in new pence, i.e. the face value of each coin was increased by a factor of 2.4 overnight.
All Maundy coins, back to 1822, remain legal tender in Britain at their stated value in new pence.
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