I'd like to know how much a pound would be worth in the 1800s (like 18850 about) for a story me and my friend are writing.


A yearly income of 10,000 pounds in the 1800's would be equal in 2009 average yearly earnings value to £9.27 million pounds a year, or $14 million USD. Articles by fifty authors.Castles, Customs, and Kings is nominated for the 2014 RONE Award This does mean therefore that the same money and goods, did in fact equate to more labour effort, since more work was required at the time to produce lower levelsof production output. 1 guinea was £1 1s. 1 decade ago. Favourite answer. History pours out a legacy of battles, a developing monarchy, a structured class system, court-inspired behaviors and fashions, artwork and writings that have created a love for all things British. )These estimate are based on relative value against a loaf of bread which is taken to be the hedge against inflation. Five pennies in 1800 was the equivalent in labour value to around £23.50 today, while 5 pennies in 1899 was equivalent to around £8.50 today. Luxury goods and professional services were habitually priced in guineas, and everything else in straight pounds, shillings and pennies. I love the photos, especially the one contrasting the size of the silver penny and the copper two pence. Great post, Mike. Your book sounds fascinating!I always thought historic English money was confusing. Amelia. I hope you can say something about buying on credit?

In the eighteenth century, for instance, clothes in particular represented a much higher proportion of normal spending than they do now. I'd like to know how much a pound would be worth in the 1800s (like 18850 about) for a story me and my friend are writing. Didn't know that or I would have used that in my book, "George in London," set in 1751.Great information, Mike!! and i'd also love if you could give me an idea of how much that is in US money nowso a $20 meal now would probably cost them 3 shillings or 36 pence (36 cents) thenIf you want to know the comparison between British money and U.S. money nowadays this is what i figured out:I did research on this in 2008-09 to estimate historical value charts for financial assets, and fair value of commodities adjusted for inflation...I have pasted my findings from 8th April 2009 below, using the price of bread as a fair measure of inflation...1kg bread = 1kg bread (assumed, although understandably, more labour was required. A pound is the official name of the currency. By then the Bank of England had introduced one- and two-pound notes, but it is worth remembering that a pound was still a lot of money. Thanks to author Mike Rendell, author of The Journal of a Georgian Gentleman for his entertaining and informative article on CURRENCY IN THE SECOND HALF OF THE 18th CENTURY. A guinea is 21 shillings, which is one pound and one shilling. The fact that he is sharing details from his own great (X4)grandfather's diary makes this article even more fascinating.What a fascinating and informative post! In the first half of George III’s reign there were no pound coins (twenty shillings) but a quarter guinea appeared for a year in 1762 and a third of a guinea coin (seven shillings) appeared in 1797. Well, it depends on whether you mean five pennies in 1800–1899, or the equivalent of 5 pence today. Available in print, for Kindle, and AudiobookThe second volume of our Anthology. 2 Answers. In 1850: one pound then= $2.30 now.

Oh sorry, my prices are for the UK.

Although you could use the same method as I did above to calculate for the US, and also can use current US-UK exchange rate to see the values given above in Dollars for the UK.

What type of money was used around the 1800's (half-crowns, shillings, pennies, pounds) and how many of one did it take to equal another? In the middle myself of writing a novel set between, 1778 and 1817, this will be of great value to me. First of all, the guinea wasn’t real money — it was a price. Now I know why! A lot of the novel is set in France; do you have any link to a site on the same period there?

(and half-crown two and a half shillings, of course) A half-sovereign ten shillings. I like the comparison of the spade guinea to the worthless gaming token. Some of us feel that we must fuel the fire~ we have come together to share our historical work and to reach out to our much appreciated readers. (or 21 shillings) - ie. It would seem the only answer to such a coinage mess.reat piece, Mike. Relevance. They were always substituting. Much more variable was the "real wage" or cost of living experienced by most Londoners.
(The plural of quid is quid.) 1 farthing was a ¼ penny. The term survives to this day as one pound and five pence. (as in, 12 pennies equals 1 shilling, 2 crowns equals ten shillings, and so on. 1 crown was five shillings. A quid is a slang name for a pound. But then more labour was required for mining, as for all other forms of work too. 1 shilling then = 12 cents now. and i'd also love if you could give me an idea of how much that is in US money now . Clearly, much will have changed there in the 1790s.Comments with opposing viewpoints are allowed if they are not written in an unnecessarily confrontational or arrogant manner.The Tower of London, photo By Kjetil Bjørnsrud, CC BY-SA 3.0Britain leaves us awed by ancient castles, palaces and museums. Answer Save. Please enjoy our posts about the history of England, Scotland, Wales and all the Empire.Castles, Customs, and Kings: True Tales by English Historical Fiction Authors. please correct me if I'm wrong on anything) And how much it would be worth in today's money (how much money would buy a small bowl of soup and some bread/a room at an inn/or … 1 pence then = one penny now . a pound with an additional shilling.