how did people buy really cheap stuff in the olden days when pounds were worth much more ? Surely 1 pence would be paying too much in certain situations

Question

how did people buy really cheap stuff in the olden days when pounds were worth much more ? Surely 1 pence would be paying too much in certain situations

In: Other

Answer 1

I don’t know the denominations over there, but in US when the dollar was worth more, pennies and nickels were very important for those smaller purchases. And now a days, there are these calls to eliminate smaller denomination coins.